Clifford Chance advises lenders on increased financing and Bank Pekao’s accession to a consortium financing wind farms in Banie and Iława

Global law firm Clifford Chance advised the lenders on Bank Pekao S.A.’s accession to the financing consortium and an increase in financing to PLN 830 million for companies operating wind farms in Banie (with a total installed capacity of approx. 106 MW) and Iława (with a total installed capacity of approx. 13.2 MW), belonging to the Energix group. The financing consortium also includes PKO Bank Polski S.A.

The transaction was handled by an international team of Clifford Chance lawyers from offices in Luxembourg and Warsaw. The team advising on the financing aspects related to Polish law included Michał Jadwisiak (Counsel) as head of the work, Andrzej Stosio (Partner) as partner supervising the work, and Marta Świderska (Associate). Paweł Puacz (Partner) and Marcin Markowski (Counsel) advised on project and regulatory aspects and led the due diligence. The team conducting the due diligence included Weronika Patzer, Kinga Grzelczak, Maciej Mróz, Grzegorz Serafin and Paweł Zawiślak.

Marc Mehlen (Partner), Aubry Kocian (Senior Associate) an