Under the leadership 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 wind farm Gusow-Treplin by Versicherungskammer Group. The acquisition is being handled by special fund Encavis Infrastructure Fund III (EIF III). The park was developed and realised by the UKA-Unternehmensgruppe.
The German wind farm with a total capacity of 23.6 megawatts (MW) consists of a total of four wind turbines. Three Vestas turbines of type V150 - 6.0 MW are in the municipality of Treplin and have been in operation since February 2022. Another Vestas turbine from type V150 - 5.6 MW is located in Gusow and has already been producing green electricity since April last year. The entire wind farm supplies around 27,700 households with green electricity and saves over 30,500 tonnes of CO2 annually.
Encavis Asset Management AG is responsible for the structuring of the entire project and will take over the commercial management, energy management, accounting and controlling of the wind farm.
UKB Umweltgerechte Kraftanlagen Betriebsführung GmbH is responsible for the technical management of the wind farm.
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 tailor-made portfolios and fund solutions for investments in the growth market of Renewable Energies. The Company has been successfully investing in this sector since 2006, covering the entire value chain from asset sourcing to the operational management of investments.
Encavis Asset Management AG is a wholly owned subsidiary of MDAX-listed Encavis AG and, as part of the Encavis Group, benefits from their many years of experience and broad industry network.
Encavis AG is one of the leading independent power producers (IPPs) in the field of Renewable Energies in Europe. The Encavis Group's installed capacity currently adds up to around 3.5 gigawatts (GW), of which more than 2.1 GW is provided by Encavis AG. This corresponds to a saving of around 0.8 million tonnes of CO2 per year.
Legal Advisors Encavis AM
Taylor Wessing Germany:
lead Carsten Bartholl
(Corporate Energy), Jasmin Schlee
(Senior Associate), Pauline Peters
(Professional Support Lawyer), Melissa Rinck (Associate), all Corporate Energy, all Hamburg, Dieter Lang
(Partner) , Laura Marie Heyer
(Associate), both Public Law / Permitting, both Hamburg, Dr Markus Böhme
(Salary Partner), Rebekka Ackermann
(Associate), both Energy Regulatory, both Düsseldorf, Hannes Tutt
(Salary Partner), Galya Stareva
(Professional Support Lawyer), both Real Estate, both Hamburg
Inhouse Encavis AM:
Friedrich Adrian (Head of Legal), Christian Alscher (Legal Counsel), Max Lilge (Lead Investment Manager)