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Watson Farley & Williams Give Advice to Marguerite

'WFW' has advised Marguerite II SCSp, Luxembourg, an independent fund investing in European infrastructure, on the project financing of the 42 MW Heat Wind Farm in Sweden.

Image: PixabayImage: Pixabay

The wind farm comprises 10 Vestas V136 wind turbines of 4.2 MW each and is being built under a construction and asset transfer agreement with OX2 Construction AB. The project was acquired by Marguerite from Swedish developer OX2 Wind Production AB.

Marguerite has now entered into a long-term KfW-backed debt financing provided by German NORD/LB. The WFW Germany Banking & Finance team advising Marguerite was led by Partner Thomas Hollenhorst and supported by local Swedish counsel Vinge.

Hollenhorst commented: “We are delighted to have advised Marguerite once again on the German law financing of a Swedish wind farm. This not only demonstrates the renewables investment opportunities available in Sweden, but also underpins the important role of KfW-backed project financings in the Nordic renewables market generally”.

Windfair Staff
WFW, Watson Farley & Williams, advice, Marguerite, Sweden, wind farm, Heat, Vestas, councel

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