Baker McKenzie Advised Commerzbank On PLN 1.17 Billion SERV-backed Guarantee Facility For Calik Enerji Swiss
Baker McKenzie advised Commerzbank on PLN 1.17 billion SERV-backed guarantee facility for Calik Enerji Swiss
The Global Law firm, Baker McKenzie Switzerland acted as sole legal counsel to Commerzbank Aktiengesellschaft (Zurich branch) on a PLN 1,166,286,000 guarantee facility, primarily covered by Swiss Export Risk Insurance (SERV), provided for Calik Enerji Swiss AG.
The facility, guaranteed by Çalık Enerji San. ve Tic. A.Ş., supports the EPC contract between Calik Enerji Swiss and Çalık Enerji for the turnkey construction of a 1,336 MW combined-cycle power plant with H2-ready technology in Kozienice, Poland.
Calik Enerji Swiss, headquartered in Lucerne, Switzerland, is one of the Çalık Enerji group’s anchor EPC subsidiaries, delivering international energy and infrastructure projects via the Swiss supply chain. Çalık Enerji, based in Istanbul, is a leading diversified energy company operating across EPC, power distribution, and renewable energy in Türkiye, Central Asia, the Middle East, Africa, and Eastern Europe.
Commerzbank (Zurich branch) is among Europe’s leading banks in trade and export finance, with a strong presence in Switzerland, supporting Swiss export and capital market-oriented clients.
The Baker McKenzie transaction team was led by Markus Wolf (Partner, Banking & Finance, Switzerland), supported by Sammy Guidoum (Associate, Banking & Finance, Switzerland) and Valentina Biland (Trainee Lawyer, Banking & Finance, Switzerland), along with Muhsin Keskin (Partner) and Seray Karaalp (Associate) from Esin Attorney Partnership, Istanbul (Baker McKenzie Istanbul).
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