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Dentons and Rymarz Zdort Advise on ING's Financing of Polish Solar Projects

Dentons and Rymarz Zdort Advise on ING's Financing of Polish Solar Projects

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Dentons has advised ING Bank Slaski on a multimillion acquisition financing and refinancing of a portfolio of Polish solar projects with an aggregate capacity of 45 MW. The financing was granted to a project company controlled by a fund managed by Aberdeen Standard Investments, which was advised by Rymarz Zdort.

Dentons reports that the transaction involved 22 obligors, "which significantly increased the complexity of the process and documentation." The finance documents are subject to Polish, English, and Swiss law.

Dentons’ team included Partners Agnieszka Lipska and Agnieszka Kulinska, Senior Associate Jan Dubinnski, and Associates Lukasz Blaszczak, Jakub Walawski, Filip Rucinski, Andrzej Sarnacki, Dominika Krysiak-Bogdzio, and Katarzyna Kaptur.

Rymarz Zdort's team included Partners Marcin Iwaniszyn and Marek Durski, Counsels Jakub Rachwol and Jakub Krzemien, and Associates Robert Smigielski, Patryk Gelar, Adrian Augustyniak, Kacper Stanosz, and Andrzej Granat.