Walkers' Guernsey Team Advise on Investment Into Offshore Wind Farm

Walkers' Guernsey team have advised on an investment into one of the world's largest operating offshore wind farms.

Teams led by partner Craig Cordle and group partner Kim Paiva advised Equitix on its expanded stake in the Hornsea One windfarm located off the north-east coast of England.

The windfarm, located in the North Sea, 75 miles off the east coast of England, generates green energy for more than one million homes and businesses.

It is owned by a partnership including Equitix, InfraRed Capital Partners Ltd, Global Infrastructure Partners and Ørsted.

The Walkers team advising Equitix on the Guernsey law elements of the acquisition, included Craig's team – working with associates Angela Proctor and Gemma Trencher – on the corporate elements, including re-organisation steps.

Kim's team advised Equitix on the financing of the acquisition.

Craig said: "We are delighted to have advised our clients Equitix on this important transaction, which demonstrates how Guernsey structures are used for all manner of transactions and holdings, including in the area of sustainable finance and infrastructure investment."

Kim added: "We are very pleased to have been able to support this transaction, and to have been able to provide a joined-up service on both the corporate and financing elements of the deal."

Craig CordlePartnerT +44 (0) 1481 748 910craig.cordle@walkersglobal.com
Kim PaivaGroup Partner*T +44 (0)1481 748 906kim.paiva@walkersglobal.com
Angela ProctorAssociateT +44 (0) 1481 748 903angela.proctor@walkersglobal.com
Gemma TrencherAssociateT +44 (0) 1481 748 923gemma.trencher@walkersglobal.com

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