Global law firm Freshfields has advised Kansai Electric Power Co., Inc. (KEPCO) on its majority investment in Simply Blue Energy (OSW) Limited (SBE), an offshore wind development company headquartered in Cork, Ireland. SBE is engaged and has extensive experience in multiple offshore wind projects, including floating offshore wind projects, primarily across Europe. The transaction is KEPCO’s first investment in an offshore wind developer and forms part of its expansion in renewable energy under the Kansai Electric Power Group Zero Carbon Vision 2050. Closing is expected to occur in late 2025.

The Freshfields team was led by partners Nick Jones (London) and Gordon Palmquist (Tokyo), senior associates Maria Zaitseva (London) and Chiyokazu Shindo (Tokyo) and associates Laura Hibbert, Danyela van der Sande and Nii Sekan (all London), with support from partner Takeshi Nakao (Tokyo). Partner James Chapman and associate Emily Strand advised on projects matters and partner Emily Szasz (all London) provided tax advice.

Matheson LLP provided Irish law advice.