Thüga Erneuerbare Energien acquires two wind farms and two solar farms each
Thüga Erneuerbare Energien GmbH & Co. KG(THEE) is expanding its portfolio with two existing wind farms in Brandenburg and Rhineland-Palatinate and two solar farms in Mecklenburg-Western Pomerania. This increases THEE ’s wind energy portfolio by 13.6 MW to approximately 282 MW. In 2018/2019, THEE had already acquired six solar parks, some of which are operated by its subsidiary THEE Solar GmbH & Co. KG. With the current acquisition of the two additional projects, THEE’s solar energy portfolio increases by 3.2 MWp to 14.2 MWp. The municipal investor thus currently operates a total of 27 wind farms and eight solar farms. Taylor Wessing ’s energy team, led by Hamburg-based partner Carsten Bartholl (pictured), provided legal advice to THEE on the acquisitions, as it has several times in the past. These are not isolated cases: last year alone, the firm’s energy team advised on renewable energy projects with a scope of more than 2,500 MW at various stages of development in Europe and overseas.
Thüga Erneuerbare Energien GmbH & Co. KG (THEE), based in Hamburg, is a joint venture between several companies in the Thüga Group. All companies are minority shareholders in THEE. In principle, participation in THEE is open to all companies of the Thüga Group. THEE invests in renewable energy generation projects with a focus on Germany. The aim of THEE is to bundle know-how and capital in order to expand its own energy production from renewable sources in the coming years.
Legal advisors Thüga Erneuerbare Energien: Taylor Wessing
Lead Partner Carsten Bartholl (Partner M&A/Corporate, Head of Energy), Hannes Tutt (Salary Partner, Commercial Real Estate, Hamburg), Dr. Markus Böhme, LL.M. (Salary Partner, Regulatory Energy Law, Düsseldorf), Lars Borchardt (Associate, Environmental Planning & Regulatory); Christian Kupfer (Associate, Corporate/Energy), Jasmin Schlee (Associate, Corporate/Energy), all Hamburg, unless otherwise stated.