DZP advised Çalık Renewables on the acquisition of a photovoltaic portfolio in Poland

DZP advised Calik Renewables on the acquisition of a portfolio of operational photovoltaic farms with a total installed capacity of 255 MW from the PAD RES Group. This transaction represents Çalık Renewables’ first investment in renewable energy in Poland and a significant step in the implementation of Çalık Renewables’ long-term growth strategy in the European market.

The transaction covered a portfolio of photovoltaic projects located in Sztum and Stargard, in the Pomeranian and West Pomeranian regions of Poland. The installations are fully operational and generate more than 270.000 MWh of electricity annually. Following completion of the transaction, the PAD RES Group will continue to provide asset management services. At the same time, the parties entered into a cooperation agreement covering the development of energy storage projects and wind farms implemented under a cable pooling model.

DZP’s team provided Çalık Renewables with comprehensive legal advice on this multi‑layered transaction, including M&A, infrastructure and energy law, contractual, environmental, financial, tax and state aid matters.

The project was led by Marcin Krakowiak, Partner and Head of the Infrastructure and Energy Practice, supported by a multidisciplinary team.