DZP advises Budimex Group on photovoltaic project financing

DZP experts have advised the Budimex Group on raising financing for a photovoltaic project, a 21 MW PV farm located in Wymysłów, in the municipality of Mszczonów (Mazowieckie voivodship). The financing, totalling PLN 63.7 million, will be used for the development, construction and operational phase of the facility.

The project involves the installation of over 33,000 photovoltaic panels and was designed in an innovative east-west layout, which allows for more even use of solar radiation throughout the day and a more stable energy production profile. The investment is another component of the Budimex Group's strategy in the area of renewable energy sources and the development of its own generation portfolio.

DZP lawyers provided comprehensive legal advice to the borrower throughout key stages of the transaction. Advice on financing was provided by the Capital Markets and Financial Institutions Practice, led by Magdalena Skowrońska, Partner, with the participation of Tomasz Kalicki and Magdalena Ślepowron-Łukaszewicz.

Design and energy aspects were handled by a team headed by Marcin Krakowiak, Partner and Head of the Infrastructure and Energy Practice, with support from Anna Konopka, Bartosz Stań and Filip Sobociński.