Octopus Renewables Infrastructure Trust plc’s Acquisition of Polish Onshore Wind Farms

In UK White & Case, advised on the matter.

White & Case advised Octopus Renewables Infrastructure Trust PLC with a team including Sandra Rafferty (Picture – Energy & Infrastructures).

Octopus Renewables Infrastructure Trust acquired two in-construction onshore wind farms in Poland from the PNE Group, a German developer of wind projects across Europe.

Construction of the ‘Krzecin’ wind farm in the north west of Poland and the ‘Kuslin’ wind farm in western Poland, with a combined capacity of 58.8 MW, commenced during Q4 2020 and these projects are expected to be commissioned in Q4 2021 and in mid-2022, respectively. The projects are financed by the European Bank for Reconstruction and Development and BayernLB. 

This is the second transaction on which White & Case has advised the entities managed by Octopus Renewables Infrastructure Trust in recent months in relation to the acquisition of a wind farms portfolio in Poland. 

The White & Case team which advised on the transaction was led by partners Sandra Rafferty (Picture – London) and Maciej Zalewski (Warsaw), and included partners Florian Degenhardt (Hamburg) and Murad Daghles (Düsseldorf), local partner Matthias Grigoleit (Hamburg), counsel Katarzyna Czwartosz-Liber (Warsaw) and associates Maciej Gac, Jakub Khier, Michal Perdjon, Radomir Szewczuk, Kinga Duszyk (all Warsaw), Martin Riederer (Hamburg) and Philipp Kynast (Düsseldorf).

Involved fees earner: Katarzyna Czwartosz – White & Case; Murad Daghles – White & Case; Florian Degenhardt – White & Case; Kinga Duszyk – White & Case; Maciej Gac – White & Case; Matthias Grigoleit – White & Case; Jakub Khier – White & Case; Philipp Kynast – White & Case; Maciej Zalewski – White & Case; Michał Perdjon – White & Case; Sandra Rafferty – White & Case; Martin Riederer – White & Case; Radomir Szewczuk – White & Case;

Law Firms: White & Case;

Clients: Octopus Renewables Infrastructure Trust PLC;

Author: Giulia Di Palma