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» Kochański & Partners advised on a transaction between Otovo and Swiss Life Asset Managers concerning the acquisition of solar portfolios
The law firm advised on the Polish aspects of Swiss Life Asset Managers’ acquisition of Otovo’s solar subscription asset portfolio. This is undoubtedly one of the first transactions of its kind in the residential distributed energy sector in Europe.
This cross-border transaction was structured as an acquisition of a Norwegian holding company that owns a portfolio of special purpose vehicles in eight European countries: Austria, Belgium, France, Germany, the Netherlands, Portugal, Spain, and Poland.
The Kochański & Partners team supported the client throughout the transaction. They
- Carried out legal, regulatory and real estate due diligence investigations
- Provided pre-closing support in negotiating the share purchase agreement governed by Norwegian law, from a local perspective
- Provided closing assistance
- Advised on the operational structure after closing the transaction (post-closing support)
The transaction was led by Natalia Kotłowska-Wochna, Krzysztof Zięba and Łukasz Młynarkiewicz in collaboration with Paweł Cholewiński.
Read more here.