On September 28, 2020, CEE Legal Matters reported that Clifford Chance had advised Sun Investment Group Polska on the sale of a 170 MW solar park portfolio currently under development to Ignitis Renewables. CEEIHM spoke with Maciej Kalinowski, General Legal Counsel at the Sun Investment Group, to learn more about the deal.
On September 21, CEE Legal Matters reported that Greenberg Traurig had advised Madison International Realty on its acquisition of an unspecified stake in Cavatina Office sp. z o.o., the owner of the Chmielna 89 office building in Warsaw, from Cavatina Holding S.A., as well as on its entry into a joint venture agreement with Cavatina Holding and the refinancing of the existing bank debt of Cavatina Office sp. z o.o. CEEIHM spoke with Madison International Realty Managing Director, Matthias Cordier, about the deal.
The “Financial Shield” programs are a part of the Polish Government-established “Anti-Crisis Shield” aid program, implemented by the Polish Development Fund. The programs, worth PLN 100 billion, aim to protect the labor market and to ensure companies’ financial liquidity in periods of severe economic disruption. Joanna Dynysiuk, Head of Legal, Anna Wawrzynczak, Office Director – Legal Office – Corporate, and Anna Blonska, Office Director – Legal Office – Investments, describe the programs and the legal work behind it.