AP Pension finances development of solar energy parks in Poland

Case News
Plesner has assisted AP Pension as lead counsel with a Danish law-governed portfolio financing for Eurowind Energy's development of eight solar energy parks in Poland.

The EUR 111 million loan finances eight solar parks across Poland with a combined capacity to supply electricity to approximately 110,000 households. One solar park is already operational. The remaining seven parks will be developed during the next 12 months.

Eurowind Energy is a Danish energy infrastructure group which develops and manages sustainable energy power parks.

The financing is consistent with AP Pension's ambition to remain active within renewable energy while delivering an attractive return for its customers. The investment supports the continued expansion of renewable energy capacity in the region and contributes to the security of Europe's energy supply.

We are grateful for the opportunity to assist AP Pension in this matter.

Plesner's core team on the project was Jakob Echwald Sevel, Christian Scott Uhlig and Andreas B. Moes.

Read the press release from AP Pension (in Danish).