Fri, Aug
62 New Articles

Clifford Chance and A&O Advise on Financing of Construction of Wind Plant in Poland

Clifford Chance and A&O Advise on Financing of Construction of Wind Plant in Poland

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Clifford Chance has advised a consortium consisting of the EBRD, ING Bank Slaski, mBank, and Santander Bank Polska on financing in the aggregate amount of PLN 480 million to Polenergia for the construction of a 121 MW wind farm in Debsk, Poland. Allen & Overy advised Polenergia.

According to Clifford Chance, "this is the largest investment in the Polenergia Group's history and will increase Polenergia's power in the onshore wind farm segment by almost 50 percent. The farm will be producing electricity sufficient to supply 183,000 households. The implementation of the project is an important step in Poland's green transformation and will enable a reduction in emissions of CO2 by as much as 318,000 tonnes, SO2 by 318 tonnes, NOx by 318 tonnes, CO by 106 tonnes, and suspended matter by 18 tonnes."

Clifford Chance's team was coordinated by Senior Associate Michal Jadwisiak, with Partners Andrzej Stosio and Jared Grubb supervising the project. The team also included Counsel Pawel Puacz, Senior Associate Maksymilian Jarzabek, Associate Piotr Weclawowicz, and Junior Associate Mateusz Ciechomski.

Allen & Overy's team included Partner Tomasz Kawczynski, Counsel Tomasz Trocki, and Associates Karolina Piorkowska-Grynkiewicz and Olga Mrowiec.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2019, Chambers Europe 2019, and The Legal 500 EMEA 2019.

Firm's website: https://penteris.com

Our Latest Issue