Norton Rose Fulbright has advised a club of Polish banks including BNP Paribas Bank Polska and Santander Bank Polska on their PLN 242 million financing for R. Power. Deloitte Legal advised the borrower on the deal.
The funds will be used for the construction of seven photovoltaic installations with a total capacity of 91 megawatts.
According to Norton Rose Fulbright, “R.Power is the largest company in the photovoltaic sector in Poland, where it is developing a portfolio of solar farms with a capacity of over 4 gigawatts. In the last two years alone, the company commercialized and built or commenced construction of nearly 320 megawatts of PV projects.”
Norton Rose Fulbright’s team included Partner Grzegorz Dyczkowski, Counsel Marta Kawecka, Senior Associate Daniel Popek, Associate Oskar Sula, and Lawyer Karolina Lepakiewicz.
Deloitte Legal's team included Managing Partner Tomek Ostrowski, Partner Associate Sylwia Opiatowska, and Associate Mariusz Bujacz.