Ashurst advises ResInvest Group on the acquisition of the Datteln 4 coal-fired power plant from Uniper
Ashurst has provided comprehensive legal advice to ResInvest Group on the acquisition of the Datteln 4 coal-fired power plant in North Rhine-Westphalia from Uniper. The signing of the transaction took place on 18 September and marks a significant milestone for the energy sector in Germany and Europe.
With a net electrical output of 1,052 megawatts, Datteln 4 is among the most modern and efficient hard coal power plants worldwide. Since its commissioning in 2020, it has supplied, among others, Deutsche Bahn as well as numerous households with electricity and provides district heating to several thousand customers in the northern Ruhr area.
The transaction includes not only the power plant itself but also the associated coal infrastructure and heat generation facilities. The sale forms part of the measures imposed by the European Commission as part of the stabilization package for Uniper. The parties have agreed not to disclose the purchase price.
ResInvest Group is an internationally active investor focused on sustainable and future-oriented infrastructure projects. With the acquisition of Datteln 4, the company is making a clear statement about its commitment to energy supply.
The transaction was managed by an interdisciplinary Ashurst team led by Stefan Bruder (Partner, Corporate). The team also included Matthias Annweiler (Counsel, Corporate), Sina Schwirz (Counsel, Corporate), Maylin Heinrich (Associate, Corporate), Karen Kelat (Associate, Corporate), Sascha Arnold (Partner, Corporate), Liane Muschter (Partner, Real Estate), Christopher Jeschor (Counsel, Real Estate), Achim Weimer (Associate, Real Estate), Charlotte Hähnchen (Associate, Real Estate), Andreas Mauroschat (Partner, Employment), Lukas Müller (Counsel, Employment), Johanna Kunze (Associate, Employment), Tino Duttine (Partner, Tax), Miriam Staatz (Counsel, Tax), Maria Held (Counsel, Competition), Katrin Hansen (Senior Associate, Disputes), Alexander Duisberg (Partner, Digital Economy), David Plischka (Associate, Digital Economy), and Karsten Raupach (Partner, Restructuring).
