WKB Wiercinski Kwiecinski Baehr has advised European Energy on its sale of a wind farm portfolio to Enea Nowa Energia in a transaction valued at PLN 914.8 million. NGL Legal reportedly advised Enea Nowa Energia.
European Energy is a Danish renewable energy company that develops, finances, builds, and operates wind and solar farms.
Enea Nowa Energia, a subsidiary of the Polish energy group Enea, is responsible for investments in renewable energy sources and plays a role in expanding the group’s RES portfolio.
According to WKB, European Energy and Enea Nowa Energia concluded preliminary share purchase agreements for the sale of companies owning six operating wind farms with a total installed capacity of 83.5 megawatts, and an option to purchase a photovoltaic farm project with a capacity of 25 megawatts.
The WKB team included Partners Grzegorz Godlewski and Krzysztof Sikorski, Managing Associates Malgorzata Studniarek and Mateusz Krajewski, Associate Maciej Ziemann, and Junior Associate Karol Muszynski.