Norton Rose Fulbright advises two major wind power actors on their partnership in Taiwan

Global Business December 26, 2018

Global law firm Norton Rose Fulbright has advised French company EOLFI, one of world’s main actors in floating wind projects development, and Cobra Concesiones, a Spanish industrial company specialised in renewable energies, on the completion of their partnership in Taiwan. Cobra’s shareholding in Eolfi Greater China, a subsidiary of EOLFI, has been active in Taiwan since 2012. The merger was completed on December 21, 2017 and will mean will Cobra will become Eolfi Greater China’s main shareholder.

The partnership between the two companies will particularly foster the development project of five commercial floating wind farms, with a target size of 500 MW each, initiated by Eolfi Greater China and planned to be commissioned by 2022. This project should create the biggest commercial floating wind farm in the world.

Anne Lapierre, head of energy in Paris, commented:

“We are proud to have advised Eolfi and Cobra Concesiones on this operation that marks a new stage in the development of floating wind farms projects. This partnership will create synergies between these two companies and confirms the growing trend of wind energy projects in Asia and on a global scale.”

The Norton Rose Fulbright team advising EOLFI and Cobra Concesiones was led by Anne Lapierre, assisted by of counsel Thomas Rabain and associate Pierre Thévenin Montefiore.

Other legal counsel: Law firm Lee and Li, Attorneys-at-Law, with a team led by Julia K. F. Yung, also advised both parties on the Taiwanese law aspects of the transaction.

For further information please contact:

Carole Guettier, Senior business development manager, Norton Rose Fulbright
Tél: + 33 (0)1 56 59 52 75

Charles Billiard, Communication Executive, Norton Rose Fulbright
Tél: + 33 (0)1 56 59 52 96

Notes for editors:

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africaand the Middle East.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg.

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Global Co-Head of Energy