Hengeler Mueller advises RWE on long-term partnership with KKR to develop, construct and operate UK offshore windfarms

RWE, one of the world’s leading renewable energy companies, and KKR, a leading global investment firm, have agreed on a long-term partnership to jointly realise the Norfolk Vanguard East and Norfolk Vanguard West projects. Under the agreement, KKR will acquire a 50% equity stake in each project, with both partners jointly developing, constructing and operating the wind farms.

Closing of this transaction is subject to customary approval and expected in summer 2026.

Hengeler Mueller advised RWE comprehensively on the transaction.

Hengeler Mueller team for RWE

Corporate/M&A: Thomas Meurer, Tobias Schneiders (both partner, both lead, both Düsseldorf), Caspar Conzen, Andreas Kaletsch (both senior associate, both Frankfurt), Sarah Schadeck (associate, Düsseldorf),

Antitrust: Markus Röhrig (partner), Christian Dankerl (counsel, both Brussels),

FDI: Vera Jungkind (partner), Jan Schülting (senior associate, both Düsseldorf),

Finance: Pascal Brandt (partner, Frankfurt).