Dentons advised TEP (Renewables Holding) Limited, a subsidiary of the Irish company Trading Emissions PLC, in connection with a sale of shares in EWG Słupsk, which plans to develop the Potęgowo wind farm in northern Poland. The project is currently the largest wind farm project in Poland to enter the construction phase.

Dentons advised TEP (Renewables Holding) Limited, a subsidiary of the Irish company Trading Emissions PLC, in connection with a sale of shares in EWG Słupsk, which plans to develop the Potęgowo wind farm in northern Poland. The shares were purchased by Winergy Last Mile, a Cyprus-based company. The purchaser and seller signed the contract on July 7, 2014.

The transaction involves the sale of a 64 percent stake and repayment of loans incurred by EWG Słupsk to TEP (Renewables Holding) Limited.

The Potęgowo wind farm will feature 98 turbines with total capacity of 253.5 MW, complete with auxiliary infrastructure. The company has already signed a power grid interconnection agreement, land leases and secured all construction, environmental and other permits needed to commence construction works. The Potęgowo project is currently the largest wind farm project in Poland to enter the construction phase.

The project was coordinated by the following Dentons lawyers: Tomasz Janas, Małgorzata Bluszcz and Jakub Wieczorek.

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