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Norton Rose Fulbright Advises Bank Pekao on Financing Wind Farm Construction in Poland

Norton Rose Fulbright Advises Bank Pekao on Financing Wind Farm Construction in Poland

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Norton Rose Fulbright has advised Bank Pekao on its financing for the construction of the 9.6-megawatt Miloslaw wind farm in Palczyn, Poland, sponsored by ZE PAK. Greenberg Traurig reportedly advised the borrower.

The "Miloslaw wind farm includes four wind turbines with a capacity of 2.4 megawatts each and has secured the offtake of generated electricity by way of a long-term power purchase agreement," Norton Rose Fulbright informed.

ZE PAK is a Polish State Treasury-owned company that focuses on the generation and sale of electricity and the production and distribution of heat.

The Norton Rose Fulbright team was led by Senior Associates Igor Kondratowicz and Cezary Zawislak and included Partner Tomasz Rogalski, Senior Associate Igor Kondratowicz, Lawyers Bartosz Odziemkowski and Martyna Korzeniewska, and Associates Patryk Gelar, Daniel Ksiazek, Paula Stepien, Cezary Zientecki, Karol Truszkowski, and Jan Nowjalis.

The Bank Pekao in-house team included Przemyslaw Floryan, Katarzyna Brodowska, and Hubert Mazurczak.