WKB Lawyers advised HiTec Vision in a strategic transaction in the renewable energy sector

HitecVision, a Norwegian private equity fund specialising in renewable energy and energy transition, acquired shares in Polska Grupa Biogazowa (PGB) — a leading biogas producer in Poland. The transaction, valued at overall EUR 190 million, includes both the acquisition of a 50% stake in the existing production assets and potential investments to expand PGB’s production capacity.

This strategic transaction aligns with HiTec Vision’s long-term strategy to strengthen its position in the Polish market while contributing to the development of green energy and decarbonization efforts.

WKB Lawyers acted as local counsel to HiTec Vision, providing comprehensive legal support throughout the entire process — from due diligence, through negotiation of transaction documentation, to filing the concentration notification with the Office of Competition and Consumer Protection (UOKiK).

The transaction team was led by Maciej Szambelanczyk, Krzysztof Sikorski, LL.M. and Jakub Jedrzejak, with support from Małgorzata Studniarek, Tymoteusz J. Matusiak, Wojciech Kulczyk, and Filip Rybak.

Advokatfirmaet BAHR AS, a leading Norwegian law firm, acted as the lead legal advisor to HiTec Vision.