WATSON FARLEY & WILLIAMS

Comment: This highly recommended firm for energy law is an established advisor for wind transactions whose reputation as a first stop for advice on finance and deals with onshore and offshore wind farms precedes it. WFW typically advises banks, e.g. advice on financing offshore wind farm Deutsche Bucht and a series of wind farm finance ventures in Scandinavia. The practice works for investors and project companies: it advised PNE Wind on selling shares in a wind farm portfolio. Work in regulatory and approval law and advice on direct marketing, network charges and the reallocation charge under the Renewable Energies Act round off Jordan’s practice, but are more in the background, both strategically and in competitors’ perception. WFW is planning to diversify in the changing energy world: the Frankfurt office has a new setup and WFW is building expertise in the debt capital market and disputes.
Strengths: Much experience in wind projects.
Development potential: WFW long ago identified conventional energy projects as a field it wanted to tap. In addition to previous efforts to broaden the practice, the firm will need a lateral to really get in on the hard-fought market.
Recommended: Dr. Malte Jordan (“a long-standing cooperation based on trust”, client), Thomas Hollenhorst (“competent, pragmatic, collegial”, competitor).
Practice: Advice to banks and investors on offshore wind projects, incl. for project developers; experience in photovoltaic and onshore wind projects. Also ?private equity and venture capital. (14 partners, 20 associates)
Clients: ?? PNE Wind on sale of part of 142MW wind farm portfolio to AGI; international bank consortium on financing offshore wind farm Deutsche Bucht; Axpo Group on sale of wind farm portfolio by subsidiary Volkswind to Chorus Clean Energy; BayernLB on portfolio financing for 12 solar photovoltaic plants; HSH Nordbank on financing Danish solar farm Vandel.
  • Teilen