Clifford Chance advised ING Bank Śląski S.A. on the PLN 75.3 million financing the bank granted to Polenergia Dystrybucja sp. z o.o. for the implementation of its investment plan for 2021-2026. The company’s investment plan provides for the interconnection of over 90 new distribution areas, mainly housing estates, with the power grid. According to the plan, the company will have a base of approximately 80 thousand customers by 2026 and it will not only provide distribution services to them, but it will also sell electricity and provide a wide range of additional products and services.

The Clifford Chance team was supervised by Andrzej Stosio (Partner) and led by Michał Jadwisiak (Senior Associate). The team also included Piotr Węcławowicz (Associate) and Mateusz Ciechomski (Associate).