Clifford Chance advises a German syndicate of banks in relation to the financing of two wind farms in southern Ontario, Canada. The syndicate of lenders consisting of KfW IPEX-Bank and Landesbank Hessen-Thüringen Girozentrale provides debt finance in the form of EUR and CAD facilities for the construction of the two wind farm projects Springwood and Whittington. Further wind farm projects in that region shall follow.

Project sponsor is wpd europe GmbH, a German corporate that pursues this project via two local subsidiaries in Canada. The installation of the relevant Senvion MM92 turbines is scheduled for summer 2014, while the commissioning of both wind farms with a total capacity of 14.35 MW is scheduled for fall 2014.

The Clifford Chance team is headed by partner Dr. Dietrich F. R. Stiller and includes counsel Dr. Christof Häfner, senior associate Lena Hefele and associate Tobias Spahn (all Banking & Capital Markets, Frankfurt), and partner Markus Muhs (Corporate, Munich) and associate Florian Lechner (Corporate, Frankfurt).