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Deal Date: 04-04-2014 Practice Area: Project Finance and Infrastructure
Deal Title: Financing for DONG Energy Purchase of Westermost Rough Wind Farm Interest Industry: Alternative Energy
Description:
Linklaters has advised Marubeni Corporation and the UK Green Investment Bank plc on the purchase and financing of a 50% interest in the Westermost Rough offshore windfarm from DONG Energy Wind Power A/S. The Westermost Rough project, currently in the early stages of construction off the coast of Yorkshire, will utilise Siemens' next generation 6 MW direct drive turbines which are almost twice the size of the majority of wind turbines operating in UK waters. This is the first time these new turbines will be commercially deployed in the UK. The Linklaters team was led by Head of Renewables, John Pickett.
Financial Center: London Value: 0.00-0.00
Advised Party: Purchaser Law Firm
Assets Jurisdiction United Kingdom Purchaser Jurisdiction United Kingdom
Classification: Transfer of Infrastructure Assets Renewable Energy Assets Wind Farm Assets
Lawyer John Pickett