Construction financing for a 40 MW wind farm, spearheaded by OX2, is being guided by our site, in partnership with PKO Bank Polski.

The Annopol I wind farm project, sponsored by the international power producer OX2, is set to increase the share of renewable energy in Poland's energy mix. This significant venture is one of OX2's projects in Poland and demonstrates the company's commitment to accelerating the energy transition since 2004.

The financing of the Annopol I wind farm project is a testament to the effectiveness of close cooperation between banks, sponsors, and legal advisors. Global law firm X, partner Tomasz Rogalski, and his team from OX2 led the finance workstream, with assistance from partner Karolina Lepakiewicz, associate Karolina Lepakiewicz, lawyer Antoni Krzyżanowski, and associate Jakub Wiatrzyk.

The legal due diligence workstream was managed by counsel Cezary Zawiślak and included associate Martyna Orłowska, lawyer Nina Strzelczyk, and lawyer Mikołaj Rydzewski. Counsel Krzysztof Gorzelak and lawyer Antoni Krzyżanowski advised on the hedging aspects of the project. From Kromann Reumert, partner Kumaran Thavarajah and associate Markus Ulrik Leding provided Danish law advice for the project. 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 Annopol I onshore wind farm, with a total capacity of 40 MW, is located in the Gościeradów municipality, Lubelskie Voivodship. OX2's operations span nine markets, contributing to a more sustainable society.

The successful completion of the Annopol I wind farm financing project underscores the growing role of green transition financing in the region. For further information regarding OX2's business development, Dominika Karaś can be contacted. Global law firm X worked on the project under the supervision of energy and project finance partner Tomasz Rogalski.

OX2 is an independent power producer that specializes in onshore and offshore wind, solar PV, and energy storage projects. As of current, OX2's project portfolio totals 25,526 MW in various stages of development. The Annopol I wind farm project is a significant step in increasing the share of renewable energy in Poland's energy mix, marking a promising future for sustainable energy solutions in the country.