10 June 2021
Under the lead of Hamburg partner Carsten Bartholl, the international law firm Taylor Wessing provided comprehensive legal advice to Encavis Asset Management AG ("Encavis AM") on the acquisition of the "Warnsdorf" wind farm in Prignitz/Brandenburg. The Warnsdorf wind farm consists of 12 wind turbines manufactured by Vestas with a total installed capacity of 43.2 megawatts. The wind park was planned and commissioned by the renewable energy developer UKA and provides sustainably produced energy to about 40,000 households. UKA will continue to provide technical park management.
The newly acquired assets will be contributed to the Encavis Infrastructure Fund II, a special fund launched by Encavis AM. The investment offer is aimed at credit institutions that want to invest in a diversified portfolio of wind and solar parks in Europe. The special fund is administered by HANSAINVEST Lux S.A.
Taylor Wessing has already successfully advised Encavis AM on various transactions involving renewable energy generation assets in recent years.
About Encavis Asset Management AG
Encavis Asset Management AG offers institutional investors customised portfolios and fund solutions for investments in the growth market of renewable energy sources. The company has been investing successfully in this sector since 2006 and covers the entire value chain from asset sourcing to operational management of the plants.
Encavis Asset Management AG is a fully owned subsidiary of Encavis AG and, as part of the Encavis Group, profits from the latter's many years of experience and broad industry network.
Encavis AG is one of Europe's leading independent power producers (IPPs) in the field of renewable energy sources. The company acquires and operates solar power plants and (onshore) wind farms in Germany and nine other European countries. The total generation capacity of the Encavis Group is currently more than 2.8 gigawatts (GW).
Legal Advisors Encavis AM
Lead Carsten Bartholl (Corporate Energy), Dr. Angela Menges (Corporate Energy), Jasmin Schlee, Dr. Gregor Jentsch (all Corporate Energy), Dr. Markus Böhme (Regulatory Energy), Hannes Tutt, Galya Stareva, (both Commercial Real Estate), Dieter Lang, Lars Borchardt (both Environmental).
Inhouse Encavis AM
Friedrich Adrian, Stefanie Schindler
by multiple authors
by multiple authors
by multiple authors