Milica Pešterić

Milica Pešterić

Partner
Milica is a partner with over 17 years of experience advising some of the leading companies in Serbia and across the SEE region, primarily on major energy and industrial projects. She also advises on cross-border financing and has extensive experience with international banks, financial institutions and private lenders on project finance transactions and financial restructurings. She holds an LL.M. from the University of Cambridge and earned her LL.B. from the University of Belgrade Faculty of Law. A member of the Serbian Bar Association, she is in the process of qualifying as a solicitor in England and Wales. Milica is one of the founders of the Association for Energy Law of Serbia (UPES).

Practice Area

Energy, Banking & Finance, Corporate / M&A

Experience

2018 – 2026 Regional law firm
2009 – 2017 International oil and gas company (in-house lawyer)

→Advised an international renewable energy developer with a 7 GW portfolio across Southeast Europe on its operations in Serbia and the development of two wind farm projects valued at approximately EUR 180 million, including planning framework negotiations, site due diligence, land transactions, service agreements, construction works and equipment procurement.
→Advised a renewable energy company backed by a major international developer on a landmark 185 MW solar park in Serbia, representing an investment of approximately EUR 156 million.
→Advising an Israeli renewable energy group with a portfolio exceeding 750 MW on the development and acquisition of solar PV projects in Serbia under ESCO and PPP models, including integrated and standalone battery energy storage systems.
→Advising an established Serbian EPC contractor with over 30 years of experience in power infrastructure on rooftop solar PV and battery storage projects developed under ESCO models.
→Advising the Serbian subsidiary of a Swedish energy storage and trading technology provider, part of a publicly listed industrial group, on the review and negotiation of contracts for a landmark Serbian renewable energy project combining 1 GW of solar capacity and 200 MW of battery storage.
→Advising a major Chinese state-owned export credit insurer in connection with Chinese companies’ investments in a 150 MW wind farm project in Serbia, valued at approximately EUR 217 million.
→Advising a Danish energy trading company on its entry into the Serbian electricity market, including licensing, SEEPEX registration, balancing responsibility and cross-border capacity allocations, with coordinated regulatory advice in Romania and Bulgaria.
→Advised on a EUR 100 million financing provided by Italy’s national promotional institution to Serbia’s state-owned electricity utility, supporting the country’s energy transition and decarbonization efforts.
→Advised an established Turkish conglomerate on renewable energy support mechanisms, including feed-in tariffs, guaranteed electricity prices, incentive periods and the regulatory framework for wind and hydropower projects.

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