DZP advises Danish pension fund on purchase of Better Energy shares

As part of an international team coordinated by the law firm Bech-Bruun, DZP has advised ATP, Denmark's largest pension fund, on Polish aspects of its investment in the renewable energy business Better Energy. Better Energy is also one of the largest developers of photovoltaic farms in Poland, and our market – next to the Danish and Swedish markets – is the most important for this investor.

Thanks to the transaction, ATP has become a minority holder of approx. 15% of Better Energy's shares and will join Better Energy's management board, thus fulfilling its objective of increasing the company's participation in the green transition. The transaction that DZP participated in will also allow Better Energy to further develop and expand its portfolio of photovoltaic parks.

Our work focused on a legal due diligence and transaction advice.

The client was advised by a team of DZP lawyers led by Bartosz Marcinkowski from the Corporate and M&A Practice and Rafał Hajduk (regulatory issues) from the Infrastructure & Energy Practice.