DLA Piper has advised NovaWind, a Rosatom State Atomic Energy Corporation's unit responsible for new energy programmes in Russia, on its joint venture with Dutch turbine developer Lagerwey, to supply 388 turbines to Russian wind farms by 2022.
The joint venture, known as Red Wind, will oversee the marketing, sale and delivery of turn-key wind turbines as well as after-sales support. Red Wind will also lead the localisation program in Russia, contracting and providing qualification to the existing suppliers of NovaWind’s production sites in Volgodonsk.
The transaction was led by Moscow-based Corporate partner, Igor Antonyan, assisted by an Amsterdam team of Corporate partners Casper Hamersma and Manon den Boer, senior associates Aad Oomen and Jochem Beurskens, and Litigation and Regulatory senior associate Sophie Gilliam. Further support was given by Leeds-based Finance and Projects legal director, Stephen Johns, Litigation and Regulatory senior associate Azamat Abdulmenov and Corporate associate Ilya Skalkov in Moscow.