WFW advises lenders on acquisition of Mitsui’s shares in 97 MW Argentine wind project

Watson Farley & Williams has advised a syndicate of lenders comprising DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, Kreditanstalt für Wiederaufbau and Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V., as well as KfW IPEX-Bank GmbH as arranger and agent, on the acquisition by Mitsui & Co. of a minority stake in the Vientos Los Hércules wind farm project located in the southern Argentine province of Santa Cruz.

The project was developed and initially exclusively owned by Total Eren SA. During the construction phase, Total Eren sold a minority stake in Mitsui & Co. After completion, the wind farm will have a total capacity of 97.2 MW and will consist of 27 wind turbine generators of 3.6 MW each, supplied by Senvion GmbH.