Rymarz Zdort Maruta and Norton Rose Fulbright Advise Ocean Winds on Nearly EUR 2 Billion Financing for BC Wind Offshore Project in Poland

Rymarz Zdort Maruta, working alongside Orrick, advised Ocean Winds, while Norton Rose Fulbright advised the financing institutions led by the European Investment Bank in connection with project financing for the BC Wind offshore wind farm in Poland. The transaction comprises approximately EUR 2 billion in project financing to support the construction of the BC Wind offshore wind farm, one of Poland’s first large-scale offshore projects to reach the construction phase. The project, Ocean Winds’ first in Poland, has a planned capacity of up to 390 megawatts and has been awarded a 25-year Contract for Difference by Poland’s Energy Regulatory Office. The financing was provided by a broad consortium of international financial institutions, including the European Investment Bank and Instituto de Credito Oficial, alongside 13 international and local commercial banks and hedge providers. Once operational, the BC Wind farm is expected to generate sufficient electricity to power nearly 500,000 homes annually, support Poland’s energy transition and alignment with EU climate objectives, and contribute to local supply chain development and job creation. Rymarz Zdort Maruta represented client(s) Ocean Winds with a team composed by: Partners Lukasz Lech, Marek Durski, and Jakub Rachwol; Counsels Marcin Gruszka and Adrian Augustyniak; Senior Associate Andrzej Granat; and Associates Maksymilian Kaszubowski, Barbara Gawin, and Natalia Martynowicz. Norton Rose Fulbright represented the financing institutions led by the European Investment Bank with a team composed by: Warsaw-based Partner Tomasz Rogalski; Counsels Cezary Zawislak, Krzysztof Jasinski, and Krzysztof Gorzelak; Senior Associates Igor Kondratowicz-Laderski and Sara Radzicka-Tolwaj; Associates Julia Pycka, Daniel Ksiazek, Bartosz Odziemkowski, Karolina Lepakiewicz, Karolina Majcher, Jakub Wiatrzyk, Martyna Orlowska, Mateusz Czuba, Izabela Kregiel, and Aleksandra Szostak; Lawyers Kacper Wojtacha, Antoni Krzyzanowski, Mikolaj Rydzewski, Natalia Rybak, and Filip Krasuski; Trainees Dominika Wojtkowska and Wiktoria Jadczak; and further lawyers in London.

Rymarz Zdort Maruta and Norton Rose Fulbright Advise Ocean Winds on Nearly EUR 2 Billion Financing for BC Wind Offshore Project in Poland

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