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Norton Rose Fulbright and Greenberg Traurig Advise on PLN 800 Million Financing for Polsat Plus Wind Farm

Norton Rose Fulbright and Greenberg Traurig Advise on PLN 800 Million Financing for Polsat Plus Wind Farm

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Norton Rose Fulbright has advised a consortium including PKO Bank Polski, Bank Gospodarstwa Krajowego, mBank, and Santander Bank Polska on their PLN 800 million financing for the construction of a 72.6-megawatt wind farm. Greenberg Traurig advised the project's sponsor, the Polsat Plus Group.

The wind farm is located in Gledowo, Brzezno, Skarszewo, and Jeczniki Wielkie, Czluchow Commune, in the Pomorskie Voivodeship in Poland.

According to Norton Rose, the facilities agreement provides for the granting of a zloty term facility up to a maximum amount of PLN 656 million, a revolving facility up to a maximum amount of PLN 44 million, and a revolving VAT loan up to a maximum amount of PLN 100 million.

The Norton Rose team included Partner Tomasz Rogalski, Counsel Krzysztof Gorzelak, Senior Associates Igor Kondratowicz, Cezary Zawislak, and Patrycja Pakla, Associates Daniel Ksiazek, Paula Stepien, Magdalena Olechniewicz-Blocher, Karol Truszkowski, and Cezary Zientecki, and Lawyers Wiktoria Sulkowska, Mikolaj Wolczynski, Martyna Sadowy, Bartosz Odziemkowski, and Martyna Orlowska.

The Greenberg Traurig team included Local Partner Paulina Kimla-Kaczorowska, Associates Katarzyna Goljan, Wiktor Zien, Marcin Gralewski, and Angelika Makar, Junior Associates Szymon Grudzien, Natalia Potrubacz, Weronika Kopec, and Justyna Kozik, and Compliance Officer Joanna Bojko.