International law firm Clifford Chance advised Vitol, the world’s largest independent trader of energy, on the acquisition of 100% of the share capital of Vortex Energy, one of the pioneers of the RES sector in Poland, from VH Invest. This is Vitol’s first major investment in renewable power in Europe.
Clifford Chance team advising on the acquisition was led by Paweł Puacz (Partner, Head of Energy and Resources) and also included Izabela Cybulska (Senior Associate), Nick Fletcher (Of Counsel), Krzysztof Regucki (Associate) and Arkadiusz Walkowicz (Associate). The due diligence was handled by Joanna Kamińska (Senior Associate), Adam Szyndler, Grzegorz Serafin, Joanna Kuźmińska, Agata Parys, Maria Janiak, Oliwia Hutnik, Weronika Patzer, Aleksandra Bartoszewicz, and Joanna Korycińska (Associates). Piotr Węcławowicz (Associate) and Aleksander Smakosz (Junior Associate) advised on the financing aspects of the transaction. Marta Michałek-Gervais (Senior Associate) and Kamila Hora (Junior Associate) advised on the anti-trust aspects of the transaction.