Hogan Lovells advises lenders on more than £2bn of OFTO projects

Hogan Lovells has advised the lenders to the Blue Transmission consortium (comprising Macquarie Capital Group Ltd, Diamond UK Transmission Corporation wholly owned by Mitsubishi Corporation, and Barclays Integrated Infrastructure Fund) on its successful bid to acquire and operate the offshore transmission link to the 630MW London Array wind farm.

The London Array OFTO was acquired by Blue Transmission for £459m.

Hogan Lovells also recently advised the lenders to Blue Transmission on its successful bid to acquire and operate the 317MW Sheringham Shoal OFTO for £193m.

The Hogan Lovells team advising the lender groups on the two transactions was led by London infrastructure and project finance partners Andrew Gallagher and Andrew Briggs, supported by of counsel Emma Clarke, senior associates Charles Ford and Carla Luh, and associates Nathan Buckley, Mark Nash and Tom Spinks.

A separate Hogan Lovells team led by partner Philip Robb, together with of counsel Kavita Kishor and associate Katy Bagerman, advised the European Investment Bank on the London Array project.