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White & Case has advised Octopus Renewables Infrastructure Trust on a conditional agreement to sell the Krzecin and Kuslin onshore wind farms in Poland to Orlen Wind 3 and refinance the existing indebtedness of the project companies.

The landscape of cross-border reorganisations in Poland has undergone significant changes with the amendments to the Code of Commercial Companies, effective as of 15 September 2023. The revisions introduce a pivotal element – the requirement for a certificate of compliance with Polish law for cross-border reorganisations.

White & Case has advised Poland's Bank Gospodarstwa Krajowego on its USD 1 billion issuance of five-year 6.25% bonds guaranteed by the State Treasury of the Republic of Poland, with the proceeds earmarked for the Armed Forces Support Fund. Linklaters advised the joint lead managers.

The recent amendments to the Code of Commercial Companies (CCC) introduced on September 15, 2023, have prompted a review of the Polish Tax Ordinance System Act, stemming from concerns raised by tax advisers regarding potential discrepancies in the tax laws that may lead to interpretational disputes between taxpayers and authorities.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

SSW Pragmatic Solutions has advised Orlen Poludnie on an EPC contract for the construction of an oil pressing plant in Ketrzyn, valued at approximately PLN 850 million. The contractor for the investment will be a consortium of companies including Polimex Mostostal and AB Industry.

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