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GNZ Legal and Dentons Advise on Wento’s Sale of PV Portfolio to Modus Asset Management

GNZ Legal and Dentons Advise on Wento’s Sale of PV Portfolio to Modus Asset Management

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Gorzelnik Nentwig Ziebinski has advised Equinor Group company Wento on its sale of a 28-megawatt solar photovoltaics portfolio to Modus Asset Management. Dentons has advised the buyer.

Wento is a renewable energy company in Poland that develops, builds, and operates photovoltaic and wind projects in the country.

Modus Asset Management is a Lithuanian fund management company focusing on renewable energy investments.

"Higher degree of complexity is required to navigate power price volatility, rising financing costs, high inflation, and foreign exchange fluctuations," Modus Asset Management CEO Povilas Peciulis commented. "We are committed to further investments, strengthening regional energy independence, and expanding clean generation sources."

The GNZ Legal team was led by Partner Jakub Gorzelnik.

The Dentons team was led by Partner Agnieszka Kulinska and included Counsel Filip Raubo, Senior Associates Lena Boczkaja and Sandra Sekula-Baranska, and Associates Julia Krynska, Marcin Ratajczak, Witold Szpek, and Anna Czebocko.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

Firm's website.