Webinar "Sanctions Compliance in Action – International Standards, Real Risk Reduction"
27 August 2025
We are pleased to announce that we advised mBank S.A. on VAT financing that was made available to project companies of SUSI Partners, acting on behalf of SUSI Energy Transition Fund and its portfolio company, Luneos Green Energy. The purpose of the financing was to finance VAT payables in connection with the construction of a portfolio of solar power farms in Poland, with a total capacity of approximately 157 MW. Our advice also covered inter-creditor relations between mBank and P Capital Partners, a Swedish private credit investor that provided financing for the net project costs and the construction of the portfolio.
SUSI Partners is an independent, specialist investment manager providing institutional investors with access to mid-market private infrastructure opportunities arising from the global energy transition. With over 15 years of activity and more than EUR 2.1 billion investor capital raised to date, the firm has a proven track record in the scope of energy transition investments, achieving attractive risk-adjusted returns for its clients and their beneficiaries while contributing meaningfully to global climate change mitigation efforts.
Our team was led by Marcin Gruszka (counsel), and included Maksymilian Kaszubowski (associate), Filip Książczak (associate) and Lidia Niebieszczańska (associate) from the Banking & Finance practice. The transaction was supervised by Dr Jakub Rachwol, a partner co-heading the Banking & Finance practice.