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SMM Legal Represents Energa-Obrot on Challenges to Renewable Energy Agreements

SMM Legal Represents Energa-Obrot on Challenges to Renewable Energy Agreements

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SMM Legal is representing Energa-Obrot S.A. in 22 court and arbitration cases concerning framework agreements for the sale of proprietary rights under certificates of origin for the energy generated from wind farms.

According to SMM Legal, "in these proceedings, Energa-Obrot is pursuing the invalidation of contracts (thus declaring the legal relations established thereunder inexistent), made with producers of energy from renewable energy sources. The firm is arguing that the contracts are invalid, due to the infringement of public procurement law. According to the Energa Group’s estimates, discontinuation of the contracts would create as much as approximately PLN 110 million in savings in 2018 alone, with the estimated total value of savings throughout the contract term reaching PLN 2.1 billion."

The series of actions undertaken have the contracts for the purchase of green certificates declared invalid is, according to SMM Legal, "one of the biggest court battles of 2017 in Poland ... both [as] a consequence of the high value of the dispute and its precedential nature."

The firm's 25-lawyer team working on the cases is managed by Senior Partner Rafal Sikorski and Partner Pawel Lacki.

Poland Knowledge Partner

Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

All News about, and Legal Analysis by, Wolf Theiss can be found here.

Firm's website: http://www.wolftheiss.com/

 

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