Kompass Corporate Finance advises wpd-group, Bremen, on the ...

<strong>Kompass</strong> <strong>Corporate</strong> <strong>Finance</strong> <strong>advises</strong> <strong>wpd</strong>-<strong>group</strong>, <strong>Bremen</strong>, on the
acquisition of Butendiek Offshore Windpark Holding GmbH from
SSE Renewables Germany Holdings GmbH, Hamburg
(22.09.2010) <strong>wpd</strong> <strong>group</strong> has acquired 100% of the shares of Butendiek Offshore
Windpark Holding GmbH, Hamburg, from SSE Renewables Germany Holdings
GmbH,Hamburg.
The offshore wind farm Butendiek is located 34 km west of the Sylt Island in the
North Sea and is one of the most advanced offshore wind farms in German waters. It
is located in the German Exclusive Economic Zone close to the Danish–German
border. Water depth varies between 18 and 20 meter. 80 turbines will be erected.
The wind farm was initiated by 8,400 investors from the region as “Citizens Wind
Farm” in 2001. Contracts between the “Butendiekers” and <strong>wpd</strong> regarding their future
cooperation are currently decided by the Butendiek shareholders.
With the purchase of the wind farm <strong>wpd</strong> plans a swift implementation of the
Butendiek wind farm. The <strong>group</strong> has successfully developed a number of German
offshore wind farm already. As cooperation partner of EnBW it currently implements
the Baltic I wind farm in the German Baltic Sea west of the Rügen Island.
<strong>Kompass</strong> <strong>Corporate</strong> <strong>Finance</strong> advised <strong>wpd</strong>-<strong>group</strong> on the transaction.
<strong>wpd</strong>
<strong>wpd</strong> is operator and developer of renewable energy projects with a clear focus on

wind power, operating in 21 countries worldwide. So far, <strong>wpd</strong> <strong>group</strong> operates wind
farms with approximately 1,600 wind turbines and an installed capacity of 2 GW, and
is planning further international projects with a total of 7,000 MW. Furthermore, with a
pipeline of 10,000 MW, <strong>wpd</strong> is Europe’s leading developer of offshore wind farms.
One of the first commercial offshore wind farms, Baltic I, currently under construction,
is being supervised by <strong>wpd</strong>.
<strong>Kompass</strong> <strong>Corporate</strong> <strong>Finance</strong> GmbH & Co. KG
<strong>Kompass</strong> <strong>Corporate</strong> <strong>Finance</strong> <strong>advises</strong> and assists companies in the renewable and
cleantech sectors on domestic as well as international M&A transactions, project
financing, and capital-raising measures.
<strong>Kompass</strong> <strong>Corporate</strong> <strong>Finance</strong> GmbH & Co. KG
Marktstr. 3/ Boersenhof C
28195 <strong>Bremen</strong>
Tel. +49 (0)421 800 45 82
Fax +49 (0)421 800 45 77
www.kompasscf.com