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Deal Date: 27-10-2014 Practice Area: Project Finance and Infrastructure
Deal Title: Glennmont Partners Purchase of Frencq/Fresnoy-Folny Wind Farms Industry: Alternative Energy
Description:
Watson, Farley and Williams advised British investment fund, Glennmont Partners (formerly BNPP Clean Energy Partners) in connection with the purchase and financing of two wind farms which were acquired from the Italian developer, Sorgenia. The two farms which are situated in Frencq (Nord-Pas-de-Calais) and Fresnoy-Folny (Haute-Normandie) have a total output capacity of approximately 22.5 MW. UniCredit Bank AG and Credit Industriel et Commercial SA acted as arrangers and lenders. The WFW team was led by Finance partner Eric Villateau, supported by Emmanuel Paillard (Public Law partner), Laurent Battoue (Regulatory Law partner) and Romain Girtanner (Tax partner) as well as associates, Jean-Francois Tournier (Finance), Claire Gamain and Pierre Ferroud (Corporate), Julien Criard (Real Estate) and Cynthia Gozan (Tax).
Financial Center: Paris Value: 0.00-0.00
Advised Party: Purchaser Law Firm
Assets Jurisdiction France Purchaser Jurisdiction United Kingdom
Classification: Transfer of Infrastructure Assets Renewable Energy Assets Wind Farm Assets
Lawyer Eric Villateau