Schoenherr has advised Electrum Concreo on up to PLN 400 million financing via bilateral multi-product lines and a refinancing facility from PKO Bank Polski, mBank, Bank Gospodarstwa Krajowego, Credit Agricole Bank Polska, and Santander Bank Polska. Clyde & Co advised the banks.
Electrum Concreo focuses on renewable energy projects development. According to Schoenherr, their portfolio of projects completed so far “includes, among others, the largest wind farm in Poland, large-scale photovoltaic projects and one of the largest renewable energy parks in Central and Eastern Europe and thus the first large-scale power plant combining solar and wind energy in Poland. Being part of the Electrum Group, the Polish Climate Tech business, it offers comprehensive solutions for the latest development, construction, and project management technologies in the field of energy and information.”
The Schoenherr team included Partner Ilona Fedurek and Senior Attorney at Law Piotr Bartos.
The Clyde & Co team included Counsel Michal Kalicki, Associate Marcin Lorenc, and Junior Associate Ryszard Rutkowski.
