Clifford Chance

Clifford Chance advises on £1.4bn refinancing of the 352.8MW Galloper Offshore Wind Farm

A team led by James Pay and Joseph Woodworth from Clifford Chance's London energy and infrastructure practice has advised the project company and the sponsors (Innogy, Siemens, ESB, Macquarie and Sumitomo Corporation) on the successful £1.4bn refinancing of the 352.8MW Galloper Offshore Wind Farm.

In 2015 Clifford Chance advised the Galloper project when it became the first UK offshore wind farm to obtain pre-construction project financing, and the successful refinancing, which combines commercial bank and institutional debt, is further proof of the current strength of the UK offshore wind market.