Bird & Bird has advised Wento and Enterprise Investors on the EUR 50 million sale of Eco Power sp. z o.o. to PGE Energia Odnawialna. The Warsaw office of Norton Rose Fulbright advised the buyers on the deal.
As a result of the deal, PGE Energia Odnawialna became the owner of the Skoczyklody wind farm. According to PGE Energia Odnawialna, this “will allow [PGE Energia Odnawialna] to increase the total installed capacity of PGE wind farms by over 5% and will strengthen the company as the largest producer of green energy in Poland.”
Bird & Bird’s team included Partner Pawel Bajno, Senior Associate Michal Blaszkiewicz, and Counsel Andrzej Nenwtig.
Norton Rose Fulbright's team was led by Partner Piotr Strawa and included Counsel Tomasz Rogalski, Counsels Artur Jonczyk, Jan Wszolek, and Agnieszka Braciszewska, Associate Magda Olechniewicz-Blocher, and Paralegal Karolina Lepakiewicz.