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DWF and Clifford Chance Advise on PGE and Orsted's Lease Agreement for Gdansk T5 Terminal

Poland
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DWF has advised PGE Polska Grupa Energetyczna and Orsted on a lease agreement with Istrana for the future T5 terminal in the Port of Gdansk. Clifford Chance Advised Istrana.

PGE is a state-owned public power company and the largest power-producing company in Poland. 

Orsted is a Danish multinational energy company headquartered in Fredericia. It is the largest energy company in Denmark. 

Istrana, based in Poland, operates in the support activities for the water transportation industry. It will be building the new terminal.

According to DWF, the T5 terminal will be "used for the storage, pre-assembly, and offshore installation of turbine components for the Baltica 2 project. The agreement will enable the construction of one of the most important and modern installation terminals in the Baltic Sea."

The DWF team included Local Partner Malgorzata Lesiak-Cwikowska, Counsel Lukasz Gorek, Junior Associate Marek Jazwinski, and Staff Lawyer Aleksander Kurpias.

The Clifford Chance team included Partner Daniel Kopania, Counsel Piotr Bogdanowicz, and Senior Associates Adrian Krol and Agata Parys.