WFW advises on LEFGL French pilot floating offshore wind farm financing and due diligence
The project is being developed by OW, a joint venture between Engie and EDP Renewables.
The project is being developed by OW, a joint venture between Engie and EDP Renewables.
The Energy Decree introduces urgent measures for controlling electricity and natural gas costs, the development of renewable energy and the relaunch of industrial policies.
The financing, which has a maximum maturity term of 15 years, is the largest ECA-backed green loan Iberdrola has ever signed.
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 transaction concerns the agreement between GreenIT and CI IV for the construction of two floating offshore wind farms in Sicily and Sardinia.
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.
Two deals the firm advised on won awards at ‘The Asset Triple A Infrastructure Awards 2021’, both relating to the booming Taiwanese renewables sector.
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.
Please wait while you are redirected to the right page...