Kalo & Associates
is an established Albanian firm based in Tirana and with an office in Kosovo. It was created in 1994 by PërparimKalo, an M&A specialist.
The firm is a founding member of the SEE Legal network, connecting it to firms in 12 jurisdictions across Southeast Europe.
Kalo & Associates advised Raiffeisen Bank Albania in the provision of syndicated loan financing to a major Turkish owned company that has built and owns and operates 3 big Hydro Power Plants in Albania. Their work included the preparation and negotiation of the syndicated loan facility agreement, the provision of legal services in respect of Corporate Guarantees and Personal Guarantees, and the follow up of conditions precedents. The transaction is ongoing.
The firm has also been engaged by Voltalia S.A to assist in the negotiation of the Project Development Agreement with the Ministry of Infrastructure and Economy, the Power Purchase Agreement with Offtaker, connection agreement with the Albanian Transmission System Operator and other commercial agreements with different partners. The team addresses legal matters of power sector law, renewable energy law and power market rules as well as in general public law, administrative law and civil law matters. The advice is ongoing.
Partner Jola Gjuzi left the Energy and Infrastructure in January 2024.
European Bank for Reconstruction and Development (EBRD); Raiffeisen Bank; Finance in Motion; SET SELECT GMBH; Voltalia S.A; Voltalia; CWP Global; WIZZ Air; LIDL Albania
Testimonials 2024/2025
They are very pragmatic and know the local market which helped in negotiations. (Project Development)
The team is very professional, has a lot of experience, strictly adheres to all deadlines, and is accessible at all times. (Project Development)
Oltjon Dano is to the point and provides local market applicable legal and factual advice. (Project Development)
Oltjon Dano is very good at customer management and is very transparent and professional. He has a lot of experience and is solution-oriented. (Project Development)
Testimonials 2023/2024
“Very responsive, smart, cost-sensitive" - Private equity
“Good know how in energy sector transactions and local practice in relation to PDA agreements with public entities.” - Project development
“Agile team with extraordinary knowledge of local legal landscape.” - Project development
Aigest Milo
“Reactive, cooperative, good legal knowledge.”
Frensis Nakuci
“She is an excellent and smart colleague, very responsive, thinking ahead, great as a team player, very nice to work with and knowledgeable about her market and industries.”
