Rymarz Zdort advises on carve-out of gas power plant in Ostrołęka

Rymarz Zdort advised entities of Energa Capital Group S.A., part of the ORLEN Group, on various aspects of a carve-out of a gas power plant from Elektrownia Ostrołęka sp. z o.o. and in connection with the conclusion of agreements related to such carve-out.

The commencement of investing in brownfield assets is planned for the end of 2021 / beginning of 2022. The value of the investment, with a net capacity of 745 MW, implemented based on gas technology, is estimated at PLN 2.5 billion.

The Rymarz Zdort team involved in finalising the carve-out agreements included, among others: Paweł Rymarz, a managing partner; Marek Durski, a partner in the corporate department and the head of the energy and natural resources practice; Dr Marek Maciąg, a partner in the corporate department; as well as associates Adrian Augustyniak and Marta Szczepkowska from the energy practice; associates Dr Pawel Mazur and Marcin Banak from the corporate department; and counsel Piotr Zawacki from the tax practice.