CMS has advised R.Power Renewables on the up to PLN 190 million financing by Powszechna Kasa Oszczednosci Bank Polski for the construction of a photovoltaic portfolio with a total capacity of about 59 megawatts. Dentons advised the bank.
R.Power is an independent solar power producer in Poland, expanding its operations into Romania, Italy, Portugal, Spain, and Germany.
PKO Bank Polski is one of the largest Polish banks and a joint stock company listed on the Warsaw Stock Exchange since 2004.
The CMS team included Partner Jakub Wieczorek, Senior Associate Konrad Leszko, and Associate Sebastian Lys.
The Dentons team included Warsaw-based Partners Tomasz Zwolinski and Christian Schnell and Senior Associates Mateusz Ciechomski and Jerzy Oppeln-Bronikowski as well as further team members in Amsterdam.
