The joint venture, Red Wind, is responsible for the marketing, distribution, and after-sale support of Lagerwey wind turbines. Red Wind also plans to localize the manufacturing of wind turbines at NovaWind's facilities in Russia and intends to supply 400 turbines to wind parks by 2022.
Baker McKenzie advised NovaWind on a set of agreements for licensing wind turbine manufacturing technology from Lagerwey. The transaction was led by London-based partner Michelle Blunt, Moscow-based partners Arseny Seidov and Margarita Divina, and associate Konstantin Khromenkov.
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Baker McKenzie was the first international law firm to open an office in Moscow, in 1989. For almost 30 years we have built a reputation as an experienced and reliable legal adviser, combining deep knowledge of local law with seamless execution across borders and practices. We are recognized as a provider of premium services, especially in the areas of dispute resolution, employment, intellectual property, mergers and acquisitions, real estate, tax, TMT (technology, media, and telecoms), banking and finance, and capital markets.
16 August 2018
Baker McKenzie advises NovaWind on joint venture with Lagerwey
Moscow, 14 August 2018 — Baker McKenzie has advised NovaWind, the division of State Atomic Energy Corporation Rosatom responsible for Russia’s renewable energy program, on its joint venture with Dutch wind turbine manufacturer Lagerwey.