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.

The Clifford Chance team which advised on the transaction, supervised by Andrzej Stosio (Partner, Banking & Finance) and Paweł Puacz (Counsel, Energy & Environment Group), was led by Mateusz Chmura (Senior Associate, Banking & Finance) and Marcin Markowski (Senior Associate, Energy & Environment Group) and supported by Aleksandra Białyszewska (Associate, Banking & Finance), Aleksandra Bartoszewicz (Junior Associate, Energy & Environment Group) and Adam Aniołkowski (Junior Associate, Banking & Finance).