Taylor Wessing advised WEB Windenergie AG on the sale of the Imst hydropower plant

Taylor Wessing has advised the leading Austrian power generation company WEB Windenergie AG on the sale of the Imst hydropower plant.

Taylor Wessing has advised the leading Austrian power generation company WEB Windenergie AG on the sale of the Imst hydropower plant.

The seller was supported by a team led by Taylor Wessing Vienna partners Peter Solt (Energy/Real Estate) and Claudia Steegmüller (Corporate/M&A). They were supported by partner Allan Hahn (Corporate/M&A), partner Sabine Meister (Public Law) and the associates of the respective teams.

"This transaction once again emphasises our position as a go-to expert for a wide range of topics in the field of renewable energies," says Peter Solt about the mandate. Claudia Steegmüller adds: "The transaction, which was implemented in a particularly tight timeframe, underlines our expertise and efficiency in the implementation of complex M&A deals."

WEB Windenergie AG acquired the Imst hydroelectric power plant in 2006, thoroughly modernised it technically and optimised it ecologically. The sale that has now taken place once again reinforces its clear focus on wind and solar power.