Watson Farley & Williams Give Advice to Marguerite

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”.