Linklaters Advised Macquarie Asset Management On Sale Of Remaining Interest In East Anglia One offshore Wind Farm To Octopus Energy

Linklaters advised Macquarie Asset Management on sale of remaining interest in East Anglia One offshore wind farm to Octopus Energy

Linklaters has advised global asset manager Macquarie Asset Management on the sale of its remaining 10% interest in the East Anglia One offshore wind farm (EA1) to energy supplier Octopus Energy.

EA1 is one of the world’s largest operational offshore wind farms, with a capacity of 714MW across 102 turbines, supplying green energy to 700,000 homes annually.

Linklaters’ relationship with the asset is longstanding, having previously advised Macquarie Asset Management on its acquisition of a 40% stake in EA1 from Iberdrola-owned Scottish Power Renewables in 2019.

The Linklaters team was led by Ross Schloeffel (Partner, Energy & Infrastructure, London) and Nicole Meyer (Partner, Corporate, London), supported by David Leeming (Managing Associate) and Nadia Desmond (Associate), Jared Ovsiowitz (Associate), and Cecilia Murray Brown (Associate), bringing together expertise from Corporate, Energy & Infrastructure, Tax, and Real Estate teams.

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