Ashurst advises HASPA Green on acquisition of two wind farms in Germany
04 September 2023
04 September 2023
Ashurst advised HASPA Green GmbH on the acquisition of the Klein Leine Nord IV wind farm in Brandenburg and the Roldisleben-Olbersleben wind farm in Thuringia, both Germany, from wind and solar farm developer UKA. The parties have agreed not to disclose the purchase price.
The Klein Leine wind farm is situated in the Dahme-Spreewald district of Brandenburg and consists of four Nordex N149 turbines. The nominal capacity of two of the turbines is 5.7 MW each, and 4.5 MW each of the other two. In total, the turbines, which were fully commissioned in 2022, supply more than 17,000 three person households with green energy and save around 29,000 t of CO2 a year.
The Roldisleben-Olbersleben wind farm is located in the municipality of Großneuhausen in the Sömmerda district of Thuringia and comprises two Vestas V150 turbines with a nominal capacity of 5.6 MW each. The turbines were fully commissioned in 2021. They supply more than 8,000 three person households with green energy and save over 17,000 t of CO2 per year.
HASPA Green GmbH is a subsidiary of HASPA Finanzholding, the parent company of the HASPA group. The orientation towards a sustainable approach in the areas of economy, ecology and social affairs has been an integral part of HASPA Finanzholding's entrepreneurial activities since its foundation in 1827.
The Ashurst team was led by partner Dr Maximilian Uibeleisen (Projects & Energy Transition). He was assisted by counsel Volker Germann, senior associate Jan M. Ischreyt (both Corporate), counsel Holger Mlynek, senior associate Dr Simon Groneberg and associate Constanze Götz (all Projects & Energy Transition) as well as associates Steffen Bellmann (Tax) and Tobias Bürk (Global Loans).
Ashurst's German Energy Transition team regularly advises strategic and financial investors with regard to the implementation as well as the acquisition and sale of assets in the renewable energy sector (including offshore and onshore wind, solar, biomass, geothermal) and with regard to other energy transition topics (e.g. green hydrogen, batteries).