DLA Piper has advised NovaWind, a Rosatom State Atomic Energy Corporation's unit responsible for new energy programs in Russia, on its joint venture with Dutch turbine developer Lagerwey to supply 388 turbines to Russian wind farms by 2022.
The joint venture, known as Red Wind, will oversee the marketing, sale, and delivery of turn-key wind turbines as well as after-sales support. Red Wind will also lead the localization program in Russia, contracting and providing qualification to the existing suppliers of NovaWind’s production sites in Volgodonsk.
The transaction was led by Moscow-based DLA Piper Partner Igor Antonyan, assisted by an Amsterdam team of Partners Casper Hamersma and Manon den Boer, Senior Associates Aad Oomen, Jochem Beurskens, and Sophie Gilliam. Further support was given by Leeds-based Finance and Projects Legal Director Stephen Johns and Litigation and Regulatory Senior Associate Azamat Abdulmenov, as well as Moscow-based Corporate Associate Ilya Skalkov.
