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White & Case Advises Neoen on 404 MW Finnish Onshore Wind Farm

Global law firm White & Case LLP has advised Neoen S.A on the €328 million project financing of the 404 MW Mutkalampi onshore wind power plant in North Ostrobothnia and Central Ostrobothnia, Finland.

The Mutkalampi wind farm is supported by ten-year power purchase agreements with Google and a consortium of four major Dutch offtakers. The senior debt is being provided by MEAG.

Headquartered in Paris, Neoen is one of the world's leading independent producers of renewable energy, with a capacity of 4.1 GW currently in operation or under construction.

White & Case has advised Neoen on several of its wind farm projects in Finland to-date, including the successful construction and financing of the 81MW Hedet wind farm in 2018 and 2019 and the construction of a 30MW battery storage project in late 2019 and early 2020.

The White & Case team which advised on the transaction comprised partners Carina Radford and Richard Hill (both London) and François-Guilhem Vaissier and Paule Biensan (both Paris), and associates Samantha Sutton, Paddy Mohen and Zsofia Cassidy (all London) and Louis-Jérôme Laisney (Paris).

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