Dentons has advised Nord/LB Norddeutsche Landesbank on its EUR 53 million financing for developer European Energy. Brockhuis Jurczak Prusak Sroka Nilsson advised the borrower.
According to Dentons, the financing will be used for the construction and operation of the 38.8-megawatt Liskowo wind farm.“German export credit agency Euler Hermes is guaranteeing a substantial part of the long-term senior debt facilities. It is the first project finance transaction guaranteed by Euler Hermes in Poland,” the firm informed.
Nord/LB is a commercial bank in northern Germany, offering financing solutions for medium-sized companies.
Founded in 2004, European Energy develops, constructs, and operates wind and solar farms.
The Dentons team included Warsaw-based Partners Christian Schnell and Piotr Nerwinski, Counsel Piotr Dziwniel, Senior Associates Olga Wasilewska and Justyna Jamrozy, and Associates Ewa Golabek and Katarzyna Kaptur, as well as Dusseldorf-based Partner Axel Schlieter and Senior Associate Julia Heitmann.
The BSJP team was led by Partner Dominik Soltysiak and included Partner Katarzyna Domanska-Moldawa, Associate Aleksander Piechota, and Junior Associate Paulina Wroblewska.