Norton Rose Fulbright has advised HANSAINVEST, the asset manager of Signal Iduna Group, on the acquisition of eight onshore wind parks with a total capacity of 100 megawatts from Bremen based wpd AG.

The acquisition is Signal Iduna Group’s first direct investment in the renewables and infrastructure asset class. Signal Iduna Group continue to consider further opportunities in the sector.

The team was led by partner Klaus Bader (corporate and M&A, tax, Munich) and consisted of partners Dirk Trautmann (banking, Munich) and Martin Krause (regulatory, Frankfurt). The team also included Sebastian Frech and Johannes Diez (both corporate and M&A, Munich), Felix Dinger (Regulatory, Hamburg), Christian Bauer (Banking, Munich), Frank Bayer and Michael Heim (both tax, Munich), Matthias Nordmann (competition, Munich) as well as Katharina Kraus-Rostren (corporate and M&A, Hamburg).