Greencoat Renewables PLC (ISE:GRP) agreed to acquire 22.5% stake in Butendiek Offshore Windpark Holding GmbH from Marguerite Pantheon SCSP managed by Pantheon Ventures (UK) LLP on January 3, 2023. This deal is subject to approval from regulatory authorities. The deal is expected to close in the current quarter of 2023.

Max Boemke, Christine Bader, Verena Scheibe and Sven Fretthold of Watson, Farley & Williams LLP acted as legal advisor to Greencoat Renewables PLC.