Bird & Bird advises Energa on purchasing an SPV developing new hybrid renewable sources

The transaction was led by Rafał Dziedzic (Partner, Corporate & M&A) assisted by Mariya Borsuk (Senior Associate, Corporate and M&A).

Grzegorz Pizoń (Partner, Energy & Utilities), Sara Radzicka-Tolwaj (Senior Associate, Energy & Utilities), Wojciech Korga (Senior Associate, Energy & Utilities), Sandra Sekuła-Barańska (Counsel, ESG & Environmental Protection) and Michał Szczepanowski (Junior Associate, ESG and Environmental Protection) advised on administrative, regulatory and contractual aspects of the transaction and the legal due diligence of the projects. The Corporate and M&A Team was assisted by the Energy & Utilities team, who advised on regulatory aspects of the RES transaction.

The transaction team was also supported by Maciej Georg (Partner, Financing Transactions), Krzysztof Wisniewski (Senior Associate, Financing Transactions) and Marcin Alberski (Senior Associate, Competition).

Rafał Dziedzic, partner in the Corporate and M&A practice, commented: “We are delighted that the client trusted our many years of experience in advising on RES projects. This is the second acquisition we have advised Energa on in recent months.”

Grzegorz Pizoń, partner in the Energy & Utilities practice, remarked: “Congratulations to both Parties and the other advisors on the smooth execution of one of the largest M&A transactions in the RES sector in recent years. The impressive scale of the project (in terms of its capacity) and the complex nature of the portfolio add to the significance of the success.”

Maciej Georg, partner in the Financing Transactions practice responsible for the relations with the ORLEN capital group on behalf of Bird & Bird, added: “I believe that this successful transaction conducted so smoothly on the Polish RES market is a milestone in the history of our cooperation with Energa.”