Watson Farley & Williams (WFW) advised EWE AG on the sale of its stake in the alpha ventus offshore wind farm to Ocean Breeze Energy, the firm announced. The transaction is expected to be completed in Q4 2026.
The WFW Energy team was jointly led by Hamburg Corporate Partners Carolin Woggon and Dr Marcus Bechtel, working with Frankfurt Counsel Christian H. Hinzmann and Associate Michel Dohmen. Hamburg Partner Dr F. Maximilian Boemke advised on regulatory matters.
Chambers and Co. since 2004.
Alongside existing shareholders RWE and Vattenfall, EWE is selling its interests in Germany’s first offshore wind farm. Located approximately 45 kilometres north of Borkum, the wind farm was commissioned in 2010 with 12 turbines and a total installed capacity of 60 MW. Following the acquisition, Ocean Breeze Energy will continue operating the project beyond its originally planned 20-year lifespan.
EWE, based in Oldenburg, is a regional utility provider active in the energy, telecommunications and information technology sectors. Ocean Breeze Energy owns and operates the BARD Offshore 1 wind farm and is wholly owned by funds managed by Macquarie Asset Management.
For detailed information, as well as the picture copyright, please see the law firm’s original article here: https://www.wfw.com/press/wfw-advises-ewe-on-sale-of-stake-in-german-offshore-wind-farm/
