Aberdeen Standard Investments’ Acquisition Of 43 Photovoltaic Farms

Weil advised an infrastructure fund managed by Aberdeen Standard Investments (ASI) in its acquisition of 43 photovoltaic farms in Poland with an aggregate output of 42.37 MW from Sun Investment Group and E energija group.

Sun Investment Group (SIG), the Polish solar energy investment and development management company, and E energija Group, a strategic renewables investor, have sold their portfolio of solar energy plants in Poland with a total capacity of 42.37 MW to Aberdeen Standard Investments – a leading European asset management company with assets under management of EUR 650 billion.

Aberdeen Standard Investments has agreed to purchase this fully-developed project portfolio of 43 solar plants across Poland, which are worth approximately 1 MW each and have a CfD feed-in tariff of 15 years.

The Weil team was led by Marek Durski (Picture), head of the energy and infrastructure practice of the Warsaw office of Weil, and included Agnieszka Koniewicz, senior associate Jakub Krzemien and associates Adrian Augustyniak, Kacper Stanosz, Angelika Szufel and Aleksandra Kabac.

Involved fees earner: Adrian Augustyniak – Weil, Gotshal & Manges; Marek Durski – Weil, Gotshal & Manges; Aleksandra Kabac – Weil, Gotshal & Manges; Agnieszka Koniewicz – Weil, Gotshal & Manges; Jakub Krzemie? – Weil, Gotshal & Manges; Kacper Stanosz – Weil, Gotshal & Manges; Angelika Szufel – Weil, Gotshal & Manges;

Law Firms: Weil, Gotshal & Manges;

Clients: Aberdeen Standard Investments;