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CMS Advises Green Investment Group on Sale of RES Energy to Danone Companies in Poland

CMS Advises Green Investment Group on Sale of RES Energy to Danone Companies in Poland

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CMS has advised Macquarie’s Green Investment Group on a ten-year physical corporate Power Purchase Agreement 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 which the wind farm will sell the remaining volume of electric energy and receive balancing services from Axpo.

In 2019, CMS advised GIG on the acquisition of a 25.3 MW operating onshore wind farm in Jozwin, located in Western Poland (as reported by CEE Legal Matters on December 8, 2020). The Jozwin wind farm comprises 9 GE turbines and has been operating for nearly 5 years.  GIG is active in 11 countries across Europe, and over 25 countries globally. 

CMS’s team in Warsaw included Partner Piotr Ciolkowski and Senior Associate Adam Kedziora, supported by CMS teams in the Netherlands and France.

CMS did not reply to our inquiry on the matter.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

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