Watson Farley & Williams advises PNE Group on joint venture with Eolus

International law firm Watson Farley & Williams announced that it has been advising PNE Group on the formation of a joint venture with Sweden’s Eolus Group focused on renewable energy. The project, which is expected to be operational by 2030, will involve the development of an offshore wind firm off Latvia’s western coast. Eolus has reportedly been working on the initial stages of the project since 2020, whilst experienced developer of onshore and offshore wind farms PNE is due to provide additional resources and expertise.