Wolf Theiss advises Longwing Polska on a loan agreement for the construction of the Zalesie Wind Farm in Poland

Wolf Theiss advised Longwing Polska on the financing of construction of the Zalesie Wind Farm with a capacity of 25 MW located in Warmińsko-Mazurskie Voivodship. The project will be financed by Bayerische Landesbank and a fund advised by EB – Sustainable Investment Management GmbH as mezzanine lender.

Wolf Theiss lawyers negotiated the complex documentation and prepared a due diligence analysis along with the detailed analysis of the legal and financing aspects of the project.

The Wolf Theiss team was managed by Przemek Kozdój, a Partner and the Head of the Banking and Finance practice in Poland, and  Konrad Kosicki, Counsel in the Projects practice of Wolf Theiss. The team was composed of experts from two practice groups and included Klaudia Dąbrowska, Associate in the Banking & Finance practice, Jan Gąsiorowski, also an Associate in Banking & Finance, Karolina Lewandowska, Associate in Projects and Sandra Mróz, an Associate in the Banking & Finance practice.

“We are very proud to have advised Longwing Polska on this transaction” said Przemek Kozdój. “We believe that by increasing the share of renewable energy in the Polish energy mix, we add our contribution to making our country a better place”.

“We are especially happy, since we have been advising on the development of the Zalesie wind farm since its inception” said Konrad Kosicki. “We are pleased to support Longwing with its future endeavours in Poland”.

Wolf Theiss is one of the leading law firms in CEE/SEE region with ever-growing experience in the field of renewable energy. The Projects team has a broad portfolio in the field of renewable energy projects in the market in this region. Recently we have advised on the following projects:

• advising Pacifico Energy Partners, a German renewables investor on the purchase of an up to 280 MW PV portfolio and the conclusion of multiple Development Agreements for the development of the portfolio;
• advising North Channel Bank GmbH & Co. KG on German law-governed facility documentation in connection with financing of wind farms in Poland. In addition to preparing negotiations and organising the closing of Polish law security, Wolf Theiss also advised on due diligence issues.