The Energy Decree introduces urgent measures for controlling electricity and natural gas costs, the development of renewable energy and the relaunch of industrial policies.
WFW has been involved with the Beleolico project since its inception in 2011, assisting Belenergia on due diligence phase and on the administrative aspects of the financing.
The project, led by Swedish energy company Vattenfall is expected to become fully operational in 2023 and is the first non-subsidised wind farm project in the Netherlands.
The refinancing of Deutsche Bucht offshore windfarm that WFW advised on, has won the Top Refinancing award at inspiratia’s Energy and Sustainability Awards.
Join Watson Farley & Williams and NERA Economic Consulting for our webinar on ‘Germany’s Latest Offshore Wind Auction – A Sign of Things to Come? Legal and Economic Perspectives’ on 30 September.
While 2020 proved to be a challenging year for offshore oil and gas markets, the same cannot be said about offshore renewables, which saw substantial growth. Offshore renewable projects achieved an estimated record project sanctioning of US$56bn, which, for the first time, represents a higher amount than offshore oil and gas.
We advised floating wind expert BlueFloat Energy on the formation of its new partnership with onshore wind community engagement pioneer Falck Renewables and world-leading Danish offshore wind developer Ørsted to participate in the upcoming ScotWind leasing round.