"Linklaters Advises Apollo on $6.5 Billion Investment in World's Largest Offshore Wind Project, Hornsea 3"

"Linklaters has advised Apollo-managed funds on their $6.5 billion investment in a 50% stake in Ørsted’s Hornsea 3, the world’s largest offshore wind project. The 2.9GW Hornsea 3 Offshore Wind Farm, expected to be completed by 2025, will provide renewable electricity to over 3 million UK households. This marks Linklaters' 40th UK offshore wind project advisory, showcasing their expertise in energy transition projects."

Linklaters advised Apollo-managed funds, while Ørsted was the other party involved, on their agreement for Apollo to invest in a 50% stake in Ørsted’s Hornsea 3 Offshore Wind Farm Project. The transaction involves Apollo-managed funds investing approximately $6.5 billion in Hornsea 3, which, upon completion, will be the world’s largest offshore wind project with a capacity of 2.9GW. The project is expected to generate renewable electricity for over 3 million UK households and contribute significantly to the UK’s transition towards a net-zero economy. The transaction is subject to regulatory approvals and is anticipated to close before the end of 2025. The Linklaters team advising on the transaction included Energy & Infrastructure partners Richard Coar, Francesca Matthews, and Subir Rajadhyaksha; Corporate partners Michael Honan, Thomas Ford, and Henrietta White; Tax partner Alexei Franks; Counsel David Leeming and Tom Chappatte; and Managing Associates Niamh Sheerin, Sebastian Witte, Anna Saenko, Rohan Dhariwal, Jane Jin, and Hope Levy-Shepherd.

"Linklaters Advises Apollo on $6.5 Billion Investment in World's Largest Offshore Wind Project, Hornsea 3"

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