Clifford Chance LLP

09/20/2022 | News release | Distributed by Public on 09/20/2022 08:48

Clifford Chance advises Partners Group on its sale of a 20% stake in Dutch offshore windfarm Borssele

Clifford Chance advises Partners Group on its sale of a 20% stake in Dutch offshore windfarm Borssele

International law firm Clifford Chance has advised long-standing client Partners Group, a leading global private markets firm, acting on behalf of its clients, on the sale of a 20 percent stake in the Dutch offshore windfarm Borssele III / IV (or "Borssele") to Swiss Life.

Borssele is a fully operational offshore windfarm comprised of 77 turbines which began operations in 2021. The windfarm is designed to generate 3,000 GWh of energy annually, which is enough to power approximately 825,000 Dutch households. Partners Group invested in Borssele in June 2018 as part of its thematic approach to investing in infrastructure assets that benefit from decarbonization trends.

The multi-practice, cross office team was comprised of the London M&A team led by Charlotte Madden and Spencer Baylin with support from CiarĂ¡n Cronin, Claudia Carr, and Caitlin Hagart. Antitrust and Foreign Direct Investment support was provided by Jenny Storey, Sue Hinchcliffe and Anna Zanazzo. Liesbeth Buiter led the Amsterdam team and was supported by Julia Van Huesden, Pieter Leefers, Luc van Oosterhout, Philip Walsh, Michiel Sunderman and Alec Sanderson.