Global law firm White & Case LLP has advised Octopus Renewables Infrastructure Trust plc on the acquisition of two in-construction onshore wind farms in Poland from the PNE Group, a German developer of wind projects across Europe.
Construction of the 'Krzecin' wind farm in the north west of Poland and the 'Kuslin' wind farm in western Poland, with a combined capacity of 58.8 MW, commenced during Q4 2020 and these projects are expected to be commissioned in Q4 2021 and in mid-2022, respectively. The projects are financed by the European Bank for Reconstruction and Development and BayernLB.
This is the second transaction on which White & Case has advised the entities managed by Octopus Renewables Infrastructure Trust in recent months in relation to the acquisition of a wind farms portfolio in Poland.
The White & Case team which advised on the transaction was led by partners Sandra Rafferty (London) and Maciej Zalewski (Warsaw), and included partners Florian Degenhardt (Hamburg) and Murad Daghles (Düsseldorf), local partner Matthias Grigoleit (Hamburg), counsel Katarzyna Czwartosz-Liber (Warsaw) and associates Maciej Gac, Jakub Khier, Michał Perdjon, Radomir Szewczuk, Kinga Duszyk (all Warsaw), Martin Riederer (Hamburg) and Philipp Kynast (Düsseldorf).
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