Greenberg Traurig has advised CVC Capital Partners on its sale of the PKP Energetyka power company to state-owned PGE Polska Grupa Energetyczna. Rymarz Zdort advised PGE.
The transaction remains contingent on regulatory approval.
PKP Energetyka is a Polish power company. The company’s business activities include the sale and supply of electricity, delivery of green energy to railways, and sale of fuel and electric power services.
CVC is an alternative investment manager focused on private equity, secondaries, and credit with a network of 25 local offices and EUR 137 billion of assets under management.
PGE Polska Grupa Energetyczna is a state-owned public power company in Poland and is listed on the Warsaw Stock Exchange.
Greenberg Traurig’s team included Senior Partner Lejb Fogelman, Partners Rafal Baranowski and Andrzej Wysokinski, Local Partners Michal Bobrzynski and Maciej Pietrzak, Senior Associate Joanna Kuc, and Associate Adam Andula.
Rymarz Zdort’s team included Partners Marek Maciag, Marek Durski, and Monika Kierepa and Senior Associate Malgorzata Derus.