Press release |


BEITEN BURKHARDT Advises Commerz Real AG on Acquisition of Beckum Wind Farm

Munich, 2 December 2020 ‑ The international law firm BEITEN BURKHARDT has advised Commerz Real AG on the acquisition of the Beckum wind farm with two wind energy turbines in the German state of North Rhine-Westphalia. Seller is Energiekontor AG, project developer with seat in Bremerhaven. The parties have agreed not to disclose the transaction volume. The wind farm, located at the town of the same name in the Münsterland region, is a repowering project with two Nordex N149 wind energy turbines with a total nominal output of around 9 megawatts. The wind farm was established only recently and is operating since the end of October 2020.

Originally there were six wind turbines with a nominal output of 5.2 megawatts on the site near Beckum. These were dismantled in 2019 and replaced by two much more powerful wind turbines, each with a nominal output of 4.5 megawatts, which were connected to the grid by the end of October 2020. The expected annual electricity volume of 24 m kilowatt hours is sufficient to cover the needs of more than 7,000 average German households.

The transaction was the first cooperation of Commerz Real AG with BEITEN BURKHARDT's Energy Team. The team headed by partners Dr Maximilian Emanuel Elspas and Dr Sebastian Rohrer advised Commerz Real AG comprehensively on a due diligence of the target company, negotiation of contracts and implementation of the transaction.

Advisors to Commerz Real AG:

BEITEN BURKHARDT: Dr Maximilian Emanuel Elspas. Dr Sebastian Rohrer (both lead partners, Corporate/M&A and Energy Law), Dr Markus Ley (Corporate/M&A), Toralf Baumann, Antje Baumbach, Guido Brucker, Dr Reinald Günther (all Energy Law), Dr Dominik Greinacher, Katrin Lüdtke (both Public Law), Anja Fischer (Real Estate Law), Christoph Heinrich (Antitrust Law), Matthias Ohmer, André Suttorp, Artur Kozinski, Diljinder Singh Walia (all Tax), Laureen Lee (Data Protection).

In-house: Dr Stephan Hüttig and Jörg Niedermeyer

CONTACT

Dr Maximilian Emanuel Elspas
Phone: +49 89 350 65 – 1242
E-mail: Maximilian.Elspas@bblaw.com

Experts

Dr. Markus_Ley_Experte_BEITEN_BURKHARDT

Dr Markus Ley

Lawyer

Partner

Katrin_Lüdtke_Experte_BEITEN_BURKHARDT

Katrin Lüdtke

Lawyer, Licensed Specialist for Administrative Law

Partner

Anja_Fischer_Experte_BEITEN_BURKHARDT

Anja Fischer

Lawyer, MBA

Partner

Christoph_Heinrich_Experte_BEITEN_BURKHARDT

Christoph Heinrich

Lawyer

Partner

Matthias_Ohmer_Experte_BEITEN_BURKHARDT

Matthias Ohmer

Tax Advisor

Partner

André_Suttorp_Experte_BEITEN_BURKHARDT

André Suttorp

Lawyer, Tax Advisor , Graduate Financial Economist

Partner

Artur_Kozinski_Experte_BEITEN_BURKHARDT

Artur Kozinski

Tax Advisor

Diljinder Singh Walia_Experte_BEITEN_BURKHARDT

Diljinder Singh Walia

Tax Advisor

Laureen_Lee_Experte_BEITEN_BURKHARDT

Laureen Lee

Lawyer, LL.M.

Partner