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WKB and BNT Advise on KGAL and Lasuno Joint Venture

WKB and BNT Advise on KGAL and Lasuno Joint Venture

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WKB Lawyers has advised the KGAL ESPF 5 Holding on establishing its cooperation with Lasuno to develop renewable energy projects in Poland. BNT Attorneys advised Lasuno.

"The joint venture partners will develop renewable energy projects, including photovoltaic farms with a capacity exceeding 200 megawatts-peak," WKB informed.

KGAL is an investment and asset manager, focusing on real estate, sustainable infrastructure, and aviation. Lasuno is a Polish project developer.

"KGAL has been active in Poland since 2019 because of the attractive framework conditions for renewable energy," KGAL Investment Management Managing Director Michael Ebner commented. "First, the potential returns in Poland are above average, and second, we can achieve a particularly large impact with our solar and wind power plants by replacing greenhouse gas emission-intensive electricity generation."

The WKB team included Partners Marta Midloch and Jakub Jedrzejak, Counsel Krzysztof Sikorski, and Attorney-at-Law Malgorzata Studniarek.

The BNT team was led by Partner Dominik Soltysiak and included Senior Associate Paulina Mielczarek and Associate Justyna Baszczeska.