Norton Rose Fulbright has advised BNP Paribas Bank Polska S.A. on financing granted to five SPVs managing photovoltaic installations in Poland.
In addition to issues related to the financing, according to Norton Rose Fullbright, the scope of its work included the legal due diligence of the PV installations and the provision of legal advice on energy regulatory issues associated with the Polish RES support scheme and on the acquisition of the SPVs by Eques Fotovoltaica FIZ from a Vortex Energy Group company.
According to NRF, “created in February 2020 and managed by Eques Investment TFI S.A., Eques Fotovoltaica 2 FIZ is the first fund on the Polish market that invests in the dynamically growing PV market.” Vortex Energy Polska Sp. z o.o. has been operating on the Polish renewables market since 2006. Its portfolio includes 317 MW of operational projects across Poland.
NRF’s team was led by Counsel Tomasz Rogalski and included Partner Grzegorz Dyczkowski, Counsel Artur Jonczyk, Senior Associate Daniel Popek, Trainee Lawyer Karolina Lepakiewicz, Paralegal Jakub Wiatrzyk, and Trainee Daniel Ksiazek.