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Energy & Utilities

WFW advises DONG Energy on shareholder refinancing of £224m of a minority stake in the 367 MW Walney wind farm

08 Jan 2013

Watson, Farley & Williams (WFW), a leading international law firm, is pleased to announce that it has advised DONG Energy on the refinancing by OPW (a joint venture between Dutch investment firm Ampere Equity Fund and Dutch pension fund manager PGGM) and holder of a 24.8% stake in the 367 MW Walney wind farm off the UK coast.

Hogan Lovells advises Iberdrola in relation to the sale of 32 wind farms in France

08 Jan 2013

Hogan Lovells has advised the Spanish company Iberdrola, the world leader in wind energy and one of the world's top power companies, in relation to the sale of 32 operating onshore wind farms in France to a consortium of EDF Energies Nouvelles (20%), MEAG, asset manager of Munich Re and ERGO (40%), and GE Energy Financial Services (40%).

The transaction is valued at €350 million, plus an additional €50 million depending on wind resources at the wind farms.