Taylor Wessing has advised HSH Nordbank, as lender, in connection with the financing of three wind parks located in Migé, Escamps and Clamecy-Oisy (Burgundy, France), consisting of 13 wind turbines with an aggregate nominal power capacity of 26.65MW.
The interest of this transaction resided in the fact that it was split into three distinct but related portions: the German law credit for each wind park being set up on a standalone basis, French law security interests as customary for this type of renewable energy project and German law collaterals.
Several German and French law corporate, commercial and regulatory aspects were also involved and handled by the cross-border Taylor Wessing team.
The transaction involved attorneys from the firm’s renewable energy group located in both Paris and Hamburg. The German team was led by Peter Seemann (banking and finance) and Tillmann Pfeifer (projects), assisted by Indre Waschkeit, Richard Heuser and Tim Witt, and the French team was led by Alfred Fink (commercial real estate), Nicolas de Witt (corporate), Pierre Tallot (banking and finance), Olivier Laffitte (public law and projects) and Christophe Flaicher (taxation), assisted by Peter Schäfer, Dalila Mabrouki, Delphine Bry-Durousseau and Bertrand Hermant.