Wikborg Rein contributes to the realisation of the 200 MW Tonstad wind farm

We have assisted the renewable energy fund manager SUSI in their acquisition of 80% of the shares in Tonstad Vindpark AS, a company holding a license to build and operate the 200 MW Tonstad wind farm in Norway.

Our work, ongoing since the autumn of 2017, comprises due diligence, negotiation of transaction agreements, project development agreements and financing agreements, as well as advice on various project development and regulatory matters. The deal was successfully closed on Friday 29 June 2018. The notice to proceed was given to the turbine supplier on the same day, meaning that this wind farm will now be realised.

The team advising SUSI in this matter consists of Ole Henrik Wille as partner in charge, Caroline Skaar Landsværk, Ingeborg Collett, Tormod L. Nilsen, Adnan Maric, Vidar Løhre and Preben Milde Thorbjørnsen.