Partners Group Holding AG agreed to acquire 45% stake in Borssele III/IV from Royal Dutch Shell plc, N.V. Eneco Beheer and Diamond Generation Europe Limited.
January 08, 2018
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Partners Group Holding AG (SWX:PGHN) agreed to acquire 45% stake in Borssele III/IV from Royal Dutch Shell plc (ENXTAM:RDSA), N.V. Eneco Beheer and Diamond Generation Europe Limited on January 8, 2018. Borssele III/IV is a 731.5 MW offshore wind farm. After the closing Partners will hold 45% stake, Shell will hold 20% stake, Diamond will hold 15% and Eneco will hold 10% stake in Borssele III/IV.
Jeroen Thijssen, Hein Tonnaer, Tim Heerschop, Katja Busuladzic, Han Kalule, Michiel Sunderman, Stern Flik, Liesbeth Buiter, Bram Kocken, Frans Muller, Jurre Jurriëns, Quirine Eenhorst, Marierose Kouwenberg, Bart Bootsma, Mark-Jan Arends and Laura Stegeman of Clifford Chance Amsterdam acted as legal advisors for Shell, Eneco and Diamond. Holger Kraft, Charlotte von der Heydt-von Kalckreuth, Olaf Thießen, Matthias Sethmann, Kai Ostermann, Susanne Keck, Marc Riede, Mark Warren, Cecilia van der Weijden, Martika Jonk, Partner, Maurits Rabbie, Edmon Oude Elferink, Iris Kieft, Julien Leclère, Sylvain Elias, Jehan Dupont Danzel d'Aumont, Luise Pelzer, Constantin Lentz, Kerstin Block, Martijn van der Bie, Elisabeth Anne von Meijenfeldt, Fleur van Assendelft de Coningh, and Aurélia Budzik of CMS acted as legal advisors and DNV GL provided technical due diligence to Partners Group Holding AG. SG Corporate acted as financial advisor to the consortium of Shell, Diamond and Eneco.
Shell plc specializes in oil and natural gas production and distribution. Net sales break down by activity as follows:
- refining of crude oil (37.5%): owns, at the end of 2023, 7 refineries worldwide. Shell plc is also involved in the manufacturing of chemical and petrochemical products (olefins, aromatic products, solvents, ethylenes, propylenes, phenols, additives, etc.);
- marketing of petroleum products (34.4%): operation of a network of more than 47,000 service stations worldwide;
- production of electricity from renewable sources (14.1%);
- production of liquefied natural gas (11.9%);
- crude oil and natural gas exploration and production (2%);
- other (0.1%).
Net sales are distributed geographically as follows: the United Kingdom (14.1%), Europe (23.2%), Asia/Oceania/Africa (31.6%), the United States (22.2%) and Americas (8.9%).
Partners Group Holding AG agreed to acquire 45% stake in Borssele III/IV from Royal Dutch Shell plc, N.V. Eneco Beheer and Diamond Generation Europe Limited.
SHELL PLC 
