Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Global Infrastructure Partners (‘GIP’) on the acquisition of wpd offshore GmbH from wpd AG. As a leading offshore project developer and independent renewables power producer (IRPP), wpd offshore GmbH is active in various European and Asia-Pacific markets.

With this investment, GIP further expands its renewables portfolio, noting offshore wind will be critical to net zero carbon targets and energy transition goals. Completion of the transaction is subject to customary regulatory approvals.

The Freshfields team was led by Global Transactions Partners Natascha Doll (Hamburg) and Patrick Ko (London) and included Counsel Mirko Masek, Principal Associate Carsten Bork, Associates Aleksandar Atanasov, Panagiota Kavvada and Cosmas Weigel (all Hamburg) as well as Partners Richard Lister (London) and Torsten Schreier (Frankfurt), Counsel Tomoko Nakajima (Tokyo), Principal Associate Stefan Bajohr (Düsseldorf), Associates Oscar Berry and Alexandra Sims (both London), Associates Ethan Donovan and Takahiro Sato (both Tokyo), Associate Nora Chekhab (Paris), Tainá Moreira de Araújo (Frankfurt, all Global Transactions).

They were supported in finance related questions by Partner Michael Josenhans, of Counsel Daniel Reichert-Facilides, Counsel Nina Heym and Alexander Ruschkowski, Associate Marlin Jürgens (all Frankfurt) as well as Partner Pascal Cuche, Counsel Tanguy Bardet, Senior Associate David Albertini (all Paris).

Partner David Beutel, Counsel Martin Rehberg, Associate Maximilian Trappmann (all Munich) advised on tax matters.

Advice on antitrust and competition was provided by Partners Paul van den Berg (Amsterdam) and Martin J. McElwee (London/Brussels), Counsel François Gordon (Paris) and Special Counsel Meytal McCoy (Washington), Senior Associate Felix Roscam Abbing, Associates Mark Brabers and Vladya Reverdin (all Amsterdam), Associate Laéna Bouafy (Paris), Partners Helmut Bergmann and Frank Röhling, Counsel Uwe Salaschek, Principal Associate Ilka Oberländer, Associate Lara Steinbach (all Berlin).

The team for employment law matters comprised Partners Boris Dzida and Klaus-Stefan Hohenstatt (both Hamburg), Partner Christel Cacioppo (Paris), Principal Associates Niklas Eckert and Judith Römer, Associates Hubertus Reinbach (all Hamburg) and Lucie Plan (Paris).

Partner Michael Ramb (Düsseldorf/Berlin), Counsel Sascha Arnold (Hamburg), Associate Tobias Klatt (Düsseldorf) advised on environment, planning and regulatory.