WFW advises PNE on joint venture with Eolus
Watson Farley & Williams has advised PNE Group on the formation of its joint venture with Sweden’s Eolus Group for the development of an offshore wind firm off Latvia’s western coast.
Watson Farley & Williams has advised PNE Group on the formation of its joint venture with Sweden’s Eolus Group for the development of an offshore wind firm off Latvia’s western coast.
The wind farm consists of 22 wind turbines and can produce an average of 100 MWh of electricity per year.
Under the PPA, the power supply is expected to commence in 2024 and run until the end of 2033.