5 March 2025
Norton Rose Fulbright advises PGE Polska Grupa Energetyczna on €3 billion project financing for the construction of the 1.5 GW Baltica 2 offshore wind project developed in a joint venture with Ørsted
Advising firms
Deal team
45 lawyers named| Lawyer | Firm | Seniority | Practice | Office |
|---|---|---|---|---|
| Tomasz Rogalski Lead | Norton Rose Fulbright | Partner | energy and project finance | Warsaw |
| Rob Marsh Lead | Norton Rose Fulbright | Partner | energy | London |
| Melusi Dlamini Lead | Norton Rose Fulbright | Partner | Not stated | London |
| Ben Carrozzi Lead | Norton Rose Fulbright | Partner | Not stated | Singapore |
| Christopher Aird Lead | Norton Rose Fulbright | Senior associate | Not stated | London |
| Daniel Popek Lead | Norton Rose Fulbright | Senior associate | financing documentation | Warsaw |
| Cezary Zawiślak Lead | Norton Rose Fulbright | Senior associate | project documentation and legal due diligence | Warsaw |
| Krzysztof Gorzelak Lead | Norton Rose Fulbright | Counsel | hedging | Warsaw |
| Michael Jürgen Werner Lead | Norton Rose Fulbright | Partner | state aid | Brussels |
| Marc Robert Lead | Norton Rose Fulbright | Partner | French law arbitration | Paris |
| Igor Kondratowicz | Norton Rose Fulbright | Senior associate | financing documentation | Warsaw |
| Karolina Lepakiewicz | Norton Rose Fulbright | Associate | financing documentation | Warsaw |
| Karolina Majcher | Norton Rose Fulbright | Associate | financing documentation | Warsaw |
| Jakub Wiatrzyk | Norton Rose Fulbright | Associate | financing documentation | Warsaw |
| Daniel Książek | Norton Rose Fulbright | Associate | financing documentation | Warsaw |
| Izabela Kręgiel | Norton Rose Fulbright | Associate | financing documentation | Warsaw |
| Przemysław Piasecki | Norton Rose Fulbright | Associate | financing documentation | Warsaw |
| Dominika Wojtkowska | Norton Rose Fulbright | Associate | financing documentation | Warsaw |
| Michał Rutkowski | Norton Rose Fulbright | Associate | financing documentation | Warsaw |
| Antoni Krzyżanowski | Norton Rose Fulbright | Other | financing documentation | Warsaw |
| Wiktoria Jadczak | Norton Rose Fulbright | Other | financing documentation | Warsaw |
| Natalia Rybak | Norton Rose Fulbright | Other | financing documentation | Warsaw |
| Artur Jończyk | Norton Rose Fulbright | Counsel | project documentation and legal due diligence | Warsaw |
| Krzysztof Jasiński | Norton Rose Fulbright | Counsel | project documentation and legal due diligence | Warsaw |
| Jan Wszołek | Norton Rose Fulbright | Counsel | project documentation and legal due diligence | Warsaw |
| Suncica Miletic | Norton Rose Fulbright | Counsel | project documentation and legal due diligence | London |
| Zanib Beebi Deeny | Norton Rose Fulbright | Senior associate | project documentation and legal due diligence | London |
| Paula Stępień | Norton Rose Fulbright | Associate | project documentation and legal due diligence | Warsaw |
| Mateusz Czuba | Norton Rose Fulbright | Associate | project documentation and legal due diligence | Warsaw |
| Martyna Orłowska | Norton Rose Fulbright | Associate | project documentation and legal due diligence | Warsaw |
| Aleksandra Szostak | Norton Rose Fulbright | Associate | project documentation and legal due diligence | Warsaw |
| Jan Nowjalis | Norton Rose Fulbright | Associate | project documentation and legal due diligence | Warsaw |
| Damian Pawlak | Norton Rose Fulbright | Associate | project documentation and legal due diligence | Warsaw |
| Edward Davenport | Norton Rose Fulbright | Associate | project documentation and legal due diligence | London |
| Emily Allison | Norton Rose Fulbright | Associate | project documentation and legal due diligence | London |
| Bartosz Odziemkowski | Norton Rose Fulbright | Other | project documentation and legal due diligence | Warsaw |
| Michał Odolczyk | Norton Rose Fulbright | Other | project documentation and legal due diligence | Warsaw |
| Nina Strzelczyk | Norton Rose Fulbright | Other | project documentation and legal due diligence | Warsaw |
| Mikołaj Wołczyński | Norton Rose Fulbright | Other | project documentation and legal due diligence | Warsaw |
| Mikołaj Rydzewski | Norton Rose Fulbright | Other | project documentation and legal due diligence | Warsaw |
| Sebastian Ferguson | Norton Rose Fulbright | Other | project documentation and legal due diligence | London |
| Mahika Gogi | Norton Rose Fulbright | Other | project documentation and legal due diligence | London |
| Katarzyna Berestecka | Norton Rose Fulbright | Senior associate | state aid | Brussels |
| Julia Kampouridi | Norton Rose Fulbright | Associate | state aid | Brussels |
| Sebastian Gerber | Norton Rose Fulbright | Associate | state aid | Brussels |
Stated terms
- Stated value
- EUR 3bn (€3 billion)
- What the figure measures
- Facility amount
- Client
- PGE Polska Grupa EnergetycznaBorrower
- Counterparties
- Ørsted (Joint venture party)