Watson, Farley & Williams has advised British investment fund, Glennmont Partners (formerly BNPP Clean Energy Partners) in connection with the purchase and financing of two wind farms which were acquired from the Italian developer, Sorgenia.

The two firms which are situated in Frencq (Nord-Pas-de-Calais) and Fresnoy-Folny (Haute-Normandie)have a total output capacity of approximately 22.5 MW.  UniCredit Bank AG and Crédit Industriel et Commercial SA acted as arrangers and lenders.

WFW advised Glennmont Partners on all the legal and fiscal aspects of the transaction, both in relation to the purchase of the two wind farms and with regard to the structuring of the project financing for their construction.

The WFW team was led by Finance partner Eric Villateau, supported by Emmanuel Paillard (Public Law partner), Laurent Battoue (Regulatory Law partner) and Romain Girtanner (Tax partner) as well as associates, Jean-François Tournier (Finance), Claire Gamain and Pierre Ferroud (Corporate), Julien Criard (Real Estate) and Cynthia Gozan (Tax).