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02 October 2019 / deal

Loyens & Loeff advised on the construction of three wind farms totalling 155 MW to be built by Eurus Energy and YARD ENERGY

Loyens & Loeff advised a consortium of banks financing the construction of three wind farms totalling 155 MW in Groningen, the Netherlands, to be built by Eurus Energy and YARD ENERGY.

3 windmills

Windpark Mauve and Windpark Mondriaan will be built near the Port of Delfzijl and will consist respectively of seven and nine wind turbines. Both projects will be financed by Rabobank and Sumitomo Mitsui Banking Corporation. Windpark Vermeer, consisting of 20 wind turbines, will be located approximately 20 km to the south of the two other wind farms, and will also be financed by the two banks, together with ABN AMRO Bank and BNG Bank. Read the full press release of Eurus Energy and YARD ENERGY for more information.

Loyens & Loeff provided the lenders with tax advice. The Loyens & Loeff team consisted of Marcel Buur, Alexander Bosman, Clim Verkoijen and Jerome Aries.