International law firm CMS has advised mBank S.A. on a loan to Green On Energy, a company from the PROFBUD group, which was granted to finance a wind farm in central Poland. Green energy will primarily be supplied to flats and offices built by PROFBUD.

The wind farm, located in the Radom district, will provide electricity for nearly 16,000 four-person households or 28,000 two-person households. The energy produced will significantly reduce the operating costs of the buildings, while also producing far lower amounts of CO2.

As part of its long-term environmental strategy, PROFBUD is planning further investments, including the construction of a photovoltaic installation and a warehouse for electricity produced from RES.

The work of the Banking and Finance practice, which was led by Sebastian Łyś (associate) with support from Bartosz Potrykus (lawyer), was supervised by partner Jakub Wieczorek.

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  • CMS

    Founded in 1999, CMS is an integrated, multi-jurisdictional organisation of law firms that offers full-service legal and tax advice. With 81 offices in 45 countries across the world and more than 5,000 lawyers, CMS has long-standing expertise both in advising in its local jurisdictions and across borders. From major multinationals and mid-caps to enterprising start-ups, CMS provides the technical rigour, strategic excellence and long-term partnership to keep each client ahead in its chosen markets. The CMS member firms provide a wide range of expertise across 19 practice areas and sectors, including Corporate / M&A, Energy & Climate Change, Funds, Life Sciences & Healthcare, TMC, Tax, Banking & Finance, Commercial, Antitrust, Competition & Trade, Dispute Resolution, Employment & Pensions, Intellectual Property and Real Estate. For more information, please visit cms.law

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