Watson Farley & Williams (WFW) has advised Credit Suisse Energy Infrastructure Partners (CSEIP) on the € 340 million financing of the acquisition of a 25% stake in the Arkona offshore wind farm from Norwegian energy company Equinor.
The financing was arranged by Goldman Sachs. The 385 MW offshore wind farm, which is located in the German Exclusive Economic Zone in the Baltic Sea and comprises of 60 Siemens Gamesa 6MW turbines, was opened in April 2019. Following the transaction, Equinor retains a 25% interest in the wind farm and RWE Renewables remains its operator with a 50% stake.
