Orrick has advised Infracapital, the infrastructure investment arm of M&G Investments, in its joint venture with Nokia, to build, own, and operate a fiber optic broadband network across Poland. DZP advised Infracapital on Polish law matters, while Baker McKenzie advised the joint venture and Nokia.
The joint venture has been appointed by the Polish government as its preferred bidder to build, own, and operate a large fibre broadband network in 13 regions in Central and Northern Poland. Construction is expected to begin this year with capital expenditure estimated at EUR 300 million.
The project is part of the EU-backed “Digital Poland” program which aims to deploy high-speed fiber optic broadband across the country by 2020.
Infracapital is the European infrastructure equity arm of M&G Limited, Prudential Plc's European investment management division.
The Orrick team advising Infracapital was led by Corporate Partner Jinal Shah and Energy & Infrastructure Partner John Deacon and included Henry Storrar, Matthew Stott, Alex Sobolev, Douglas Lahnborg and Matthew Rose.
The DZP team consisted of Partners Bartosz Marcinkowski and Tomasz Darowski, Senior Associates Maciej Ciszkiewicz and Jerzy Sawicki, and Associate Agata Izyk.
The Baker McKenzie team was led by Partner Tomasz Krzyzowski and Associate Marta Fredrych.