22 April 2021
Under the leadership of its Hamburg partner Carsten Bartholl, the International law firm Taylor Wessing advised the renewable asset manager CEE Group on several recent wind and solar transactions. Hamburg-based CEE Group acquired the Gielert energy park (Rhineland-Palatinate), which is currently still under development and construction, from Wiesbaden-based project developer ABO Wind at the end of January 2021. The Gielert energy park is the first ABO Wind combined solar and wind project. The energy park consists of an 11.4-megawatt wind farm and a solar plant with 746 kilowatts peak. At the end of September 2020, the CEE Group also acquired the wind farms Haunetal (Hesse) with 16.8 MW installed capacity and Ebenheim (Thuringia) with 11 MW installed capacity from juwi and the 5.5-megawatt-project Töttleben (Thuringia) from PNE AG that went into operation in March 2021.
CEE Group is a Hamburg-based asset manager specializing in renewable energy. With assets under management of around €1.9 billion, the company invests in power generation projects in the wind and solar sectors. CEE Group holds onshore wind farms with an installed capacity of around 577 MW as well as photovoltaic plants with around 473 MWp. The CEE portfolio that currently comprises 40 onshore wind farms and 32 solar parks (1,050 megawatts combined) can supply more than one million people in Germany, France, the Netherlands and Sweden with green electricity.
As an internationally operating company, CEE Group offers its customers sustainable investment concepts with long-term return opportunities in the growth market for renewable energies. With its independently operating entities, the company has a comprehensive range of services for projects in this segment. Investors are in particular institutional investors with a long-term interest in renewable energies.
Legal Advisors CEE Group
Lead Carsten Bartholl (Corporate Energy), Jasmin Schlee, Thorsten Eggert, Pauline Peters, Dr. Gregor Jentsch. Dr. Angela Menges (all Corporate Energy), Dr. Markus Böhme, LL.M., Dr. Andre Lippert (both Public Law Energy), Hannes Tutt, Galya Stareva, (both Commercial Real Estate), Dieter Lang, Lars Borchardt (both Environmental), Anneliese Hartlaub (TMT).
Taylor Wessing advises CEE Group on the acquisition of the first German “onshore wind+storage”-project and respective PPA
by multiple authors
by multiple authors