SK&S advises Ørsted on Polish offshore wind farm joint venture with ZE PAK

Ørsted has signed agreements to form a 50:50 joint venture with Zespół Elektrowni Pątnów - Adamów - Konin (ZE PAK), Poland's largest privately owned energy producer. The joint venture is to participate in the upcoming auction for seabed leases for offshore wind farm projects in the Polish part of the Baltic Sea. If successful in the auction, the partners intend to realise the offshore wind farm projects together and to jointly bid in Poland's future offshore wind auctions for remuneration for the generated electricity through so-called contracts-for-difference (CfD, planned for 2025 and 2027).

SK&S advises Ørsted on the project in an integrated team with German law firm Hengeler Mueller. The SK&S team includes partners Krzysztof Cichocki (Energy/M&A) and Krzysztof Kanton (Antitrust), senior counsels Witold Kurek (M&A) and Łukasz Wyszomirski (Energy) and senior associate Damian Kopera (Antitrust). The Hengeler Mueller team is led by partners Sebastian Schneider (M&A/Energy, Frankfurt) and Nicolas Böhm (M&A/Corporate, Berlin) and includes partners Thorsten Mäger (Antitrust, Düsseldorf) and Jan Bonhage (Procurement Law, Berlin) counsel Alexander Bekier (M&A/Corporate, Berlin) and Jörg Meinzenbach (Antitrust, Düsseldorf) as well as associates Niclas Bettien (Berlin) and Georg Tauser (Frankfurt) (both M&A).

Louise Løber (Senior Attorney) is responsible for the transaction within Ørsted's in-house legal team.