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DZP and Dentons Negotiate Annex to Contract to Build New Energy Unit in Kozienice

DZP and Dentons Negotiate Annex to Contract to Build New Energy Unit in Kozienice

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DZP has acted for Enea Wytwarzanie in negotiating a five month extension to a contract to build a 1075 MW energy unit in Kozienice with Mitsubishi Hitachi Power Systems Europe and Polimex-Mostostal. As a result, the deadline for completion of the energy unit has been extended to December 19, 2017. Dentons advised Polimex-Mostostal on the deal.

The parties signed the annex on December 23, 2016, stating that the extension was "for objective reasons beyond the control of the contract parties." The value of the Kozienice unit construction has not changed at PLN 5.1 billion.

DZP's Infrastructure & Energy Practice team was led by Partner Marcin Krakowiak and included Partner Tomasz Darowski, Counsel Wojciech Hartung, and Senior Associate Jerzy Sawicki.

The Dentons team was led by Partner Tomasz Janas. 

Editor's Note: After this article was published, Dentons announced that Tomasz Janas had been supported by Counsel Michal Drozdowicz and Senior Associate Malgorzata Bluszcz-Riccardi.

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Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

All News about, and Legal Analysis by, Wolf Theiss can be found here.

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