The HKZ wind farm project is expected to be fully operational as of 2023 and will, with a total installed capacity of 1.5 GW, be the largest offshore wind farm in the world. The renewable energy generated by the wind farm will be sufficient to power the equivalent of up to three million households.
Loyens & Loeff’s cross-border finance team was led by Marc Vermylen and Ehsan Shirzadi, and further consisted of Jenna Athaulla, Alaa Khalifa, Anne van Geen, Anne-Marie Nicolas, Dumani Headley and Marko Huskic. They were assisted by, among others, their colleagues Christine Delagaye, Victor van Nuland, Maurits de Jonge and Roland de Vlam from Energy & Infrastructure, Pim Sünnen, Pjotr Heemskerk, Vincent Vroom, Kim de Bruijn, Martijn Hoefmans and Gerco van Eck. Watson Farley & Williams LLP’s finance and energy teams, led by Hamburg partners Sven Fretthold and Malte Jordan, acted as lead counsel to the lenders.