Global law firm Norton Rose Fulbright advised mBank on financing the construction of two utility-scale photovoltaic installations in Poland, located in Borzęcin and Brzegi, with a combined generation capacity of 120 MW, sponsored by Sunly.

Sunly is an independent power producer active across Poland and the Baltic states, advancing the region's transition to clean electricity. The company develops, owns, and operates renewable energy assets, combining generation and storage to provide reliable, competitively priced power.

The finance workstream team was led by senior associate Igor Kondratowicz-Laderski and included associate Jakub Wiatrzyk and lawyer Antoni Krzyżanowski. The due diligence workstream was led by associate Bartosz Odziemkowski and comprised counsel Cezary Zawiślak and associates Martyna Orłowska, Damian Pawlak as well as lawyers Nina Strzelczyk, Mikołaj Wołczyński, Mikołaj Rydzewski and Michał Odolczyk. The entire Norton Rose Fulbright team worked under the supervision of energy and project finance partner Tomasz Rogalski.

Igor Kondratowicz-Laderski commented:

"We are pleased to have once again advised mBank on a project finance transaction in the Polish renewable energy sector and to continue our collaboration with Sunly. This transaction further strengthens our long-standing relationship with both parties and highlights our expertise in structuring large-scale renewable projects in Poland. We are proud to support initiatives that accelerate the green transition and look forward to working together on future sustainable projects globally. A thank you to the teams at mBank and Sunly for their outstanding cooperation and commitment to making this project a success."