07 November 2024
press release
poland
Poland: Schoenherr advises Electrum Concreo on renewable energy financing deal
Schoenherr advised Electrum Concreo, a company focused on strategic renewable energy projects, in securing financing of up to PLN 400m with several banks through bilateral multi-product lines and a refinancing facility.
The firm supported Electrum Concreo in negotiating and preparing the financing documentation. The transaction, which is a significant milestone for the development of renewable energy projects in Poland and internationally, involved several banks: PKO Bank Polski, mBank, Bank Gospodarstwa Krajowego, Credit Agricole Bank Polska and Santander Bank Polska.
Owned by Electrum Holding, Electrum Concreo implements strategic projects in the area of renewable energy sources. The portfolio of projects completed so far includes, among others, the largest wind farm in Poland, large-scale photovoltaic projects and one of the largest renewable energy parks in Central and Eastern Europe and thus the first large-scale power plant combining solar and wind energy in Poland. Being part of the Electrum Group, the Polish Climate Tech business, it offers comprehensive solutions for the latest development, construction and project management technologies in the field of energy and information.
The Schoenherr team advising Electrum Concreo consisted of Ilona Fedurek (partner) and Piotr Bartoś (senior attorney at law).
Clyde & Co acted as legal counsel to the banks, while KPMG served as the financial advisor for Electrum Concreo.
further team members
press contact
Linda
Bräuer
Corporate Communications Manager
austria vienna