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.