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Clifford Chance has advised PAD RES on a PLN 240 million financing agreement with the Polish Development Fund for the construction of two photovoltaic farms with a total capacity of 117 megawatts in northern Poland. Wardynski & Partners advised the PDF.

SSW Pragmatic Solutions has advised the Lerg Group on the acquisition of a 76% stake in WeButex Kunststoffbearbeitung. Reportedly, Germany-based Goerg advised the Lerg Group as well, while Ferox Legal advised the sellers.

On September 11, 2023, Deloitte Legal announced that Stock Spirits' acquisition of Polmos Bielsko-Biala (reported by CEE Legal Matters on August 2, 2022) had closed at the end of August, when the Stock Spirits group – through its Polish subsidiary Stock Polska – took control over Polmos Bielsko-Biala.

Wardynski & Partners, working with Goodwin Procter, has advised TA Associates and Warburg Pincus on their acquisition of a majority stake in the Epassi Group from Bregal Milestone. Vinge and Krogerus advised TA Associates on Swedish and Finnish matters, respectively.

Wolf Theiss has advised Latvian private equity fund INVL Baltic Sea Growth Fund and its portfolio company Eco Baltia on the acquisition of a 70% stake in Polish PVC recycler Metal-Plast. Ozog Tomczykowski advised the target's shareholders on the sale. Sorainen reportedly advised INVL and Eco Baltia as well.

Gift cards have become more and more popular. They are bought as presents and some shops have a return policy where items bought physically can be exchanged only for a gift card of the equivalent amount. Are gift cards therefore to be regarded as money in Poland? If so, are the issuers required to obtain authorisation as a payment or electronic money institution?

Allen & Overy has advised MS Galleon on its EUR 440 million investment loan facility from Bank Gospodarstwa Krajowego and the related Barlinek company on a EUR 100 million general loan facility provided by BGK, Bank Pekao, and PKO Bank Polski. Norton Rose Fulbright reportedly advised the banks.

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