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Deal Date: 03-06-2015 Practice Area: Project Finance and Infrastructure
Deal Title: EIB Financing for the Nordergrunde Wind Farm, German North Sea Industry: Alternative Energy
Description:
Ashurst advised the European Investment Bank on the financing of the construction of offshore wind farm Nordergrunde in the German North Sea. EIB provided the debt financing in a banking consortium together with KfW IPEX-Bank. The borrower was OWP Nordergrunde GmbH and Co. KG, a project company managed by German energy developer wpd offshore GmbH. The Ashurst team was led by finance partner Dr Tom Beckerhoff.
Financial Center: Frankfurt Value: 0.00-0.00
Advised Party: Debt Provider Law Firm
Project Location Germany Equity Sponsor Germany
Classification: Project Finance Renewable Energy Wind Farms
Lawyer Tom Beckerhoff