Clyde & Co advises EDPR on the sale of a 166 MW renewable energy portfolio in Poland

Clyde & Co has advised EDPR Polska on the transaction for sale of its 166 MW portfolio of operational wind and solar assets in Poland to PPC Group. The transaction represents an enterprise value of approximately EUR 250 million.

The portfolio comprises 131 MWac of operating wind farms, 35 MWac of operating solar projects, including pipeline for potential hybridisation. The assets benefit from a diversified revenue profile, including green certificates, Contracts for Difference and Power Purchase Agreements.

Clyde & Co advised EDPR on all legal aspects of the transaction, including the preparation of the vendor due diligence report, negotiation of the transaction documentation and management of the sale process through to signing and closing.

The Clyde & Co team was led by Agnieszka Kulińska, Partner, Head of Energy in Poland, supported by Ernest Dymel, Counsel, Jacek Korcz, Senior Associate, and Anna Narodzonek, Associate.

The vendor due diligence workstream was coordinated by Jacek Korcz, Senior Associate, with support from Mikołaj Kępas, Counsel, Ewa Gołąbek, Senior Associate, and Associates Julia Kryńska, Anna Narodzonek, Witold Szpek, Marcin Ratajczak, Marcin Lorenc and Karolina Staroń.

Agnieszka Kulińska, Partner, Head of Energy in Poland, Clyde & Co, said: “The sale of this portfolio highlights the continued momentum of the Polish renewable energy market and sustained investor appetite for high-quality operational assets. Combining established wind and solar generation with opportunities for further hybridisation, the transaction reflects both the quality of the portfolio developed by EDPR and the growing sophistication of the Polish renewable energy sector. Its scale makes it one of the most significant renewable energy transactions in Poland this year.”