Dentons advises Qair on refinancing of the acquisition of Rzepin and Linowo

Dentons’ Banking and Finances practice team advised Qair SAS, Qair International and Qair Polska Sp.z o.o. in connection with refinancing of two wind farms under operation, Rzepin (58 MW) and Linowo (48 MW). The financing institutions are BNP Paribas and EBRD.

The two wind farms are part of Qair’s larger portfolio of almost 200 MW of renewable energy sources, which also includes 93 MW of new capacity from three wind farms – Udanin (50 MW), Parzeczew (9 MW) and Września (9 MW) – and 25 MW of solar photovoltaic.

The project was supervised by Mateusz Toczyski, Head of European and Co-Head of Global Banking and Finance practice, and led by Tomasz Zwoliński, counsel, with assistance from lawyers Klaudia Szymańska-Rutkowska, Katarzyna Mazur, Katarzyna Kaptur and Jakub Walawski. Supporting the Warsaw team was counsel Surbhi Malhotra-Trenkel from the Munich office and Dentons’ team in Paris: partners Jean-Marc Allix and Olivier Genevois, and associates Djésia Meziani, Philippine de Fouchier and Hugo Casasnovas. Dentons’ London team consisting of partner Matthew Sapte and associate Annreika Ray advised on the hedging documentation.

“We are very pleased and honored to have had this opportunity to assist Qair in yet another wind power project the company has undertaken in Poland,” said Mateusz Toczyski. “We would like to congratulate Qair on this financing and to wish every success with further developments and investments in Poland and elsewhere in the world,” added Tomasz Zwoliński.