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GNZ Legal and Dentons Advise on Wento’s Sale of PV Portfolio to Modus Asset Management

GNZ Legal and Dentons Advise on Wento’s Sale of PV Portfolio to Modus Asset Management

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Gorzelnik Nentwig Ziebinski has advised Equinor Group company Wento on its sale of a 28-megawatt solar photovoltaics portfolio to Modus Asset Management. Dentons has advised the buyer.

Wento is a renewable energy company in Poland that develops, builds, and operates photovoltaic and wind projects in the country.

Modus Asset Management is a Lithuanian fund management company focusing on renewable energy investments.

"Higher degree of complexity is required to navigate power price volatility, rising financing costs, high inflation, and foreign exchange fluctuations," Modus Asset Management CEO Povilas Peciulis commented. "We are committed to further investments, strengthening regional energy independence, and expanding clean generation sources."

The GNZ Legal team was led by Partner Jakub Gorzelnik.

The Dentons team was led by Partner Agnieszka Kulinska and included Counsel Filip Raubo, Senior Associates Lena Boczkaja and Sandra Sekula-Baranska, and Associates Julia Krynska, Marcin Ratajczak, Witold Szpek, and Anna Czebocko.

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

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