Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 12-12-2013 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | CDC Infrastructure Acquisition of Butendiek Offshore Wind Farm Stake | Industry: | Alternative Energy |
| Description: |
Herbert Smith Freehills Paris LLP has advised CDC Infrastructure on its acquisition of a stake in the Butendiek offshore wind farm in Germany. The stake was sold by the Marguerite fund, which transferred 33.3% of the share capital in the holding company which holds a 22.5% interest in the German project company. After this transaction, CDC Infrastructure therefore indirectly holds 7.5% of the German project company's share capital.
The Butendiek offshore wind farm project consists of 80 turbines with an installed capacity of 288 megawatts. The project is located in the North Sea, in Germany's Exclusive Economic Zone, 32 km west of the island of Sylt and near the German-Danish border.
CDC Infrastructure was advised by a cross-border team led by Edouard Thomas (partner) and Cyril Deniaud, assisted by Evelyne Girio for the corporate aspects, by Christophe Lefort (partner), Silke Goldberg (Paris/Berlin) and Ergen Ege for the regulatory and infrastructure aspects, by Eric Fiszelson (partner), Audrey Lesage and Romain Guirault for the banking law aspects, by Jerome Le Berre (Of Counsel) for the tax aspects and by Sergio Sorinas (partner) and Estelle Jegou for competition law aspects. The German aspects of the transaction were handled by Ralf Thaeter (partner), Hans-Georg Schulze and Sebastian Knappe in the Berlin office.
|
||
| Financial Center: | Paris | Value: | 0.00-0.00 |
| Advised Party: | Purchaser | Law Firm | Herbert Smith Freehills |
| Assets Jurisdiction | Germany | Purchaser Jurisdiction | Germany |
| Classification: |
Transfer of Infrastructure Assets Renewable Energy Assets Wind Farm Assets |
Lawyer | Edouard Thomas |
