Thu, Sep
48 New Articles

Clifford Chance and Dominkovic & Osrecak Advise on EUR 126 Million Financing for Zadar Wind Farm

Clifford Chance and Dominkovic & Osrecak Advise on EUR 126 Million Financing for Zadar Wind Farm

Deals and Cases
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Clifford Chance and Dominkovic & Osrecak have advised Taaleri Energia and Encro on the EUR 126 million senior debt financing package for the construction of the Zadar wind farm in Croatia. CMS reportedly advised the lending consortium.

The consortium providing project financing included Zagrebacka Banka, the Croatian Bank for Reconstruction and Development, and the European Bank for Reconstruction and Development.

Taaleri Energia is a Nordic renewables fund manager and developer. Encro is a renewable energy developer in Croatia.

According to Clifford Chance, “the Taaleri SolarWind II fund acquired the wind farm, which will have a capacity of 111 megawatts, together with Encro, the farm's original developer. The Zadar wind farm is located in the county of Zadar, around 300 kilometers south-west of the capital city Zagreb. The wind farm is planning to enter into a long-term power purchase agreement for a substantial proportion of the electricity generated.”

Clifford Chance’s team included Partners Andrzej Stosio and Pawel Puacz, Counsels Dominik Kepinski and Kacper Bardan, and Associate Artur Gladysz.

Dominkovic & Osrecak's team included Managing Partner Ivana Dominkovic Cecelja and Attorney at Law Emanuel Matesic.

Editor's Note: After this article was published, CMS confirmed its involvement in the deal. The firm's team included Croatia-based Partners Jelena Nushol Fijacko and Marija Musec and Senior Associate Relja Rajkovic and Poland-based Partner Rafal Zakrzewski.

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