CMS has advised BaltCap Infrastructure Fund on a public-private partnership construction of lighting in the municipality of Miedzno, in the Slaskie Voivodship in Poland. The project is worth PLN 22.4 million, making it the largest local government investment in street lighting under a public-private partnership in Poland.
According to CMS, “under the agreement, approximately 1900 LED lighting fittings will be installed over two years in the municipality of Miedzno, which will make it possible to illuminate 74 km of municipal, poviat, and voivodship roads. The agreement also provides for the installation of new lighting points and the replacement of existing and energy inefficient ones. A subsidiary of BaltCap Infrastructure Fund will be responsible for financing, operating and maintaining the constructed infrastructure for eight years after completion of the construction works.”
CMS’s team included Partner Marcin Bejm and Lawyers Piotr Galazka, Patrycja Styczynska, and Alicja Smyklinska.