Clifford Chance advised DNB Bank Polska S.A. and the European Bank for Reconstruction and Development in connection with the loan facilities they granted to a joint-venture company controlled by Taaleri SolarWind II and Masdar (Abu Dhabi Future Energy Company). The proceeds of the facility will be used to finance the costs of acquisition, development and construction of the Mława and Grajewo wind farms acquired from Solaque Holding Ltd. and Wind Power Systems A/S (Vestas).
The construction of the Mława and Grajewo wind farms started in June 2020. Ultimately, there will be 24 turbines with a total capacity of 51.4 MW, generating approx. 192 GWh of electricity per year.
The legal advice for the transaction was coordinated by Michał Jadwisiak (Senior Associate), with partners Jared Grubb and Andrzej Stosio supervising the transaction. The Clifford Chance team also included Paweł Puacz (Counsel) and associates Piotr Węcławowicz, Adrian Król, Mateusz Ciechomski, Dominika Wróblewska, and Natalia Karasiewicz.
