Wind Turbine Blades

WFW advises Industrielle Werke Basel on the acquisition of a wind farm portfolio in northern France

4 February 2013


Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised IWB (Industrielle Werke Basel) on the acquisition of the Atrebatie wind farm project in the Pas-de-Calais region of France from German project developer OSTWIND International (“OSTWIND”). WFW advised on all the legal and tax aspects.

The wind farm project consists of four individual wind farms comprising 14 wind turbines with a total capacity of 42 MW. The planned energy production is anticipated to be greater than 100 GWh annually.

The site development began in September 2012, and the commissioning of the wind farm is planned for autumn 2013. IWB has acquired the wind farm turnkey, with OSTWIND continuing to provide the operational management of the wind farm.

IWB, a Swiss utility covering Basle and north-western Switzerland, is committed to investing approximately 300 million Swiss francs in renewable energy projects in Switzerland and other European countries until 2015 to ensure Basel’s electricity supply is ultimately 100% sourced from renewable energy. With the acquisition of the Atrebatie wind farm project and others in Germany and France since 2011, IWB’s energy portfolio has gained an additional 350GWh.

The Watson, Farley & Williams team was led by partner Eric Diamantis (Corporate, Paris) and Dr. Marcus Bechtel (Corporate, Hamburg). They were supported by partners Thomas Hollenhorst (Finance, Hamburg), Romain Girtanner (Tax, Paris) and Gerrit Bartsch (Tax, Hamburg) as well as associates Tanja Mado (Corporate, Hamburg), Marcus Mützelburg (Finance, Hamburg), Laurent Battoue, Thomas Lugez, Julien Barba, Evis Linfoot and Peter Schmid (all Corporate, Paris).