Lewandpol: Sale of Kleczew Solar & Wind Park to Energa Wytwarzanie
Deal News | Feb 24, 2025 | CEE Legal Matters
JDP advised Lewandpol on selling a 270-megawatt solar and wind power plant, Kleczew Solar & Wind Park, to Energa Wytwarzanie, part of Grupa Orlen. Taylor Wessing provided counsel to a FIZAN fund managed by Polski Fundusz Rozwoju, serving as a lender for the transaction, with Crido also advising Lewandpol. The Kleczew project is considered one of Central and Eastern Europe’s largest renewable energy initiatives and the first of its magnitude in Poland, capable of reaching up to 334 megawatts upon completion. The hybrid facility harnesses energy from photovoltaic panels and wind turbines. Notably involved legal teams include JDP (Partner Michal Drozdowicz and Associate Karol Brunejko) and Taylor Wessing (Partner Zbigniew Korba and Counsel Michal Kulig), along with advisory services from Bird & Bird, Crido, and Norton Rose Fulbright.
Sectors
- Renewable Energy
- Legal Advisory
- Financial Services
Geography
- Poland – The Kleczew Solar & Wind Park is located in Poland, marking it as a significant renewable energy project within the country.
- Central and Eastern Europe – The project is identified as one of the largest renewable energy initiatives in Central and Eastern Europe.
Industry
- Renewable Energy – The sale of Kleczew Solar & Wind Park pertains to the Renewable Energy sector, focusing on solar and wind power.
- Legal Advisory – Various legal advisors, such as JDP, Taylor Wessing, Bird & Bird, and Norton Rose Fulbright, played significant roles in facilitating the transaction.
- Financial Services – A FIZAN fund managed by Polski Fundusz Rozwoju and three additional lending banks were involved, indicating the financial services industry's role.
Financials
- 270 megawatts – The current capacity of the Kleczew Solar & Wind Park.
- 334 megawatts – The planned final capacity of the Kleczew Solar & Wind Park.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lewandpol | Vendor | Company | Seller of the Kleczew Solar & Wind Park. |
| Energa Wytwarzanie | Buyer | Company | Buyer of the Kleczew Solar & Wind Park, belonging to Grupa Orlen. |
| Grupa Orlen | Parent Company | Company | The parent company of Energa Wytwarzanie. |
| JDP | Legal Advisor | Company | Legal advisor to Lewandpol for the transaction. |
| Taylor Wessing | Legal Advisor | Company | Advised a FIZAN fund managed by Polski Fundusz Rozwoju as a lender. |
| Bird & Bird | Legal Advisor | Company | Reportedly advised the buyers. |
| Norton Rose Fulbright | Legal Advisor | Company | Reportedly advised three additional lending banks involved in the transaction. |
| Crido | Advisor | Company | Reportedly advised Lewandpol along with JDP. |
| Polski Fundusz Rozwoju | Lender | Company | Involved through a FIZAN fund as a lender in the transaction. |