Aukera Energy acquires photovoltaic project in Rhineland-Palatinate

Berlin/ Frank­furt a.M. — McDer­mott Will & Emery has advi­sed Aukera Energy on the acqui­si­tion of a photo­vol­taic project in Rhine­­land-Pala­­ti­­nate by way of a share deal.
The seller is a German rene­wa­ble energy project developer.
The PV project is expec­ted to have a capa­city of 46 MW for photo­vol­taics and 40 MW for a battery energy storage system (BESS).
It is expec­ted to be ready for cons­truc­tion by the first quar­ter of 2025.
Aukera Ener­gy­Au­kera Energy focu­ses on the deve­lo­p­ment, cons­truc­tion and opera­tion of solar, wind and battery storage projects.
Head­quar­te­red in Brussels with offices in London, Edin­burgh, Berlin, Rome and Bucha­rest, the company is curr­ently deve­lo­ping a pipe­line of 15 GW.
McDermott’s Energy & Infra­struc­ture team regu­larly advi­ses on a wide range of projects and tran­sac­tions in the energy and infra­struc­ture sectors and on issues rela­ting to the energy transition.
Advi­sing on rene­wa­ble energy projects (inclu­ding storage and other energy tran­si­tion issues) is a parti­cu­lar focus of the team. About Aukera Energy Aukera is backed by Atlas­In­vest, a leading private inves­tor with a focus on the energy sector.
“We specia­lize in rene­wa­ble energy invest­ments and deve­lo­p­ment in Europe, from early stage deve­lo­p­ment and co-deve­­lo­p­­ment to the acqui­si­tion of ready-to-build projects and the cons­truc­tion of the projects them­sel­ves. We are commit­ted to local communities.”
Aukera’s manage­ment team has been working toge­ther for over ten years and has deca­des of combi­ned expe­ri­ence in deve­lo­ping rene­wa­ble energy projects around the world.
Our team has comple­ted more than one hundred rene­wa­ble energy invest­ments and co-developments.
These include successfully deve­lo­ping and exiting the UK’s largest feed-in tariff wind power busi­ness in 2018 and working with Malay­sian state-owned utility Tenaga Nasio­nal Berhad on a $250 million transaction.
https://www.aukera.energy Advi­sors Aukera Energy: McDer­mott Will & Emery, Frank­furt Dr. Maxi­mi­lian Uibe­lei­sen, Dr. Simon Grone­berg (Coun­sel, Düssel­dorf; both Energy & Infra­struc­ture), Dr. Maxi­mi­lian Meyer (Coun­sel, Tax); Asso­cia­tes: Jan Ischreyt, Constanze Götz (both Energy & Infra­struc­ture) About McDer­mott Will & Emery McDer­mott Will & Emery is a leading inter­na­tio­nal law firm with over 1,400 lawy­ers in more than 20 offices in Europe, North America and Asia. Our lawy­ers cover the entire spec­trum of commer­cial and corpo­rate law with their advice. The German prac­tice is mana­ged by McDer­mott Will & Emery Rechts­an­wälte Steu­er­be­ra­ter LLP. For more infor­ma­tion, please visit: https://www.mwe.com/de/