DONG Energy €1.170 Million divestment of a 50% stake in offshore wind farm Borkum Riffgrund 2

Hengeler Mueller advised DONG Energy on the divestment of a 50% stake in offshore wind farm Borkum Riffgrund 2 to Global Infrastructure Partners Clifford Chance advised the buyer.

ONG Energy signed an agreement to divest of a 50% stake in the German offshore wind farm Borkum Riffgrund 2 to Global Infrastructure Partners (GIP). The total price amounts to approximately EUR 1,170 m.

 

DONG Energy is currently constructing the project that will consist of 56 turbines with an aggregate capacity of 450MW in the North Sea. DONG Energy will provide operation and maintenance services and market the power production. The acquisition is subject to approval by the cartel authorities.

Clifford Chance advised Global Infrastructure Partners with Björn Heinlein (Picture) (Corporate / Energy), Dr. Florian Mahler (Banking), Mathias Elspaß (Public Law), Olaf Mertgen (Tax), Marc Besen (Antitrust), Werner Brickwedde (M&A), Martin Weitenberg (Corporate / Energy), Dimitri Slobodenjuk (Antitrust); Philipp Büsch (Public Law), Zaid Mansour (Corporate / Energy ), Torben Lührmann (Corporate/M&A), Necla Ilhan (Banking).

Hengeler Mueller advised DONG Energy on the divestment comprehensively. The Hengeler Mueller team was led by partner Nicolas Böhm and included the partners Jens Wenzel (both M&A, Berlin), Jan D. Bonhage (Public Law, Berlin), Thorsten Mäger (Antitrust, Düsseldorf), Martin Klein (Tax, Frankfurt) and Nikolaus Vieten (Financing, Frankfurt), counsels Andreas Breier (M&A/Energy, Berlin) and Jörg Meinzenbach (Antitrust, Düsseldorf) as well as associates Sebastian Schneider (M&A/Energy, Berlin), Jonas Brost and Mandana Bahrampour (both M&A, Berlin), Marc Roberts (Public Law, Berlin), Steffen C. Hörner and Marius Marx (both Tax, Frankfurt), Matthias Berberich (IP, Berlin) and Stephan Häfele (Financing, Berlin).

 

Involved fees earner: Nicolas Böhm – Hengeler Mueller; Jens Wenzel – Hengeler Mueller; Andreas Breier – Hengeler Mueller; Sebastian Schneider – Hengeler Mueller; Jonas Brost – Hengeler Mueller; Mandana Bahrampour – Hengeler Mueller; Jan Bonhage – Hengeler Mueller; Marc Roberts – Hengeler Mueller; Thorsten Mäger – Hengeler Mueller; Jörg Meinzenbach – Hengeler Mueller; Martin Klein – Hengeler Mueller; Steffen Hörner – Hengeler Mueller; Marius Marx – Hengeler Mueller; Nikolaus Vieten – Hengeler Mueller; Matthias Berberich – Hengeler Mueller; Björn Heinlein – Clifford Chance; Werner Brickwedde – Clifford Chance; Martin Weitenberg – Clifford Chance; Zaid Mansour – Clifford Chance; Torben Lührmann – Clifford Chance; Florian Mahler – Clifford Chance; Necla Ilhan – Clifford Chance; Mathias Elspass – Clifford Chance; Philipp Büsch – Clifford Chance; Olaf Mertgen – Clifford Chance; Marc Besen – Clifford Chance; Dimitri Slobodenjuk – Clifford Chance;

Law Firms: Hengeler Mueller; Clifford Chance;

Clients: Global Infrastructure Partners; DONG Energy A/S;