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GNZ Legal and Dentons Advise on Wento’s Sale of PV Portfolio to Modus Asset Management

GNZ Legal and Dentons Advise on Wento’s Sale of PV Portfolio to Modus Asset Management

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Gorzelnik Nentwig Ziebinski has advised Equinor Group company Wento on its sale of a 28-megawatt solar photovoltaics portfolio to Modus Asset Management. Dentons has advised the buyer.

Wento is a renewable energy company in Poland that develops, builds, and operates photovoltaic and wind projects in the country.

Modus Asset Management is a Lithuanian fund management company focusing on renewable energy investments.

"Higher degree of complexity is required to navigate power price volatility, rising financing costs, high inflation, and foreign exchange fluctuations," Modus Asset Management CEO Povilas Peciulis commented. "We are committed to further investments, strengthening regional energy independence, and expanding clean generation sources."

The GNZ Legal team was led by Partner Jakub Gorzelnik.

The Dentons team was led by Partner Agnieszka Kulinska and included Counsel Filip Raubo, Senior Associates Lena Boczkaja and Sandra Sekula-Baranska, and Associates Julia Krynska, Marcin Ratajczak, Witold Szpek, and Anna Czebocko.

Dentons at a Glance

Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you.

Dentons is one of the leading law firms in CEE and Central Asia with offices in Warsaw, Prague, Budapest, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

Firm's website.