Watson Farley & Williams (WFW) has advised Copenhagen Infrastructure Partners (CIP) on its investment in a wind energy portfolio currently being developed by Forestalia with a final total aggregate capacity of 1+ GW.
The portfolio comprises 27 wind farms with secured grid connection rights in the Spanish province of Teruel. WFW carried out the legal due diligence process, the drafting and negotiation of the share purchase agreement, as well as the development services agreement and other ancillary agreements signed in the framework of the transaction. The transaction was signed on 9 October 2020.