Watson Farley & Williams (“WFW”) has advised HSH Nordbank AG (“HSH Nordbank”) on the financing of the Danish “Vandel 2” solar park.

HSH Nordbank provided a long-term financing of €23m to Danish developer CM Finans for “Vandel 2”, which is located in the community of Vandel/Billund in Denmark. The solar park has a total capacity of 37.9 MWp and has been built by CM Finans.

The WFW team advising HSH Nordbank was led by Hamburg Partner Thomas Hollenhorst (Banking & Finance). He was supported by Senior Associate Alexander Wojtek, Associate Dr Paul-Vincent Hahn (both Banking & Finance), Partner Stefan Hoffmann and Senior Associate Carolin Woggon (both Corporate / Energy). For the Danish law aspects of this transaction, WFW worked closely with its Danish correspondent law firm Bech-Bruun.

Lead Partner Thomas commented: “We are delighted that we have been able to use our significant experience in cross-border energy projects to assist our long-standing client HSH Nordbank on their further business expansion in Scandinavia”.