Dentons advises Erste Bank and ING on refinancing the acquisition of a 42 MW solar power project in Poland

Dentons’ Banking and Finances practice team advised Erste Group Bank AG and ING Bank Śląski S.A. on refinancing a transaction to acquire solar energy projects in Poland with a total capacity of 42 MW, by a company belonging to a fund managed by Aberdeen Standard Investments.

The project was headed by Agnieszka Lipska, partner with the Banking and Finances practice team, with assistance from lawyers Łukasz Błaszczak, Jakub Walawski and Andrzej Sarnacki. The project aspects of the transaction were handled by Agnieszka Kulińska (partner), Lena Boczkaja (senior associate), Jan Dubiński (senior associate) and Filip Ruciński (associate) of the Energy and Natural Resources practice team.

“This is our fourth transaction where we assisted lenders in providing financing to entities controlled by a fund managed by Aberdeen Standard Investment. We are very glad to have had the opportunity to prove our skills by applying them to these prestigious projects, with aggregate capacity of 190 MW," said Agnieszka Lipska.

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