CMS advised Macquarie’s Green Investment Group on the deal.
The transaction involved a 10-year physical corporate Power Purchase Agreement (PPA) with the Danone companies in Poland and separately on a route to market physical PPA with Axpo, one of the largest independent off-takers of renewable energy. Under the RtM PPA with Axpo, the wind farm will sell the remaining volume of electric energy and receive balancing services from Axpo.
The advice on the cPPA was concluded in Poland was provided by an international CMS team headed from Warsaw by Piotr Ciolkowski (Picture), partner specializing in regulatory advice for the energy sector, supported by Adam Kedziora, senior associate. The team also included Cecilia van der Weijden and Marcellina Rietvelt (CMS Netherlands), as well as Caroline Buyse and Jean-Eric Cros (CMS France).
Involved fees earner: Caroline Buyse – CMS Bureau Francis Lefebvre; Jean-Eric Cros – CMS Bureau Francis Lefebvre; Piotr Ciolkowski – CMS Cameron McKenna Nabarro Olswang LLP; Adam Kedziora – CMS Cameron McKenna Nabarro Olswang LLP; Marcellina Rietvelt – CMS Derks Star Busmann; Cecilia van der Weijden – CMS Derks Star Busmann;
Clients: Green Investment Group;