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As part of an international team coordinated by the law firm Bech-Bruun, DZP has advised ATP, Denmark's largest pension fund, on Polish aspects of its investment in the renewable energy business Better Energy. Better Energy is also one of the largest developers of photovoltaic farms in Poland, and our market – next to the Danish and Swedish markets – is the most important for this investor.
Thanks to the transaction, ATP has become a minority holder of approx. 15% of Better Energy's shares and will join Better Energy's management board, thus fulfilling its objective of increasing the company's participation in the green transition. The transaction that DZP participated in will also allow Better Energy to further develop and expand its portfolio of photovoltaic parks.
Our work focused on a legal due diligence and transaction advice.
The client was advised by a team of DZP lawyers led by Bartosz Marcinkowski from the Corporate and M&A Practice and Rafał Hajduk (regulatory issues) from the Infrastructure & Energy 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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