Watson Farley & Williams (“WFW”) has advised WKN AG, a subsidiary of PNE WIND AG, on the financing of the “Apensen II” onshore wind farm in Buxtehude, Lower Saxony. The wind farm consists of two wind Nordex N117 turbines with a capacity of 3 MW. The financing was effected by Commerzbank Aktien-gesellschaft, Hamburg. All loans were disbursed in July 2015 and the wind farm will be operational in 2016.

The lead partner Dr. Stefan Kilgus comments: “We are delighted that Watson Farley & Williams has advised WKN AG for the first time. With this interesting project financing, we have again strengthened our business relationship with our client PNE WIND.”