DWF advised PAD RES on the deal, also Clifford Chance and Rymarz Zdort advised the joint venture.
PAD RES sold the majority of their shares and established a joint venture with Kajima Europe and Griffin Real Estate.
The transaction involved the sale of the majority shareholding in PAD RES, a leading developer in the clean energy asset space in Poland, to Kajima Europe and Griffin Real Estate, and the conclusion of a shareholders’ agreement. The joint venture aims to create a portfolio of energy projects with a total capacity of over 500 MW and to finance and develop renewable energy investments located in Poland.
The scope of DWF advisory included support in reorganising the group and negotiating an investment agreement. The project was supervised by Dr Rafal Wozniak (Picture – Local Partner, Corporate and M&A Department)The DWF team also included Krzysztof Jagiello (Senior Associate) and Patrycja Figula (Junior Associate).
Clifford Chance’s team included Partner Wojciech Polz, Counsel Pawel Puacz, Of Counsel Nick Fletcher, Senior Associates Kamil Sarnecki, Michal Przybysz, and Karol Kulhawik, Associate Aleksandra Wlaszczuk, and Junior Associate Zuzanna Potoczna.
Rymarz Zdort’s team working on the deal was led by Managing Partner Pawel Zdort and included Counsel Jakub Krzemien and Associate Malgorzata Derus.
Involved fees earner: Nick Fletcher – Clifford Chance; Karol Kulhawik – Clifford Chance; Wojciech Polz – Clifford Chance; Zuzanna Potoczna – Clifford Chance; Micha? Przybysz – Clifford Chance; Pawel Puacz – Clifford Chance; Kamil Sarnecki – Clifford Chance; Aleksandra W?aszczuk – Clifford Chance; Patrycja Figula – DWF; Krzysztof Jagiello – DWF; Rafa? Wo?niak – DWF; Ma?gorzata Derus – Rymarz Zdort; Jakub Krzemien – Rymarz Zdort; Pawel Zdort – Rymarz Zdort;
Clients: PAD RES;