Clifford Chance advised Encavis AG on acquisition of three solar parks in the Netherlands from BayWa r.e. Global
Clifford Chance advised Encavis AG on acquisition of three solar parks in the Netherlands from BayWa r.e. Global
Clifford Chance acted as the legal advisor for its long-standing client, Hamburg-based wind and solar park operator Encavis AG on the acquisition of three additional solar parks in the Netherlands from BayWa r.e. Global, expanding Encavis's generation capacity in the country to 228 MWp.
The solar parks in Dokkum (14 MWp), Lemsterhoek (31 MWp) and Hoogengraven (3 MWp) contribute to the secure and clean energy supply in Europe. Hoogengraven has been on the grid since June 2020 and Dokkum since July 2022. The grid connection for Lemsterhoek is also expected to be finalized shortly. The income from the electricity generated will make a positive contribution to sales, earnings and cash flow of Encavis AG retrospectively as of July 1, 2022. BayWa r.e. developed, built and sold the three solar parks to Encavis and will also provide long-term operation and maintenance services for Encavis.
Encavis AG is a producer of electricity from Renewable Energies listed on the MDAX of Deutsche Börse AG. As one of the leading independent power producers (IPP), ENCAVIS acquires and operates solar parks and (onshore) wind farms in eleven European countries.
The team in Amsterdam was led by Liesbeth Buiter along with Ellen de Kok, Johanneke Butijn, Esmée Oldenkamp, Youri Vink, Charlotte Horsten, Dolyne Munyampeta, Mies Rijperman and Julia van Heusden.
