Wind Turbine Blades

WFW advises CEE on the acquisition of a 14 MW wind farm in Brandenburg, Germany

17 June 2013

EN | DE |

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce it advised Hamburg-based private equity investor CEE on all legal and tax matters relating to the acquisition of the Rehfeld onshore wind farm in Brandenburg, Germany.

WFW advised CEE on the contact negotiations, due diligence and financing of the acquisition, which was achieved through the purchase of all shares in the company that developed and was operating the wind farm.

The wind farm consists of four Vestas V90 wind energy turbines with a total combined capacity of 14.3 MW. Once operational, it is expected to produce approximately 33 million KWh of environmentally-friendly electricity annually, equivalent to the annual energy consumption of around 11,000 households. CEE Operations GmbH will take responsibility for the commercial management of Rehfeld.

CEE has acted as a private equity investor in the renewable energy sector for more than 12 years, structuring and financing wind, pholtovoltaic, biogas and biomass projects. One of the largest energy producers in Germany, the Rehfeld wind farm increases the total capacity of CEE’s wind farm portfolio to 97.3 MW.

WFW’s Hamburg-based team was led by Corporate partner Dr. Marcus Bechtel. He was supported by partners Verena Scheibe (Tax) and Thomas Hollenhorst (Project & Structured Finance), as well as associates Cathrin Browne, Stefan Hoffmann (both Corporate), Timo Kopmann (Tax), Dr. Wichard von Hoff and Dr. Jan-Eike Andresen (both Project & Structured Finance).