Clifford Chance, Linklaters and French firm Jeantet have advised on a €2 billion multinational project to build a maritime wind farm off Fécamp on the northern coast of France.

The future Fécamp offshore wind farm is the largest such project to be funded during the current COVID-19 health crisis, Clifford Chance said in a statement.

It will "significantly contribute to the French state's objective of achieving 33% renewable energy in the country's electricity consumption by 2030," the firm said.

The project is being overseen by Eolien Maritime France, a joint venture of EDF Renouvelables, the renewable energy arm of the French electric utility EDF; Enbridge, a publicly listed energy infrastructure company based in Canada, and WPD Offshore, a renewable energy company based in Germany.

Clifford Chance advised Eolien Maritime France, fielding a team that included partner Daniel Zerbib on finance; partner Gauthier Martin on public law, energy and state aid; partner Charles-Henri Boeringer on regulatory law; partner Laurent Schoenstein and counsel Xavier Petet on corporate law; partner Dessislava Savova and counsels Anne-Sophie Plé, Olivier Gaillard and Alexander Kennedy on industrial contacts and construction, and counsel Fabien Jacquemard on derivative products.

Linklaters advised the project financiers and the European Investment Bank, with a team led by partner François April and including counsel Samuel Bordeleau on project finance, energy law, and industrial contacts and construction; partner Pierre Guillot on public law; partner Pierre Zelenko and counsel Nicolas Zacharie on state aid, and partner Thomas Schulz on German law. The firm also advised on aspects specific to the European Investment Bank with a team led by partner Bertrand Adriani and including counsel Justin Faye.

The élite French firm Jeantet advised Enbridge, with a team that included partner Karl Hepp de Sevelinges and counsels Ruben Koslar and Nicolas Martin on corporate law and industrial contracts, and counsel Adrien Fourmon on public law. Partner Jean-François Adelle advised Enbridge and its subsidiary EIH on financing.

For Clifford Chance, this is the latest in a string of major French deals this year. Within the past couple of months, the firm has advised on two further multibillion-euro financing deals, designed to help shore up the ability of French companies to withstand the economic impact of the COVID-19 crisis.

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Clifford Chance Leads On 2 Multibillion-Euro Deals in France