Greenberg Traurig has advised Ze Pak and Pak-Polska Czysta Energia on their joint acquisition of two SPVs developing a wind power project from Goalscreen Holdings Limited. Dentons advised the seller.
Ze Pak is the largest private energy group in Poland.
Pak Polska Czysta Energia is a member of the Polsat Plus Group media and telecommunications company.
According to Greenberg Traurig, “as part of the investment, Ze Pak acquired 99% of the shares and Pak Polska Czysta Energia acquired 1%, with the conclusion of a document summarizing the rights of the future shareholders' agreement, which provides for the possibility of increasing the participation of Pak Polska Czysta Energia in the project. The project, with a planned total connected power of approximately 500 megawatts, will be built in the Opole province. It is the largest planned onshore wind farm complex in Poland to date.”
In 2023, Greenberg Traurig advised on a PLN 800 million financing for Polsat Plus wind farm (as reported by CEE Legal Matters on December 7, 2023) and, in 2022, it advised Polsat Group on its acquisition of Pak Polska Czysta Energia from the Neo Energy Group (as reported by CEE Legal Matters on September 19, 2022).
The Greenberg Traurig team included Partner Daniel Kaczorowski, Local Partner Paulina Kimla-Kaczorowska, Associates Marcin Gralewski, Michal Kuratowski, and Szymon Grudzien, and Junior Associate Justyna Kozik.
The Dentons team included Partners Marceli Kasperkiewicz and Christian Schnell, Senior Associate Katarzyna Kozak, and Associate Martyna Oziembala.
