Stibbe advises Belgian infrastructure funds

BE Law

Stibbe assisted Belgian infrastructure funds DG Infra, Inframan, DHAM and PMF (PMV) as subordinated lenders in the EUR 850 million project finance of the Northwind offshore wind power project, financed by a large group of commercial lenders, the European Investment Bank, and several export finance agencies.

This transaction was the third major offshore wind project that was completed in Belgium (after Belwind and C-Power) in a very difficult financial market. It was named the renewable deal of the year at the PFI Awards 2012.