White & Case advises Abu Dhabi Future Energy Company (Masdar) on joint venture with Iberdrola Group

Global law firm White & Case LLP has advised Abu Dhabi Future Energy Company (Masdar), Abu Dhabi's leading renewable energy company, on its joint venture with Iberdrola Group, the Spain-based international energy group engaged in electric power generation, transmission and distribution.

Abu Dhabi Future Energy Company (Masdar) and Iberdrola have formed a joint venture to develop and operate project 'Baltic Eagle', a 476 MW offshore wind farm located in the German Baltic Sea valued at approximately €1.6 billion. Iberdrola sold a 49 percent stake in the existing project company to Abu Dhabi Future Energy Company (Masdar).

The White & Case team which advised on the transaction was led by partners Murad Daghles (Düsseldorf), Florian Degenhardt (Hamburg) and Juan Manuel de Remedios (Madrid), and included partners Thomas Burmeister (Düsseldorf), Abdulwahid Alulama (Abu Dhabi & Dubai), Sebastian Stütze, Bodo Bender, Markus Burianski (all Frankfurt), Axel Schulz (Brussels & Düsseldorf) and Tilman Kuhn (Düsseldorf & Brussels), local partners Vasi Papadopoulos (Dubai), Mathis Rust, Thilo Wienke (both Düsseldorf), Matthias Grigoleit (Hamburg) and Federico Parise Kuhnle (Frankfurt), counsel Beate Treibmann (Hamburg), Andreas van den Eikel, Kathrin Athing (both Berlin) and Julio Peralta (Madrid), and associates Philipp Kynast, Timo Heppner, Luisa Kanders, Petra Kistner, Lisa Bär (all Düsseldorf), Daniel Hannuna (Dubai), Diego Hernandez-Sampelayo Lara (Madrid), Sonja Sehr (Frankfurt), Victor Thonke, Robert Bente (both Hamburg) and Nicole Krellmann (Berlin).

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