Linklaters advises Ardian on its joint investment with Rabbalshede Kraft in a new wind farm in Sweden to supply Google with clean energy
Linklaters provided consulting services to Ardian in its joint venture with Rabbalshede Kraft, independent Swedish producer of clean energy, to invest in a 76 MW wind farm in Mariestad and Töreboda in Sweden, one of the regions best suited for onshore wind farm construction in Europe.
The project is 75% owned by Ardian and 25% by Rabbalshede Kraft.
In pursuit of its goal of powering all of its activities with renewable energy, Google has already signed a long-term purchase agreement for all of the energy produced by the wind farm. It will also sell Renewable Energy Certificates.
The Linklaters team advising on this project was led by Corporate Partner Bruno Derieux, supported by Counsel Pierre Thomet, and Associate Benjamin Prévost. Projects Partner François April, supported by Associates Samuel Bordeleau and Nathanaël Caillard, as well as Tax Partner Edouard Chapellier, supported by Associate Alexandra Mourlon, also worked on this deal. The Paris office also worked closely with Stockholm and Luxembourg Corporate Associates Elisabet Lundgren and Nicolas Gauzès on the Swedish and Luxembourg law aspects.
Other advisors include: Kallista Energy (technology and legal), MAQS and Wigge (legal), Ernst & Young (tax) and Sweco (technology, environment and markets).
The Linklaters team in Paris is known for its experience in the renewable energy sector, both in M&A and in Project Finance and Tax matters. It regularly provides support for investors, sponsors and banks for large-scale operations.
For further information please contact Aurore Schlumberger on (+33) 1 56 43 27 73.