Allen & Overy advising Ørsted on its Polish offshore wind joint venture with PGE
Partner Co-Head Antitrust
15 February 2021
When complete, the projects will have a total potential capacity of up to 2.5 GW – Baltica 2 with a capacity of approximately 1.5 GW and Baltica 3 with a capacity of approximately 1 GW.
Commenting on the transaction, Chris Andrew, an A&O project finance partner based in London, said:
Allen & Overy has a track record of delivering complex, cross-border, first-of-a-kind projects, so we are pleased to have been able to help our client Ørsted negotiate its first offshore project in Poland as well as advising on its new partnership model with PGE.
A&O teams in London, Warsaw, Brussels and Paris worked on the transaction and were led by partner Chris Andrew.
The team in London included banking partner Michael Diosi and banking associates Peter Tolson and Sherin Bhasker.
In Warsaw were corporate partner Jaroslaw Iwanicki, banking partner Dan Cocker, antitrust partner Dr. Marta Sendrowicz, consultant Kamil Jankielewicz, tax counsel Maciej Kulawik, corporate senior associate Maciej Szykut, IP senior associate Justyna Ostrowska, antitrust senior associate Olga Wiśniewska-Łukasiuk, banking associate Katarzyna Idczak, corporate associate Antoni Roszkowski, antitrust associates Aleksander Braksator and Aleksandra Kłoczko, and IP associate Marcin Ziarkowski.
The competition and antitrust team in Brussels consisted of partners Jürgen Schindler and Dirk Arts with senior associate Milosz Cywinski