We are proud to have acted as legal advisor to lenders on the EUR 260m project financing for Midgard Vind Holding, a joint venture of Stadtwerke München and TrønderEnergi.
The lenders, SEB and EKF Denmark's Export Credit Agency, were led and represented by SEB as agent. Midgard Vind Holding owns 450MV onshore wind power project comprising of four operational wind farms and four development projects, each located outside of Trondheim in the north-west of Norway. Once constructed, Midgard Vind Holding's cluster of wind farms will be one of the largest wind power clusters in Scandinavia.
The Thommessen team which advised on the transaction was led by partner Ellen Teresa Heyerdahl and included partners Bendik Christoffersen and Jacob Bull, and senior associates Ole Christoffer Ellingsen, Pernille Engstrøm Skaug, Henrik Fabian Torgrimsby and associates Marte Tingstad, Tor Johan Norheim and Ole Nikolai Hemnes.