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CMS Advises SINO-CEEF on Acquisition of 88.4-Megawatt Operational PV Portfolio from from Alternus

CMS Advises SINO-CEEF on Acquisition of 88.4-Megawatt Operational PV Portfolio from from Alternus

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CMS has advised a SINO-CEEF group company on the acquisition of 25 operational photovoltaic power plants in Poland from the Alternus Energy Group. Soltysinski Kawecki & Szlezak reportedly advised the seller.

With a total capacity of 88.4 megawatts, the assets include one of the largest PV power plants in Poland, located in Witnica, CMS reported. "The transaction was structured as a conditional sale of the project companies, with the preliminary agreement signed in December 2023" and closed on January 19, 2024.

SINO-CEEF Europe GmbH is an investment company based in Munich, Germany.

The CMS team was led by Partners Lukasz Szatkowski and Rafal Zwierz and included Counsel Maciej Ziolkowski, Senior Associate Adam Kedziora, Attorney at Law Monika Szczotkowska, Lawyers Marta Tarkowska, Malgorzata Popiel, Karolina Tatomir, Karolina Kosinska, and Damian Gierasimczuk, and Associates Alicja Smyklinska, Kinga Mogilnicka, and Krzysztof Schulz with further lawyers from the firm's Luxembourg office.

Editor's Note: After this article was published, Soltysinski Kawecki & Szlezak confirmed it had advised the Alternus Energy Group on the sale. The firm's team included Partner Krzysztof Cichocki, Senior Counsel Witold Kurek, and Associate Julia Balkowiec-Iskra.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

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