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28 March 20222 minute read

DLA Piper advises LBBW on the financing of H2air's Myosotis wind farm in France

DLA Piper advised the German bank LBBW (Landesbank Baden-Württemberg) in connection with the financing of a 42.6 MW wind farm developed by H2air and located in the Grand Est (Eastern) region in France. The closing took place at the end of December 2021.

LBBW acted as arranger, sole lender and hedging bank for the project. H2air, the project developer, is a renewable electricity producer located in the city of Amiens in the North of France.

The 42.6 MW wind farm will be powered by 12 Vestas V150 turbines connected to the network via a private HT transformer station owned by the H2air group. H2air GT will operate the wind farm.

Advisors to LBBW: DLA Piper with Eric Villateau (Partner), Aurélie Bossert (Senior Associate), Robert Hofbauer (Counsel), Gabriela Von Wietersheim (Senior Associate), and Youssif Adbelrahman, Pauline Reinhard (Associates) on the finance and projects aspects; Jérôme Pentecoste (Partner), Jean-Luc Heckenroth (Counsel) and Théo Armbruster (Associate) on the public law and projects aspects; Raphaël Bera (Partner) and Gwénaël Kropfinger (Counsel) on the tax aspects.