DLA Piper has advised Senvion, a leading global manufacturer of wind turbines, on the acquisition of a stake in the business operations of Kenersys India Private Limited, an India-based wind turbine manufacturer. By way of an asset deal, Senvion is acquiring the production facilities of Kenersys in Baramati, India, the rights to the Kenersys product portfolio, the wind turbine inventory and the entire service business of Kenersys India (220 megawatts) and is thus advancing its expansion in their new core market, India. After completion of the transaction, Senvion will immediately be able to take up business activities in the production plant in Baramati, which has an expendable capacity of approximately 250 megawatts output. The parties have agreed to keep the purchase price confidential.

With approximately 3,900 employees, Senvion is a leading global  manufacturer of onshore and offshore wind turbines. The operational subsidiary Senvion GmbH, which is headquartered in Hamburg, is represented by distribution partners, subsidiaries and participations in European foreign markets but also worldwide in the USA, China, Australia, Japan, India and Canada. Senvion S.A. is listed in the Prime Standard of the Frankfurt Stock Exchange.

The DLA Piper team, jointly led by partner Dr Benjamin Parameswaran and counsel Cristina Helena Villafrade (both Corporate/M&A, Hamburg), also comprised of counsel Dr Mirjam Rüve (Restructuring, Hamburg) and senior associates Dörthe Minde (IPT, Cologne) and Sebastian Decker (Corporate/M&A, Hamburg).

Also advising Senvion on this transaction was a team led by the partner Pranjal Bora from the India-based law firm Luthra & Luthra.

In-house at Senvion the transaction was coordinated by Dr Livia Musso (General Counsel, Executive Vice President) and Dr Marek Zila (Head of Legal).