White & Case has advised the Octopus Renewables Infrastructure Trust on the acquisition of two in-construction onshore wind farms in Poland from the PNE Group. Lux Nova Partners advised PNE on English matters. Allen & Overy advised Bayerische Landesbank and the EBRD on financing the deal. Solivan reportedly advised PNE on Polish law matters.
According to White & Case, the PNE Group is a German developer of wind projects across Europe. The Krzecin and the Kuslin wind farms have a combined capacity of 58.8 megawatts. Their construction commenced in Q4 of 2020 and the projects are expected to be commissioned in Q4 of 2021 and mid-2022, respectively. The projects are financed by the EBRD and BayernLB.
The White & Case team was led by London-based Partner Sandra Rafferty and Warsaw-based Partner Maciej Zalewski, and included Warsaw-based Counsel Katarzyna Czwartosz-Liber and Associates Maciej Gac, Jakub Khier, Michal Perdjon, and Radomir Szewczuk, Hamburg-based Partner Florian Degenhardt, Local Partner Matthias Grigoleit, and Associate Martin Riederer, and Dusseldorf-based Partner Murad Daghles and Associate Philipp Kynast.
The Allen & Overy team was led by Partner Dan Cocker and Trainee Solicitor Jakub Roszyk as principal associate, and included Associates Antoni Roszkowski and Maciej Wroniak.
From Lux Nova Partners it was Partner Nikola Zahariev working on the deal.