Norton Rose Fulbright has advised PKO Bank Polski and Bank Millennium on the PLN 262 million financing construction of two neighbouring photovoltaic installations with a combined capacity of up to 100-megawatt-peak, located in Grabno, Poland. Clifford Chance advised sponsor Afcon Renewable Energy.
Afcon Renewable Energy, a subsidiary of Afcon Holdings, was established in 2020 and focuses on the development, financing, construction, management, and operation of renewable energy projects.
According to Norton Rose, the portfolio will consist of approximately 162,000 photovoltaic panels and 286 inverters connected to the high-voltage grid.
The Norton Rose team included Partner Tomasz Rogalski, Counsels Cezary Zawiwslak and Krzysztof Gorzelak, Associates Karolina Lepakiewicz, Jakub Wiatrzyk, Mateusz Czuba, Bartosz Odziemkowski, Martyna Orlowska, Aleksandra Szostak, and Damian Pawlak, and Lawyers Antoni Krzyzanowski, Nina Strzelczyk, Mikolaj Wolczynski, Natalia Rybak, and Antoni Krzyzanowski.
The Clifford Chance team included Partners Irena Floras-Goode and Andrzej Stosio, Senior Associates Aleksandra Bialyszewska, Agnieszka Kozikowska, Anna Pawlowska, and Artur Gladysz, Associates Natalia Zan and Maciej Kujawa, and Trainee Aleksandra Korniluk.
