29 03 2016

PKA pension funds and KIRKBI Invest acquired 50% of the Burbo Extention Windfarm in the Irish Sea

A consortium between the PKA pension funds and KIRKBI Invest A/S has acquired 50% of the Burbo Extention Windfarm under construction in the Irish Sea west of Liverpool for DKK 6.6 bn, approx. €890 million.


The project includes the Turbine Supply Agreement with MHI Vestas Offshore Wind for the first major delivery of the MHI Vestas V164-8,0 MW wind turbine, where the length of each wing exceeds the length of the world’s largest passenger jet (the A380). Bruun & Hjejle has assisted PKA and KIRKBI in the negotiations and advised on the transaction documentation with a team led by partner Mogens Thorninger. Involved fees earner: Mogens Thorninger - Bruun & Hjejle;

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