Clifford Chance has advised Nord/LB as the lender on the financing of OX2’s 100-megawatt Rutki Solar Farm in southwestern Poland. Allen & Overy Shearman Sterling reportedly advised OX2.
According to Clifford Chance, the solar farm is expected to produce about 108 gigawatt-hours of electricity annually, meeting the power needs of around 22,000 households. Rutki also benefits from a 15-year contract-for-difference with Poland’s Energy Regulatory Office covering approximately half of its projected output.
The Clifford Chance team included Partners Andrzej Stosio and Pawel Puacz, Counsel Kacper Bardan, Aleksandra Rudzinska, and Tomasz Szymura, Senior Associates Artur Gladysz and Pawel Zawislak, and Associates Oskar Ratajczak, Natalia Karasiewicz, Maciej Mroz, and Kinga Grzelczak.
