Ørsted Sells Stake in Gode Wind 1 to Equitix
Deal News | Mar 06, 2025 | Legal Community Germany
Infrastructure investor Equitix has acquired a 15.2% stake in the German offshore wind farm project Gode Wind 1 from The Renewables Infrastructure Group. Ørsted, the developer and a global leader in offshore wind, retains a 50% stake in the project. Hengeler Mueller acted as legal advisor to Ørsted during the transaction. The advisory team was composed of several partners and associates specializing in M&A, energy, antitrust, FDI, and financing.
Sectors
- Renewable Energy
- Infrastructure Investment
- Legal Advisory
Geography
- Germany – The Gode Wind 1 offshore wind farm is located in Germany, making this location central to the transaction.
- Denmark – Ørsted, a key participant in the transaction, is a Danish company.
Industry
- Renewable Energy – The article discusses an investment in a renewable energy project, specifically an offshore wind farm.
- Infrastructure Investment – Equitix, an infrastructure investor, has acquired a stake in a large-scale infrastructure project, the Gode Wind 1 wind farm.
- Legal Advisory – Hengeler Mueller provided legal advisory services for the transaction, indicating the involvement of the legal sector.
Financials
- 15.2% – The percentage stake acquired by Equitix in the Gode Wind 1 wind farm.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ørsted | Developer/Part owner of Gode Wind 1 | Company | A global leader in offshore wind energy and developer of the wind farm, retaining a 50% stake in the project. |
| Equitix | Acquirer | Company | An infrastructure investor acquiring a 15.2% stake in the Gode Wind 1 project. |
| The Renewables Infrastructure Group (TRIG) | Vendor | Company | The company selling its 15.2% stake in Gode Wind 1 to Equitix. |
| Hengeler Mueller | Legal Advisor | Company | The law firm advising Ørsted in the transaction. |