Dentons has advised mBank on its PLN 199 million facility agreement with Enwind to refinance the existing Gluchow I wind farm and finance construction of the new Gluchow II wind farm, with a combined capacity of 40 megawatts. Clifford Chance reportedly advised Enwind.
According to Dentons, the financing is secured by a 15-year power purchase agreement (PPA) signed with Respect Energy as the off-taker.
Enwind is a project company belonging to the TotalEnergies Group.
The Dentons team included Partners Piotr Nerwinski and Christian Schnell, Counsels Justyna Jamrozy and Pawel Dlugoborski, Senior Associate Jerzy Oppeln-Bronikowski, and Associates Malgorzata Czarnecka and Katarzyna Kaptur.
Editor's Note: After this article was published, Clifford Chance confirmed it had advised Enwind. The firm's team included Partner Pawel Puacz, Counsel Michal Jadwisiak, Senior Associates Oliwia Hutnik and Adrian Krol, and Associate Joanna Korycinska.