WKN AG, a leading developer of wind energy farms based in Germany, concluded a framework agreement with John Laing Investments Ltd at the beginning of the year regarding the future acquisition of international wind energy projects: 50MW in France and 40MW in Poland.
The investment in France is composed of projects to be launched successively in the next two years. Each purchase agreement will be subject to building and operational approval of the projects. WKN will be responsible for the construction of the projects, and will be commissioned as EPC contractor by John Laing Group plc.
John Laing is an international originator, active investor and manager of infrastructure projects. Its business is focused on major transport, social and environmental infrastructure projects awarded under governmental public-private partnership (PPP) programs, and renewable energy projects, across a range of international markets including the UK, France, other European countries, Asia Pacific and North America. WKN have planned, installed and operated turnkey wind energy farms since 1990, with a current total of about 1,300 megawatts capacity across the globe.
John Laing was advised by De Gaulle Fleurance & Associés (Sylvie Perrin, Nicolas Chazarain and Gaia Witz) on all the aspects of the investment in the French Projects, and more specifically with respect to the audit of the portfolio, the drafting and negotiation of the Framework Agreement, the acquisition and financing thereof, in coordination with Noerr for the German law aspects of the transaction.… WKN was advised by Norton Rose Fulbright in Munich (Sebastian Frech).
Since its inception in 2001, De Gaulle Fleurance & Associés has a strong Mergers & Acquisitions practice, including in the energy sector. De Gaulle Fleurance & Associés’ M&A practice appears every year in all major international rankings (Chambers, Legal 500 and Leaders League).