Bionerga NV and NIBC European Infrastructure Fund I, L.P. managed by NIBC Infrastructure Partners acquired 80% stake in Electrawinds Biostoom NV from Eletrawinds SE (DB:EWI) on February 5, 2014. Bionerga NV acquired 70% stake and NIBC Infrastructure Partners acquired 80% stake in Electrawinds Biostoom NV acquired an additional 10% stake. The transaction was approved by the court. The transaction proceeds will be used to cover the short-term liquidity requirements of the Group and to a larger extent for deleveraging Electrawinds Biostoom NV. Philippe Hamer, Niek De Pauw and Patrice Viaene of Clifford Chance LLP (Belgium) acted as the legal advisors to Electrawinds SE.

Bionerga NV and NIBC European Infrastructure Fund I, L.P. managed by NIBC Infrastructure Partners completed the acquisition of 80% stake in Electrawinds Biostoom NV from Eletrawinds SE (DB:EWI) on February 5, 2014.