Cases & Deals

Parkwind acquires offshore wind project in German Baltic Sea

Client(s) Parkwind NV

Jones Day advised Parkwind NV, a leading offshore wind company headquartered in Leuven (Belgium), on its acquisition of KNK Wind GmbH from WV Energie AG, Bad Vilbel, and Stadtwerke Bad Vilbel GmbH. KNK Wind GmbH successfully participated in the second German auction for offshore wind, in which the German Federal Network Agency (Bundesnetzagentur) granted it the right to build and operate the ARCADIS Ost 1 offshore wind farm in the German Baltic Sea with 247 MW capacity.