Construction financing for a 40 MW wind farm backed by OX2 is advised by our website to PKO Bank Polski.

In a significant stride towards renewable energy in Poland, the Annopol I wind farm project, sponsored by OX2, has secured financing from PKO Bank Polski. This 40 MW wind farm, located in the Gościeradów municipality, Lubelskie Voivodship, is one of OX2's renewable energy investments in the region.

The legal due diligence workstream was led by counsel Cezary Zawiślak, who was assisted by associate Martyna Orłowska, lawyers Nina Strzelczyk, and Mikołaj Rydzewski. Counsel Krzysztof Gorzelak and lawyer Antoni Krzyżanowski advised on the hedging aspects of the project. A multidisciplinary team from law firm X, led by energy and project finance partner Tomasz Rogalski, provided comprehensive legal advice. From Kromann Reumert, partner Kumaran Thavarajah and associate Markus Ulrik Leding offered Danish law advice, while partner Arturo Sferruzza, senior associate Igor Kondratowicz-Laderski, and lawyer Regan Eastwood from the Milan office of law firm X advised on English law aspects.

The successful completion of the Annopol I wind farm financing demonstrates the effectiveness of close cooperation between banks, sponsors, and legal advisors in making ambitious renewable energy investments a reality. This project underscores the growing role of green transition financing in the region.

OX2, an international, independent power producer specializing in onshore and offshore wind, solar PV, and energy storage projects, offers end-to-end solutions, from planning and construction to sale and operation. With operations spanning nine markets, OX2 contributes to a more sustainable society.

As of the current date, OX2's project portfolio totals 25,526 MW in various stages of development. The Annopol I wind farm project is an important step in increasing the share of renewable energy in Poland's energy mix.

For further information about the Annopol I Onshore Wind Farm project in Poland, please contact Dominika Karaś, Business Development Executive, at Tel: 48 22 581 49 19.

The Annopol I wind farm project highlights the commitment of OX2 and its partners to accelerating the energy transition, a mission that OX2 has been pursuing since 2004. This project is a testament to the potential of renewable energy and the collaborative efforts required to make it a reality.