What's new at DZP?
Our law firm is involved in projects that support the use of renewable energy sources. In the last quarter of 2021, we took part in new important RES financing transactions.
We have advised Norddeutsche Landesbank Girozentrale which is one of the biggest commercial banks in Germany, active in the renewable energy, on the project financing to develop five wind farm projects (farms will generate energy with a combined capacity of 44.675 MW). The projects located in north coast of Poland are owned by the Danish developer European Energy, which operates in eleven countries all over the world.
Our involvement in this project included working on the structure of the financing and cash flows in the borrower’s group, drafting and negotiating Polish related parts of the facilities agreement, negotiating the Polish security package and providing energy regulatory advice.
DZP team worked closely throughout the transaction with the correspondent German part of Watson Farley & Williams, one of the leading legal advisers for cross-border finance work in the renewable energy space in Europe.
In respect of renewable energy financing we have recently advised also EB – Sustainable Investment Management GmbH on mezzanine (junior) loan for the construction of the Zalesie Wind Farm with a capacity of 25 MW.
Our involvement in this project included working on the structure of the junior financing, negotiating Polish related parts of the junior loan agreement and intercreditor agreement, negotiating the Polish security package and providing energy regulatory advice.
The clients were advised by a multidisciplinary DZP team led by Magdalena Skowrońska, Partner in the Capital Markets and Financial Institutions Practice, and Rafał Hajduk, Partner in the Infrastructure and Energy Practice, and comprising of, amongst others, Tomasz Kalicki, Senior Associate from Capital Markets and Financial Institutions Practice.
From 25 May 2018 the General Data Protection Regulation (GDPR) applies in Poland and other European Union countries. We would therefore like to give you several details on the subject of how DZP processes personal data.
The administrator of the personal data is Domański Zakrzewski Palinka Sp.k. (“DZP”; address: Rondo ONZ 1, 00-124 Warszawa). Data are processed for contact purposes and to impart information on changes to provisions and authority practices and on other issues, including events concerning day-to-day legal, economic and cultural issues, inter alia, by sending DZP newsletters. The above is carried out on the basis of legitimate interests, i.e. in accordance with art. 6(1)(f) of the GDPR. Data can also be processed where necessary for the conclusion or performance of a contract and for compliance with a legal obligation to which DZP is subject, i.e. pursuant to art. 6(1)(b) and (c) of the GDPR. Data can be transferred to entities with whose help DZP achieves the indicated aims, including entities maintaining IT infrastructure. Giving data is voluntary and in contractual relations is a requirement for concluding and performing a contract. It is possible to object to data processing, request access to, rectification and erasure of personal data or restriction of processing and data portability. Data are kept until an objection is made, and in contractual relations – throughout the term of the contract and thereafter for a period specified in provisions on archiving and limitations period for claims. Anyone has the right to file a complaint with the President of the Personal Data Protection Office. Questions concerning privacy at DZP can be sent to DZP’s Data Protection Inspector, Macieja Maciejewskiego, at: firstname.lastname@example.org.
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