Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 31-03-2014 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | DONG Energy Disposal of Westermost Rough Offshore Windfarm Interest | Industry: | Alternative Energy |
| Description: |
Slaughter and May advised DONG Energy on its proposed disposal of a 50% interest in the 210MW Westermost Rough offshore windfarm to a joint venture established between Marubeni Corporation and UK Green Investment Bank plc, and on the terms of certain related financing, construction management, operations and maintenance and power purchase arrangements.
The Westermost Rough offshore windfarm is currently in construction off the coast of Yorkshire. It is expected to be the first large-scale commercial windfarm to deploy Siemens' 6 MW direct drive turbines.
Corporate and Commercial: Tim Pharoah (partner), David Bicknell (partner), Murray Cox (associate), Richard Todd (associate), Clare Halliday (associate), James Wyatt (associate), Jamie Macpherson (associate), Sarah John (associate), Crystal Chan (associate) and Jamal Saleh (associate); Tax: Tony Beare (partner), Thomas Jarvis (associate).
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Seller | Law Firm | Slaughter and May |
| Assets Jurisdiction | United Kingdom | Purchaser Jurisdiction | United Kingdom |
| Classification: |
Transfer of Infrastructure Assets Renewable Energy Assets Wind Farm Assets |
Lawyer | David Bicknell |
