EY Corporate Finance acted as the transaction advisor to OX2

Another transaction in Renewables in Poland.

EY Corporate Finance acted as the transaction advisor to OX2 on the sale of an onshore wind asset in Poland to Enea Nowa Energia.

The Bejsce wind farm, that will consist of six turbines and have total capacity of 19.8 MW, will be constructed in the southeastern part of Poland. Construction started in September 2023 and commissioning is planned for the second half of 2025. The annual energy production of the wind farm is about 65 GWh, which corresponds to the annual electricity consumption of 20,000 households.

- We are delighted to have to opportunity to advise on this transaction and we look forward to realizing consecutive projects for top renewable energy players. Poland is continuing to be a very attractive market for renewables capacity development and we will continue to develop our transaction advisory capabilities in this space, thereby contributing with our EY bit to Poland’s energy transition path, says Sebastian Jasinowski, Partner, EY M&A Team, SaT Poland.

– The Bejsce wind farm transaction is another renewable project closed by EY M&A Team in recent weeks. Bejsce is also our third successful project with OX2 in Poland, says Sebastian Pogorzelski, Manager, EY M&A Team, SaT Poland.

EY provided comprehensive integrated advisory services on the transaction, including M&A, debt advisory, PPA / energy market advisory.

Members of the EY teams that have advised on the transaction process:

• M&A Advisory: Sebastian Jasinowski, Kinga Charpentier, Sebastian Pogorzelski, Otto Lasma
  
  
• Valuation & Modelling Advisory: Marcin Drozdowski, Maciej Raróg, Marcin Kleczkowski
  
  
• Debt Advisory: Ewa Mochocka, Joanna Truszkowska, Michał Jadczyszyn
  
  
• PPA Advisory: Maciej Markiewicz, Katarzyna Łabinowicz, Agnieszka Zyga

More information can be found on OX2's press release.