Ashurst advises DunoAir on the sale of its onshore wind

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    Ashurst has advised DunoAir Windpark Planung GmbH (DunoAir) on the sale of its onshore wind development business in Germany to Qualitas Energy. DunoAir's onshore wind development business is based in Trier, Germany, and is a full-service company focused on the design and construction of wind turbines primarily in western Germany. The existing development portfolio currently comprises 1.4 GW. DunoAir Windverwaltung GmbH, DunoAir Windpark Management BV, DunoAir Stromhandels GmbH, DunoAir International BV are not part of this transaction.

    The Ashurst team was led by partner Dr Maximilian Uibeleisen (Energy/Infrastructure) with support from counsel Martina Rothe (Corporate, both Frankfurt). They were supported by partner Dr  Benedikt von Schorlemer and senior associate Jan Ischreyt (both Corporate, Frankfurt) as well as counsel Holger Mlynek, senior associate Dr Simon Groneberg and associate Constanze Götz (all Energy/Infrastructure, Frankfurt).

    Ashurst advised DunoAir for the first time on this transaction, working closely with Greencap Partners, a firm focused on providing sell-side and buyside advisory services to renewable energy developers. Ashurst frequently advises on renewable energy transactions, particularly in the areas of onshore and offshore wind, solar, biomass/biogas and geothermal, and most recently advised, among others, DIF on its acquisition of a majority stake in IB Vogt and Octopus Energy on its entry into the German renewables market.