International law firm CMS has advised GoldenPeaks Capital Group on the acquisition of a portfolio of 30 photovoltaic farm projects from Columbus Energy Group.
The farms acquired by GoldenPeaks are ready-to-build (RtB) projects with connection conditions issued, and a total capacity of 28.077 MW.
GoldenPeaks Capital is one of the largest independent energy producers and distributors in Poland and Hungary, specialising in the construction and operation of photovoltaic and wind systems. The group has more than 15 years’ experience in structuring energy projects worldwide, with a total capacity of more than 6,000 MW.
CMS provided ongoing legal advice during the transaction conducted a legal due diligence of the entire acquired portfolio.
The CMS team included lawyers CMS’s Energy and Infrastructure, Real Estate and Construction, as well as the Corporate and M&A practices, overseen by partner Piotr Ciołkowski and senior associate Wojciech Szopiński (Energy and Infrastructure).
CMS has one of the largest energy teams in Poland, and advises clients on numerous and complex projects in the renewable energy sector. The team has extensive experience in advising on the natural gas market and in the nuclear energy sector. CMS’s Energy and Infrastructure practice supports clients in M&A transactions, investment processes and regulatory advice in the energy sector. The practice has for many years been acknowledged as a leader in Poland in the international rankings of Chambers & Partners, Legal500 and IFLR1000. In addition, CMS has been recognised as one of the top ranking recommended advisors in Projects and Energy in the CEE region by Chambers & Partners.
