Volta Polska Secures Financing for 17MW PV Plants with mBank Support
Deal News | Jan 14, 2025 | CEE Legal Matters
Norton Rose Fulbright, a leading international law firm, has successfully advised mBank on the financing of two photovoltaic (PV) installations in Poland, totaling 17 megawatts. The financing is intended for Volta Polska, an independent renewable energy producer focused on the development, financing, construction, and operation of PV plants. The legal team assisting mBank was composed of Partner Tomasz Rogalski, Senior Associate Igor Kondratowicz, Associates Karolina Lepakiewicz and Daniel Ksiazek, as well as Legal Intern Antoni Krzyzanowski and Trainee Bartosz Odziemkowski, with Paralegal support from Mikolaj Wolczynski. Meanwhile, Volta Polska received legal counsel from Rymarz Zdort Maruta, involving Partner Jakub Rachwol, Senior Associate Adrian Wieslaw, and Associate Engjell Sokoli. This collaboration underscores the growing activity and investment in the renewable energy sector within Poland.
Sectors
- Renewable Energy
- Legal Services
- Banking
Geography
- Poland – The financing and development of the PV plants are taking place in Poland, involving companies operating within the Polish renewable energy market.
Industry
- Renewable Energy – The article focuses on the financing and development of photovoltaic plants by Volta Polska, emphasizing advancements in renewable energy.
- Legal Services – Both Norton Rose Fulbright and Rymarz Zdort Maruta are law firms providing advisory services for the financing deal.
- Banking – mBank, as a banking institution, is pivotal in financing the renewable energy projects described in the article.
Financials
- 17 megawatts – The total capacity of the PV installations being financed by mBank for Volta Polska.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Volta Polska | Target | Company | An independent renewable energy producer focused on developing, financing, constructing, and operating PV plants. |
| mBank | Bidding Company/Buyer | Company | The financial institution providing funding for Volta Polska's PV plant development. |
| Norton Rose Fulbright | Legal Advisor | Company | An international law firm advising mBank on the financing deal. |
| Rymarz Zdort Maruta | Legal Advisor | Company | A law firm providing legal counsel to Volta Polska on the financing arrangement. |