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DLA Piper Advises EDPR on Sale of Polish Wind Portfolio to Mirova

DLA Piper Advises EDPR on Sale of Polish Wind Portfolio to Mirova

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DLA Piper has advised EDP Renewables Polska on the sale of a 149-megawatt wind portfolio in Poland to Natixis Investment Managers affiliate company Mirova for approximately EUR 303 million. Linklaters reportedly advised Mirova on the deal.

The transaction remains contingent on regulatory approval.

According to DLA Piper, EDPR is a Polish subsidiary of EDP Renovaveis, the world’s fourth-largest wind energy producer. According to the firm, the transaction includes six wind farms, with 20 megawatts in operation and another 129 megawatts under construction, to be completed in 2021.

DLA Piper’s Warsaw-based team was led by Co-Managing Partner in Poland Jacek Gizinski and Senior Associate Klaudia Lorent.