German State approves climate foundation to support Nord Stream 2 construction

The German State of Mecklenburg-Vorpommern has approved the establishment of the MV Climate and Environmental Protection Foundation, which will contribute to the completion of the Nord Stream 2 pipeline through its business operations. State Premier Manuela Schwesig said that the foundation will shield companies involved in the construction and operations of the pipeline from US sanctions by acquiring, holding and …

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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