WFW advises aventron on acquisition of German wind farm9 July 2018
Watson Farley & Williams (“WFW”) has advised aventron AG (“aventron”), the well-known Swiss operator of renewable power plants, on its acquisition of the Hochstätten wind farm currently owned by Nuremberg-based N‑ERGIE Sonne und Wind GmbH & Co. KG, part of the N-ERGIE AG-Group.
Located in the Bad Kreuznach district of Germany’s Rhineland-Palatinate region, the Hochstätten wind farm has been operational since 2012. It has a total installed capacity of 6 MW comprising three Vestas V90 wind turbine generators of 2 MW each.
Quoted on the Berne stock exchange, aventron is an established renewable energy producer, with a focus on acquiring and operating wind, solar and hydro power plants in Switzerland and selected other European countries. The company aims to increase the installed capacity of its renewables portfolio to 500 MW by 2019.
The WFW Hamburg team advising aventron was led by Corporate Partner and Germany Practice Head Dr Marcus Bechtel. He was supported by Tax Partner Verena Scheibe, Regulatory Partner Dr Christine Bader and Banking & Finance Partner Thomas Hollenhorst. Associates Dr Malte Koch (Corporate), Dr Nicolaj Faigle (Tax), Dr Eva-Maria Christiansen (Regulatory) and Vivian Vacha (Banking & Finance) assisted.
Marcus commented: “We are delighted to have advised our long-standing client aventron on this transaction, and look forward to continuing to work with them going forward”.