Hamburg – The Canadian power producer Northland Power Inc. (NPI) and RWE Renewables GmbH have agreed to form a joint venture for the co-development of a 1.3 gigawatts cluster of offshore wind projects located in the German North Sea. The three wind projects are expected to achieve commercial operations between 2026 and 2028. Approvals by the regulatory authorities are already granted. The closing of the deal took place in January 2022.
A CMS team headed by lead partner Dr Holger Kraft advised NPI on all legal aspects of the transaction. The engagement resulted from a long-standing client relationship with NPI, that already included the acquisition of shares in the offshore wind project Nordsee One from RWE.
RWE was comprehensively advised by Eversheds Sutherland. The notarisation was executed by Dr. Hauschild in Düsseldorf.
For further information regarding the listed power producer NPI, see https://www.northlandpower.com/en/index.aspx.
For further information regarding the power producer RWE Renewables, see https://www.rwe.com/en/the-group/organisational-structure/rwe-renewables.
CMS Germany
Dr Holger Kraft, Lead Partner
Matthias Sethmann, Principal Counsel
Dr Luise Pelzer, Senior Associate
Marvin Hoffmann, Associate
Dr Stefan Kühl, Associate, all Corporate/M&A
Svenja Kasimir, Associate, Regulatory
Yannik Mügge, Associate, Real Estate & Public
Dr Martin Mohr, Partner
Dr Olaf Thießen, Principal Counsel, both Tax Law
Jürgen Siemers, Partner
Sören Seidel, Partner
Dr Philipp Nonnenmühlen, Senior Associate, all Labor, Employment & Pensions
Christoff Soltau, Partner
Dr Markus Schöner, Partner
Tobias Duhe, Senior Associate, all Competition & EU
Dr Nikolas Gregor, Partner, Intellectual Property
Press Contact
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