Sheppard Mullin Represents RWE in Sale of 75 Percent Interest in 4 Wind Farms
Sheppard, Mullin, Richter & Hampton LLP represented an affiliate of RWE Renewables GmbH (FWB: RWE), one of the world’s leading renewable energy companies, in its agreement to sell in two separate transactions: 1) a 51 percent interest in a portfolio of four onshore wind farms with a total installed capacity of 861 MW, located in Texas, to a subsidiary of Algonquin Power & Utilities Corp (NYSE: AQN); and 2) a 24 percent interest in the same portfolio to Greencoat, a UK-based, leading global renewables investment manager with more than $8 billion of assets under management.
The Sheppard Mullin deal team was led by partner Christine Hourcade-Hoefliger and associate Robert Kay and included partners Andrew Ratts, Leo Caseria and Michael Chan; special counsel Malika Levarlet; and associate Winnie Weil.