Baker McKenzie has advised companies from the Agencja Rozwoju Przemyslu group on their joint venture with GRI Renewable Industries for the construction of a wind tower production facility in Poland. Garrigues advised GRI.
"ARP, together with GRI, will cooperate on the construction of a wind tower production facility for offshore wind turbines, located on Ostrow Island in Gdansk," Baker McKenzie informed. "The combined value of the investment is approximately EUR 200 million, and production is scheduled to commence in 2025. This state-of-the-art manufacturing plant will have a capacity of up to 200 towers per year and will employ several hundred people."
ARP is a Polish state-owned joint-stock company providing support to Polish enterprises.
GRI Renewable Industries is a Spanish company producing wind towers and related components. The company has 18 production facilities in Spain, the US, Brazil, Argentina, China, Turkey, India, and South Africa.
The Baker McKenzie team was led by Counsel Radzym Wojcik and included Associate Pawel Jaros.
The Garrigues team was led by Senior Associate Marcin Lolik and included Senior Associate Mateusz Przygodzki and Associate Krzysztof Stepien.
