Law firm Eversheds Sutherland supported the Forewind consortium’s division of the four consented Dogger Bank wind farms totalling 4.8GW in the North Sea.
The Eversheds team advised on the corporate and real estate aspects of the deal, the company said.
Developers Innogy, SSE and Statoil each held separate stakes in all four of the 1.2GW wind farm projects prior to last week’s deal.
Statoil and SSE now each hold 50% stakes in Creyke Beck A, B and Teesside A, while Innogy owns 100% of the Teesside B project.
“We are delighted to have worked with the shareholders on this project swap,” said corporate partner Jason Lovell, who led the Eversheds team.
“The transaction was only made possible through a huge amount of teamwork and coordination between us.”
Image: reNEWS
