We've advised Commerzbank Aktiengesellschaft on the project financing of €17,100,000 for the construction of the Yrouerre wind farm in France. The wind farm is being developed by Volkswind GmbH, a member of the Axpo Group, as a sponsor. Equipped with Nordex turbines, the 12 MW wind farm is expected to go on stream in June 2021.
The Simmons team consisted of the Banking partner Dr. Jens Gölz (lead), Yves Baratte (Partner, Projects, France), Elisa Bocianowski (Partner, Real Estate, France), Céline Larmet (Partner, Banking, France), Mathilde de Brugerolles (Supervising Associate, Projects, France), Morgan Nussbaum (Supervising Associate, Banking, France), Sarah Copeland (Associate, Real Estate, France) and Marlin Jürgens (Associate, Banking, Frankfurt).
Partner Jens Gölz commented on the cooperation:
"I am very pleased that Commerzbank AG and the sponsor Volkswind GmbH will continue the deep and trusting relationship with my new law firm Simmons & Simmons. We are very much looking forward to further projects in France. These transactions are also a model for the excellent cooperation - across borders and industries - that is what Simmons & Simmons stands for!"