Linklaters has advised Iberdrola, a world leader in renewable energy, on the acquisition of 98 megawatts (MW) of wind and solar projects in Poland. The seller is Augusta Energy, a joint venture between GreenVolt subsidiary, V-ridium Power Group and KGAL.
The transaction comprises two wind farms with a combined capacity of 50 MW and six solar plants totalling 48 MW. All projects are currently under construction and are part of a 15-year power purchase agreement entered with T-Mobile Polska. The projects are expected to be commissioned in 2023.
Completion of the transaction is subject to customary conditions precedent.
The transaction was led by Jakub Dąbrowski (managing associate) and Michał Maruszak (senior associate), supported by Adrianna Sołtysiak (junior associate) from Warsaw energy and infrastructure practice. The corporate advisory was provided by Marcin Schulz (partner) and Łukasz Czerepak (associate). Patryk Figiel (partner) supervised the transaction.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
