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.
