Dentons has advised Grupa Energetyki Odnawialnej Renewables (GEO Renewables) on the sale of shares in an SPV operating the Lubartow wind farm in Poland to IKEA, and on an exchange of shares in the Ilza, Jedrzychowice, and Zgorzelec wind farms in Poland with EDP Renewables. WKB Wiercinski, Kwiecinski, Baehr advised IKEA on the first deal, and DLA Piper advised EDP on the second. Both transactions were completed in March 2016.
In December 2014 Dentons advised GEO Renewables on its sale of shares in a joint venture owning and operating a wind farm in Wroblew to the IKEA Group (as reported by CEE Legal Matters on March 24, 2015). As in that earlier transaction, the Dentons’ team in the Lubartow deal was led by Counsel Agnieszka Kulinska supported by Associate Jan Dubinski, with both again supervised by Arkadiusz Krasnodebski, Poland Managing Partner and Head of the firm’s Energy practice in Poland and Europe.
The WKB team advising IKEA on its acquisition of the Lubartow Wind Farm consisted of Partners Jakub Jedrzejak and Maciej Szambelanczyk, Senior Associate Magdalena Piszewska, and Associate Krzysztof Sikorski.
DLA Piper did not respond to inquiries about its work for EDP Renewables in the second deal.
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