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DWF Advises Augusta Energy on Sale of Polish Wind Farms

DWF Advises Augusta Energy on Sale of Polish Wind Farms

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DWF has advised Augusta Energy on the finalization of its sale of two wind farms with a total capacity of 50 megawatts to Iberdrola.

Augusta Energy is a joint venture between KGAL, a German asset management company, and the V-Ridium Power Group, a subsidiary of GreenVolt Energias Renovaveis.

According to DWF, "both projects are currently under construction and are part of a 15-year power purchase agreement with T-Mobile Polska. The projects are expected to be commissioned in the second half of 2023."

This transaction was part of a broader package announced a year earlier, which also included six solar plants totaling 48 megawatts (as reported by CEE Legal Matters on August 8, 2022).

The DWF team included Partners Karol Lasocki and Rafal Wozniak, Counsel Agnieszka Chylinska, Associates Mateusz Bak and Patrycja Figula, and Junior Associate Daniel Szkurlat.