Loyens & Loeff advised the Province of Fryslân on its acquisition of a minority stake in the capital of Windpark Fryslân Holding B.V.
Loyens & Loeff advised the Province of Fryslân on its acquisition of a minority stake in the capital of Windpark Fryslân Holding B.V. in return for an equity investment of EUR 20,000,000. The Province of Fryslân has furthermore granted Windpark Fryslân Holding B.V. a EUR 80,000,000 subordinated shareholder loan. A consortium of ten banks provides an additional amount of approximately EUR 700,000,000.
Windpark Fryslân will develop, construct and operate a wind farm in Fryslân consisting of 89 turbines, generating 382.7MW. The wind farm is being built in the Dutch IJsselmeer south of the Afsluitdijk and six kilometres off the Frisian coast. The wind farm will generate enough sustainable electricity to power approximately 500,000 households and contributes more than 70% to the Frisian target of 530.5 MW of wind energy in 2020. Once completed, the wind farm will be the world’s largest wind farm in inland water. The first turbines of the wind farm are expected to deliver their first electricity as early as 2020. The wind farm will be fully operational in 2021.
Loyens & Loeff provided the Province of Fryslân with corporate, finance and tax advice. The Loyens & Loeff team consisted of Frank Leijdesdorff, Joukje Baur, Koen Panis, Myrthe Thomassen, Lara Haanraadts, Alexander Bosman, Renate Meijer, Erwin Bosma, Marc Custers, Max Oosterhuis, Guido Koop, Roland de Vlam and Martijn Schoonewille.
FrankLeijdesdorff
Partner Attorney at lawFrank L. Leijdesdorff, attorney at law, is a member of the Corporate practice group.
T: +31 20 578 57 85 M: +31 6 51 28 93 05 E: frank.leijdesdorff@loyensloeff.com
KoenPanis
Partner Attorney at lawKoen Panis is a partner in our Brussels office where he is a member of the Banking & Finance Practice Group, the Energy Team and the Real Estate Team. He specialises in international and local finance transactions.
T: +32 2 773 23 90 M: +32 497 53 38 36 E: koen.panis@loyensloeff.com
MyrtheThomassen
Senior associate Attorney at lawMyrthe Thomassen, attorney at law, is a member of the Banking & Finance practice group and the Energy team.
T: +31 20 578 59 55 M: +31 6 22 10 93 74 E: myrthe.thomassen@loyensloeff.com
LaraHaanraadts
Associate Attorney at lawLara Haanraadts, attorney at law, is a member of the Competition & Regulatory practice group and a member of the Healthcare team.
T: +31 20 578 52 16 M: +31 6 10 89 72 38 E: lara.haanraadts@loyensloeff.com
RenateMeijer
Associate Deputy Civil Law NotaryRenate Meijer, deputy civil law notary, is a member of the Corporate/M&A practice group.
T: +31 20 578 52 35 M: +31 612 29 67 85 E: renate.meijer@loyensloeff.com
ErwinBosma
Deputy Civil Law Notary AssociateErwin Bosma, Deputy Civil Law Notary is a member of the Corporate/M&A practice group.
T: +31 20 578 51 32 M: +31 629 53 17 91 E: erwin.bosma@loyensloeff.com
MarcCusters
Counsel Attorney at lawMarc Custers, counsel in the Competition & Regulatory practice group in the Amsterdam office.
T: +31 20 578 52 63 E: marc.custers@loyensloeff.com
MaxOosterhuis
Partner Attorney at lawMax Oosterhuis, attorney at law, heads the Loyens & Loeff Energy Team.
T: +31 10 224 67 30 M: +31 10 404 75 90 E: max.oosterhuis@loyensloeff.com
GuidoKoop
Partner Attorney at lawGuido Koop, attorney at law, is a member of the Competition & Regulatory practice group.
T: +31 10 224 65 20 M: +31 6 53 42 48 77 E: guido.koop@loyensloeff.com
Roland de Vlam
Counsel Attorney at lawRoland W. de Vlam, attorney at law, chairs the Loyens & Loeff Energy Team.
T: +31 20 578 55 17 E: roland.de.vlam@loyensloeff.com
MartijnSchoonewille
Partner Attorney at lawMartijn Schoonewille, attorney at law, is a member of the Banking & Finance practice group.
T: +31 20 578 57 35 M: +31 6 51 86 27 25 E: martijn.schoonewille@loyensloeff.com