Clifford Chance has advised a syndicate of banks including Santander Bank Polska, BNP Paribas Bank Polska, and PKO Bank Polski on the financing of a portfolio of 4 wind farm projects and 29 PV projects with a total capacity of 106 MW, belonging to Qair, an independent electricity producer. Dentons reportedly advised Qair on the PLN 479 million transaction.
Rymarz Zdort has advised Polish energy group PGE on its entrance into a joint venture with Danish energy concern Orsted, involving the development, construction, and operation of the Baltica-3 Wind Power Plant with a capacity of approximately 1 GW and the Baltica-2 Wind Power Plant with a capacity of approximately 1.5 GW. Allen & Overy advised Orsted on the deal.
On February 2, 2021, CEE Legal Matters reported that Greenberg Traurig had advised companies in the Marvipol group on the sale of residential and commercial units in three built-to-rent residential projects in Warsaw to Swedish company Heimstaden Bostad. CEEIHM spoke with Maria Brzozowska, Head of Legal Department at Marvipol Development, to learn more about the sale.
Wardynski & Partners, working with Freshfields Bruckhaus Deringer, is advising the Austrian group Mayr-Melnhof Karton on its acquisition of a paper mill in Kwidzyn, Poland, from International Paper for almost EUR 670 million and an additional EUR 33 million for payment of usufruct and operational leasing obligations. Closing is planned for the third quarter of 2021.