Linklaters advises Iberdrola on the acquisition of wind and solar projects in Poland
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.
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.
