Construction financing for a 40 MW wind farm, supported by OX2, is advised by PKO Bank Polski on our site.
In a significant stride towards increasing the share of renewable energy in Poland, global law firm X has advised PKO Bank Polski on a EUR 90 million financing for the Annopol I onshore wind farm project. This project, located in the Goscięradów municipality, Lubelskie Voivodship, will have a total capacity of 40 MW.
The Annopol I wind farm project represents an important step in Poland's energy transition, a journey that OX2, an international, independent power producer, has been accelerating since 2004. OX2 specializes in onshore and offshore wind, solar PV, and energy storage, offering end-to-end solutions from planning and construction to sale and operation.
The legal aspects of the financing deal were handled by a multidisciplinary team from law firm X, working under the supervision of energy and project finance partner Tomasz Rogalski. Partner Arturo Sferruzza, senior associate Igor Kondratowicz-Laderski, and lawyer Regan Eastwood from the Milan office advised on English law aspects. Counsel Krzysztof Gorzelak and lawyer Antoni Krzyżanowski advised on the hedging aspects, while the legal due diligence workstream was led by counsel Cezary Zawiślak and included associate Martyna Orłowska, lawyer Nina Strzelczyk, and lawyers Mikołaj Rydzewski.
Tomasz Rogalski led the finance workstream and was assisted by partner Karolina Lepakiewicz, associate Karolina Lepakiewicz, lawyer Antoni Krzyżanowski, and associate Jakub Wiatrzyk. From Kromann Reumert, partner Kumaran Thavarajah and associate Markus Ulrik Leding provided Danish law advice.
The successful completion of the Annopol I wind farm project demonstrates the effectiveness of close cooperation between banks, sponsors, and legal advisors in making ambitious renewable energy investments a reality. OX2's operations span nine markets, contributing to a more sustainable society.
For further information regarding OX2's business development, Dominika Karaś can be contacted at the provided phone number. The lawyer involved in the hedging work for the financing deal of the Annopol I Onshore Wind Farm development in Poland has not been publicly disclosed.
The Annopol I wind farm project involved various financing facilities and a complex, multi-jurisdictional structure. This successful investment is one of OX2's renewable energy investments, marking another milestone in the company's mission to accelerate the energy transition and promote sustainable development.
