The refinancing of Deutsche Bucht offshore windfarm that WFW advised on, has won the Top Refinancing award at inspiratia’s Energy and Sustainability Awards.
The deal was signed 29th September 2021 and is expected to close by the end of the year.
Berlin-headquartered Perpetua focusses on long-term investments into stable, small and medium-sized enterprises across Europe.
Watson Farley & Williams (“WFW”) has advised the Hensoldt group (“Hensoldt”), leading German manufacturer of defence technology, on establishing a joint venture in advanced 3D printing systems with Israel-based Nano Dimension.
Construction is to begin in 2022, with commercial operation to be achieved the following year. Once operational, it will generate green energy equivalent to the electricity needs of up to 290,000 households.
The German Government has issued a draft for a substantial revision of the Renewable Energy Act, with a view to paving the way to achieving national climate targets.
TWG currently consists of 22 tanks with a total storage capacity of circa 74,000 cubic metres located in the port of Hamburg.
The transaction was approved, subject to conditions, earlier in the year and involved the financial and commercial arrangements relating to the acquisition by TUIC of the HL Cruises’ business, including its luxury and expedition fleet, consisting of two five-star plus category luxury vessels and three expedition cruise ships.
WFW advises CIP on investment in four German offshore grid connections for North Sea wind farms26 March 2020
The portfolio comprises the BorWin1, BorWin2, HelWin2 and DolWin2 transmission lines and converter stations, which were the first HVDC systems to connect offshore wind farms to the grid.
The deal includes the acquisition of HL Cruises’ luxury and expedition fleet, consisting of two five-star plus luxury vessels and three expedition cruise ships, by TUI Cruises.