B2RLaw advises on the acquisition of a portfolio of photovoltaic power plants in Poland

B2RLaw has advised the Chinese buyer on the acquisition of a portfolio of photovoltaic power plants with a total capacity of 51 MW from SINO-CEEF.

The total power generation of these projects is expected to reach 50 GWh per year, which meets the electricity demand of more than 9,000 households in Poland and reduces nearly 50,000 tons of carbon dioxide emissions annually, in line with the renewable energy development goals of both Poland and the European Union. The projects have created 300 local job opportunities.

B2RLaw’s team was led by Partners Agnieszka Hajos-Iwanska (M&A) and Bogdan Duda (M&A/Energy); and included Counsels Filip Badziak (Finance), Luiza Wyrębkowska (Anti-Monopoly), Piotr Leonarski (Tax) and Paulina Wyrostek (Commercial Law); Senior Associate Krystyna Jakubowska (M&A/Insurance), Associate Ewelina Chabowska (Real Estate), Junior Associates Dorota Gajuk (M&A), Michał Blados, Konrad Czernecki; and Paralegal Julia Bujkowska (all Real Estate).

As Polish counsel, B2RLaw worked alongside Asian international law firm King & Wood Mallesons to cover all legal aspects of the transaction.