Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 16-05-2016 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | Financing for 402-MW Dudgeon Wind-Farm Project, Norfolk | Industry: | Alternative Energy |
| Description: |
Linklaters advised the sponsors on the GBP1.3billion project financing for one of the world's biggest offshore wind farms, being developed off the UK coast.
The 402-megawatt Dudgeon project, under construction off the north Norfolk coast, was the first offshore wind farm to obtain financing under the UK government's new contract for difference (CfD) system for supporting renewables.
Dudgeon was being developed by the Norwegian oil and gas company Statoil (35%), Abu Dhabi's renewable energy company Masdar (35%), and Norway's state-owned electricity company Statkraft (30%).
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| Financial Center: | London | Value: | 1000.01-5000.00 |
| Advised Party: | Equity Sponsor | Law Firm | Linklaters |
| Project Location | United Kingdom | Equity Sponsor | United Kingdom |
| Classification: |
Project Finance Renewable Energy Wind Farms |
Lawyer | John Pickett |
