29
Wed, Jun
48 New Articles

Dentons and Norton Rose Fulbright Advise on PLN 763 Million Financing for Zwartowo Photovoltaic Farm

Dentons and Norton Rose Fulbright Advise on PLN 763 Million Financing for Zwartowo Photovoltaic Farm

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Dentons has advised the EBRD, PKO Bank Polski, and Bank Pekao on their PLN 763 million financing to Goldbeck Solar and Respect Energy for the construction of a 286-megawatt photovoltaic farm in Poland. Norton Rose Fulbright advised developer Goldbeck Solar.

The investment will be located in Zwartowo, in the Wejherowo district of Pomerania. According to Dentons, “constructed by the German company Goldbeck Solar, the 300-hectare Zwartowo photovoltaic farm will be the largest of its kind in Central and Eastern Europe. The Polish company Respect Energy is responsible for offtake of energy and guarantees of origin. The first phase of the project, to be launched in June 2022, will generate 204 megawatts of power. Ultimately, the PV farm will have a capacity of 286 megawatts, generating about 270 gigawatt-hours of green electricity per year, which will cover the needs of about 153,000 households.”

Goldbeck Solar specializes in the turnkey construction of industrial, commercial, and large-scale photovoltaic systems.

Dentons’ team in Poland included Partners Tomasz Zwolinski and Agnieszka Kulinska, Managing Counsel Michal Motylewski, Counsel Marcin Bartczak, and Senior Associates Katarzyna Mazur, Mikolaj Kepas, and Piotr Michajlow, with further team members in Duesseldorf.

Norton Rose Fulbright’s team was led by Senior Associate Daniel Popek and Counsel Tomasz Rogalski and included Partner Dirk Trautmann, Counsel Oliver Paasch, Senior Associates Serena Or and Krzysztof Gorzelak, Associates Cezary Zawislak, Jakub Kowalczyk, Karolina Majcher, and Oskar Sula, Lawyer Katarzyna Konarska, and Paralegal Mateusz Glaz.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue