E+H advised Wien Energie on the establishment of the joint venture RIDDLE&CODE Energy Solutions. RIDDLE&CODE Energy Solutions is a joint subsidiary of Wien Energie with the leading European blockchain interface company RIDDLE&CODE. The signing of the joint venture agreements took place on 9 December 2021.
Blockchain: revolution in the energy market
The joint venture will develop digital products for the energy market based on blockchain technology, in order to facilitate climate protection and decarbonization.
Wien Energie and RIDDLE&CODE have collaborated for years, sharing expertise in their respective areas. The joint venture will further intensify the relationship between the companies. For example, RIDDLE&CODE’s know-how in tokenization will be used in dynamic citizen solar power plants such as MyPower.
Marco Steiner and Christoph Lejsek led the team on this innovative energy project.
Advisors to Wien Energie:
E+H Eisenberger + Herzog Rechtsanwalts GmbH
(Partner, Corporate/M&A), (Attorney, Corporate/M&A), (Associate, Corporate/M&A), (Associate, Corporate/M&A)
Advisors to RIDDLE&CODE:
Thomas Talos, LL.M. (Corporate Law), Stephan Strass, LL.M. (Attorney, Corporate Law)