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CMS advises Statkraft on development of the Triton Knoll Offshore Wind Farm

13/02/2015

CMS in London has advised Norwegian renewable energy company Statkraft on its 50:50 partnership deal with RWE Innogy to jointly develop the £3.9bn Triton Knoll Offshore Wind Farm, off the east coast of England.

The deal will see Statkraft take a 50% stake in the UK wind farm, which has an expected capacity of up to 900MW, enough electricity to meet the energy needs of up to 800,000 average UK households annually.

The team from CMS was led by partners Charles Currier and Munir Hassan, with support from associate Ben James, lawyer Hannah O’Shea and trainee Solicitor Jenny Stoddart from the corporate team. Associates Louise Dalton, Dalia Majumder-Russell and lawyers Rupert Goodman and Lee Donovan advised on the energy aspects while planning partner Ashley Damiral and lawyer Rob Garden also assisted on the transaction.

Commenting on the transaction, Charles Currier, said, “We were pleased to be able to support Statkraft to deliver on their strategy for offshore wind projects. The UK offshore wind market continues to attract significant investment from across the globe, and we are excited to be part of this trend.”

Munir Hassan, Head of Clean Energy at CMS, added: “We continue to advise on some of the largest offshore wind projects in the UK including, most recently, the Dudgeon Offshore Wind Farm project and Hornsea Project One. Our leading roles on these transactions further highlight the firm’s recognised expertise in the renewables sector.”

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Portrait ofCharles Currier
Charles Currier
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Portrait ofMunir Hassan
Munir Hassan
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