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E+H advised Wien Energie as lead counsel on the acquisition of all shares in the ImWind Group, a leading Austrian developer of wind and photovoltaic projects.
The ImWind Group operates 52 wind turbines in 14 wind farms and four photovoltaic plants in Austria, Germany, and Italy. Including projects it has in the pipeline, its wind energy and photovoltaic projects can produce more than 2 TWh annually.
This transaction lays the foundation for a sustainable and stable future energy supply in Vienna and Austria. By 2030, renewable electricity capacity is expected to grow to around 1,800 megawatts, enough to meet the projected average need of all Viennese households with green electricity. A further expansion to 2,800 megawatts is planned by 2040, which will enable the entire Vienna transport sector, including the subway, trams, electric buses, and electric cars, to be powered by renewable energy (based on projected average use).
“We are delighted to have provided legal support to Wien Energie in this strategically important transaction,” says Marco Steiner, partner at E+H and head of the specialized “Energy & Infrastructure” practice group, who led the transaction.
E+H team
Lead: Marco Steiner (partner, Corporate + M&A) and Christoph Lejsek (partner, Corporate + M&A)
Further: Peter Winkler (partner, Corporate + M&A), Christopher Engel (partner, Corporate + M&A, Real Estate), Peter Herzog (attorney, Corporate + M&A), Matthias Pallisch (associate, Corporate + M&A), Oliver Teichert (associate, Corporate + M&A), Dieter Thalhammer (partner, Antitrust & Competition), William Redl (partner, Antitrust & Competition), Jana Eichmeyer (partner, Employment Law), Theresa Weiss-Dorer (attorney, Employment Law), Marcus Benes (partner, Banking + Finance), Julian Tatschl (associate, Banking + Finance), Georg Knafl (partner, Public Law), Vessela Anastassova (associate, Public Law), Sonia Havlikova (associate, Public Law).
The sellers were advised by Schönherr Rechtsanwälte (lead partner Alexander Popp).
Marco Steiner & Christoph Lejsek
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E+H is an international commercial law firm with offices in Vienna, Graz, and Brussels that takes legal advice to the next level. The firm regularly receives awards and top spots in international rankings and directories, such as Chambers & Partners Global & Europe, Legal 500, JUVE, and Mergermarket.
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