News from BPCC Members

2022-01-19

Clifford Chance advised a consortium of banks

Clifford Chance advised a consortium of banks on the financing of acquisition of a portion of logistics assets and portion of bitumen business from Grupa Lotos by Unimot Investments

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2022-01-19

Savills strengthens Industrial Services Hub

Adam Majchrzak, an experienced logistics expert, has joined real estate advisory firm Savills as a director in its Industrial Agency.

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2022-01-17

CMS has advised MOL on the acquisition of a package of petrol stations from Grupa Lotos S.A.

The international law firm CMS has advised MOL on the acquisition of a package of petrol stations from Grupa Lotos S.A., the sale of a package of petrol stations in Hungary and Slovakia by MOL to PKN Orlen, and the acquisition of Lotos Biopaliwa by Rossi Biofuel Zrt

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2022-01-17

Dr Christian Schnell joins Dentons as Energy partner in Warsaw

Dr. Christian Schnell, a dual-qualified lawyer in Poland (radca prawny) and Germany (Rechtsanwalt), has joined Dentons as a partner in the Energy and Natural Resources practice.  Based in Warsaw, he will also practice in the Munich office. He joins together with his team, including Piotr Dziwniel (counsel), Olga Wasilewska (senior associate) and Ewa Gołąbek (associate).

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2022-01-14

Dentons advises PKO Bank Polski on financing of a 42.6 MW wind farm developed by VSB Group

Dentons advised PKO Bank Polski on a financing granted to VSB Group for the construction of an onshore Baranów–Rychtal wind farm in southern Poland, with a total capacity of 42.6 MW. Construction of the project – consisting of 11 wind turbines – started in November 2021. The turbines are scheduled to go online in 2023.

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2022-01-12

Responsible banking practices

Mazars study reveals banks set a long-term, ambitious strategy for sustainability, but governance and ESG reporting remain work in progress

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2022-01-12

Clifford Chance advises Santander Bank Polska and CaixaBank on the financing of a 36 MW wind farm portfolio for Elawan Energy

International law firm Clifford Chance advised Santander Bank Polska S.A. (acting as Facility Agent, Security Agent, Account Bank, Mandated Lead Arranger, Original Lender and Hedge Counterparty), CaixaBank, S.A., oddział w Polsce (acting as Mandated Lead Arranger and Original Lender) and CaixaBank, S.A. (as Hedge Counterparty) in connection with the execution of a PLN 152 million facilities agreement for the financing of a portfolio of 4 onshore wind farms with a total capacity of 36 MW, belonging to Elawan Energy, a global renewable energy company. The projects won the 2019 RES auction and will sign 15-year contracts for difference providing them with stable revenue streams.

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2022-01-10

The Green Blog - Remake, remodel - remanufacture?

11 January 2022

Toyota UK last week announced a scheme to take back used cars and put them through its factory to “add value to vehicles throughout their life cycles”. The scheme is intended mainly for the fleet market, where high mileages and over-supply have typically hurt resale prices.
 

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2022-01-10

Clifford Chance acts for Abener Energia in a dispute with Elektrociepłownia Stalowa Wola

Clifford Chance acted for Abener Energia, a company operating in the renewable energy sector and a subsidiary of Abengoa, in connection with the settlement concluded with Elektrociepłownia Stalowa Wola (ECSW). The settlement, under which ECSW undertook to pay Abener Energia EUR 92.8 million, regulates the settlement of accounts under a contract for the construction of a combined cycle gas and steam unit.

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