Slaughter and May advised Lincs Wind Farm Limited (a joint venture between Centrica, DONG Energy and Siemens Project Ventures) on the disposal of the offshore transmission assets relating to the Lincs Wind Farm to TC Lincs OFTO Limited.
The Lincs Wind Farm is a 270MW wind farm sited 8 kilometres off Skegness on the east coast of England.
The final transfer value for the assets, as determined by OfGEM pursuant to its cost assessment process, was £307.7 million.
CONTACTS
Corporate and Commercial: Tim Pharoah (partner); Financing: David Bicknell (partner), James Odom (associate), Samantha Brady (associate), Samyuktha Rajagopal (associate), Alia Azmi (associate).
Matter Type
Asset Sale: Seller's Counsel
Industry
Energy & Utilities
News Category
Energy, Utilities & Natural Resources
M&A