E+H advised Wien Energie on the acquisition of the remaining 51% of the shares in the Austrian wind farms Pongratzer Kogel, Herrenstein, and Zagersdorf from the wind and solar farm operator Encavis AG. Wien Energie had acquired a 49% stake in the project companies in December 2020 and was also represented by E+H at that time.
The three wind farms generate a total of 36.2 megawatts. They also reduce the CO2 emissions of the company's own energy generation by around 14,500 tons per year. The complete takeover means that Wien Energie can now increase its total portfolio by a further calculated 18 megawatts.
Marco Steiner and Christoph Lejsek led the E+H team on this dynamic energy project.
Advisors to Wien Energie:
E+H Eisenberger + Herzog Rechtsanwalts GmbH
Marco Steiner (Partner, Corporate/M&A), Dieter Thalhammer (Partner, Antitrust Law), Christoph Lejsek (Attorney, Corporate/M&A), Daniel Metz (Associate, Antitrust Law), Fabian Larcher (Associate, Corporate/M&A), Matthias Pallisch (Associate, Corporate/M&A)
Advisors to Encavis:
Taylor Wessing
Philipp Hoflehner, MIM (CEMS) (Partner, M&A), Peter Solt, LL.M. (Partner, Real Estate)