Baker McKenzie with Commerzbank on facility for Calik Enerji Swiss
Baker McKenzie Switzerland advised Commerzbank Aktiengesellschaft (Zurich branch) in connection with a PLN 1,166,286,000 guarantee facility agreement for Calik Enerji Swiss.
Swiss Export Risk Insurance provided the main coverage for the facility, which has been guaranteed by Çalık Enerji San. ve Tic. A.Ş. The agreement in question relates to Calik Enerji Swiss and Çalık Enerji’s EPC contract for the turnkey construction of a 1,336 MW combined-cycle power plant with H2-ready technology in Kozienice, Poland.
The Baker McKenzie team
Baker McKenzie served as the sole legal counsel to Commerzbank on all Swiss and Turkish law aspects of the transaction.
Zurich-based partner Markus Wolf (banking & finance, pictured) led the Baker McKenzie team on the operation working alongside a Swiss team including associate Sammy Guidoum (banking & finance) and trainee lawyer Valentina Biland (banking & finance). Moreover, the matter involved partner Muhsin Keskin and associate Seray Karaalp from Esin Attorney Partnership (Baker McKenzie Istanbul).
