PKO Bank Polski Backs PVE Group's Renewable Energy Portfolio with Major Financing
Deal News | Jun 05, 2025 | CEE Legal Matters
Norton Rose Fulbright has advised PKO Bank Polski, the largest universal bank in Poland, on financing a project portfolio managed by PVE Group. The project, with a capacity of 54 megawatt-peak, focuses on photovoltaic energy and represents a strategic shift for PVE Group towards becoming an independent power producer. The construction of these projects is undertaken by PVE Construction, a part of the PVE Group. This financing endeavor underscores PKO Bank Polski's commitment to supporting renewable energy developments, a significant trend in the energy sector. Norton Rose Fulbright's extensive legal team was led by Partner Tomasz Rogalski and included several other seasoned legal professionals.
Sectors
- Renewable Energy
- Banking and Finance
- Legal Advisory
Geography
- Poland – The entire transaction and the project portfolio are based in Poland, illustrating the country's commitment to renewable energy.
Industry
- Renewable Energy – The article discusses the financing of photovoltaic projects, highlighting the growing importance of the renewable energy sector.
- Banking and Finance – PKO Bank Polski's involvement in financing the projects highlights the role of the banking sector in supporting energy infrastructure development.
- Legal Advisory – Norton Rose Fulbright's role as a legal advisor in this significant financing transaction showcases the importance of legal expertise in financial deals.
Financials
- 54 MW – The capacity of the photovoltaic projects being financed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PKO Bank Polski | Financier | Company | Poland's largest universal bank, involved in providing financing for the renewable energy project. |
| PVE Group | Target | Company | A renewable energy developer in Poland transition into an independent power producer. |
| Norton Rose Fulbright | Legal Advisor | Company | An international law firm advising PKO Bank Polski on the financing transaction. |
| Tomasz Rogalski | Partner | People | Partner at Norton Rose Fulbright, leading the legal advisory team for this transaction. |
| PVE Construction | Constructor | Company | A company within PVE Group responsible for constructing the photovoltaic projects. |