Magic circle duo act on £1.3bn financing for one of the world's largest offshore wind farms
Linklaters and Allen & Overy land roles for the developer and banks behind the Dudgeon Offshore Wind Farm off the north Norfolk coast
May 13, 2016 at 06:39 AM
2 minute read
Allen & Overy (A&O) and Linklaters have both landed roles on a £1.3bn financing deal for one of the world's largest offshore wind farms.
The pair has advised on the financing for the 402MW Dudgeon Offshore Wind Farm, which is due to be built 20 miles off the north Norfolk coast.
A&O advised the consortium of nine banks financing the deal, which includes Siemens Bank, Societe Generale, and Credit Agricole Corporate and Investment Bank.
The firm's team on the deal was led by London-based project finance partner Chris Andrew and included projects partner Sheila Connell.
Andrew said the deal was a "landmark" as it was reached under the government's new and complex 'contract for difference' system, which guarantees developers a set price for the electricity they produce.
He added: "Detailed preparatory work meant financing on this project was nevertheless executed very quickly."
Linklaters advised the sponsors of the project with a team led by projects partner John Pickett.
The developers of the wind farm are Norwegian oil & gas company Statoil, Abu Dhabi renewable energy company Masdar and Norway's state-owned electricity company Statkraft – which own 35%, 35% and 30% of the project respectively.
The wind farm is set to be operational in 2017.
Other key wind farm developments have seen Herbert Smith Freehills and Baker & McKenzie both land roles on the acquisitions of two Australian wind farms by Southeast Asian energy giants Malakoff and Electricity Generating Public Company in 2013.
In 2010, Norton Rose and Eversheds landed the lead roles on £100bn of wind farm projects being developed in part by the Crown Estate, which owns much of the seabed around the UK. DLA Piper, Scots firm McGrigors and legacy Bond Pearce all also landed roles on the projects.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Simmons & Simmons Make Waves with 'Legal Personhood' Initiative for Whales
2 minute read
Leigh Day Cleared of Wrongdoing in £55M Shell Settlement with Nigeria
2 minute read
London Trial Against BHP for Role in Brazil Mining Disaster Begins
Trending Stories
- 1Meta Pulls Plug on DEI Programs
- 2On the Move and After Hours: Meyner and Landis; Cooper Levenson; Ogletree Deakins; Saiber
- 3State Budget Proposal Includes More Money for Courts—for Now
- 4$5 Million Settlement Reached With Stone Academy
- 5$15K Family Vacation Turned 'Colossal Nightmare': Lawsuit Filed Against Vail Ski Resorts
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
