Rymarz Zdort advised Wirtualna Polska Media S.A. ("WP") on the purchase of a 3 MW photovoltaic farm in the Lower Silesia region. This is the second such investment by WP, after their first PV farm was launched in April 2021.
The transaction is another step towards the realisation of the climate neutrality strategy adopted by the WP capital group which aims to ensure that all of the data centres used by entities from the WP capital group will be zero-emission by 2023.
“The WP transaction, which the Rymarz Zdort team had the great pleasure of supporting, is another sign of the prevailing trend on the Polish market under which companies from outside the energy sector decide to invest in renewable energy sources in order to reduce their "carbon footprint" and to stabilise the costs of supplying power” – summarises Marek Durski, partner in the corporate department of Rymarz Zdort and head of the energy and natural resources practice.
The energy law aspects of the transaction were handled by the energy and natural resources team: Marek Durski, partner; Łukasz Lech, senior associate; and Adrian Augustyniak, associate. Corporate law matters were coordinated by Dr Filip Uziębło, partner; Małgorzata Deruś, associate; and tax law aspects by Filip Biegun, associate.