DLA Piper advises EDPR Renewables Polska on the sale of stake in renewable energy portfolio to ORLEN

DLA Piper has advised EDP Renewables Polska on the sale of a renewable energy portfolio comprising of two photovoltaic farms with a total capacity of 280 MWp and a wind farm hosting 13 turbines with a total capacity of 26 MW to the ORLEN Group in a transaction worth PLN1.15 billion. The two photovoltaic farms are in the province of Zielona Góra while the wind farm is in the province of Łódź.

The acquisition will allow the Orlen Group to increase its renewable energy sources (RES) portfolio by over 300 MWp, which corresponds to an almost 30% increase in its generating capacity.

EDP Renewables Polska is the Polish subsidiary of EDP Renewables (EDP Renováveis S.A.), a global leader in the renewable energy sector and the fourth largest wind energy producer in the world. EDP Renewables Polska is one of the pioneers in the RES sector in Poland. Its portfolio includes wind, solar and storage projects, as well as hybrid projects combining all these technologies.

ORLEN is an integrated, multi-utility corporation primarily active in Central Europe. It supplies energy and fuel to over 100 million residents, and our advanced products are sold in over 100 countries across six continents.

A team from DLA Piper’s Warsaw office worked on this significant transaction and was led by Jacek Gizinski, Country Managing Partner, DLA Piper Poland, and Klaudia Lorent, Counsel in the Corporate practice. They were supported by Partner Oskar Waluśkiewicz (Lit&Reg), Senior Associates Dawid Krakowiak, Szymon Sakowski, and Piotr Gałązk, Counsel Mateusz Koszel, Dominika Wolf-Jezierska, Aleksander Haleniuk, Associates Sylwia Chrostowska, Bartłomiej Ślemp, Michał Giżewski and Paweł Szostek. The team also comprised of junior associates Michal Bobryk, Monika Dmochowska, Weronika Kulpa, Paulina Harhaj, and Karol Wasyluk, trainees Michalina Wodzińska, Kinga Liszka, Kacper Miller, Karolina Kosieradzka, and paralegal Marcelina Dembińska.