Dentons has advised AP Pension on the financing of Better Energy’s portfolio of five solar parks across Poland with a combined annual production capacity of 237 megawatts.
AP Pension is one of Denmark’s largest pension funds. Better Energy is a renewable energy company.
According to Dentons, “the EUR 65 million loan will fund one of the largest investments in green energy in Poland."
The solar parks in Polanow, Postomino, Nidzica, Helenowo, and Krapkowice are complete, with the majority grid-connected. According to Dentons, “the expected annual production capacity from the parks has the potential to generate enough electricity for 120,000 Polish households while reducing emissions by 186,000 tons of CO2.”
The Dentons team included Partner Piotr Nerwinski, Managing Counsel Zbigniew Stasiak, and Associate Katarzyna Kaptur.
Dentons did not respond to our inquiry on the matter.
Editor’s Note: After this article was published, SSW Pragmatic Solutions announced it had advised Better Energy Impact International on the deal. The firm’s team included Partners Ilona Fedurek and Grzegorz Filipowicz, Senior Managing Associate Pawel Michalek, Senior Associate Julia Wysocka, and Associate Filip Grabowski.