Osborne Clarke advises Foresight Group and KIS KB German Wind Energy Fund on the sale of two onshore wind farms

Osborne Clarke has advised Foresight Group and KIS KB German Wind Energy Fund on the sale of two onshore wind farms in Germany with a total installed capacity of 51 MW to Enel Green Power Germany GmbH, a subsidiary of Enel Green Power S.p.A. The target consisted of the approx. 45 MW Krackow windfarm located in the federal state of Mecklenburg-Western Pomerania, comprising 15 wind turbine generators (WTGs), commissioned in 2015 and the approx. 5 MW Seubersdorf windfarm located in the federal state of Bavaria, comprising 2 WTGs, commissioned in 2014.

Foresight Group is a leading investor known for investing in sustainable infrastructure projects with focus on renewable energies and environmental infrastructure projects. KIS KB German Wind Energy Fund is a Korean special fund that invests in German wind energy projects.

Enel Green Power is part of the Italian Enel Group. The Enel Group is one of the world's leading developers and operators of renewable energy generation facilities and has an extensive project pipeline. Enel is active in numerous markets in Europe, North and South America, Africa, and Asia.

The Osborne Clarke team that advised the Seller on this transaction comprised Dr Christoph Torwegge (Transaction Lead), Felix Jaeger, Julian Tristram, Alexandra Abeln, Sarah Theresa Mentner, Friedrich Polzin (all Energy M&A), Theresa Viegener (Energy Real Estate), Anastasia Minich (Energy LPM), Dr Jule Martin (Energy Regulatory), Olexiy Oleshchuk (Finance), Arsen Dudka (Finance) and Dr Tobias Rothkegel (Data Privacy).

Furthermore, the Seller was advised by KPMG (financial advisory) team consisting of Annette Schmitt (Transaction Lead) and Philipp Kemper, Hanna Kowasch and Isabel Ewers and PwC (tax) by Henrik Wrede and Simon Bauer.

Enel was advised by Eversheds (Legal) by Martin Weitenberg (Transaction Lead) and Navid Anderson (M&A) and EY Deal Advisory led by Axel Kirch.

Osborne Clarke is an international law firm with offices in Europe, Asia, and the US. Osborne Clarke advises investors, major developers and banks in the Energy and Energy Transition (EET) sector. Osborne Clarke's German EET team consists of more than 30 lawyers in Hamburg, Cologne, and Berlin and has received multiple awards in recent years for its work in the EET sector.