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Paul Hastings advised BKW in connection with the acquisition of four wind farms

23 Nov 2016

Paul Hastings LLP has advised BKW Group in connection with the acquisition of four wind farms and an option for a potential fifth acquisition from Samfi Invest Group.

BKW, which specializes in energy and infrastructure, is a leader in the operation of wind power plants in Switzerland and abroad. The Group employs nearly 5000 people in subsidiaries around the world. Its wind farm represents a total capacity of nearly 440 MW for a production of 660 GWh.

The contract, signed on 7 November 2016, includes four wind farms in France, one of which has been operational since May 2016. The remainders are under construction or in the planning stage, and are expected to be operational by 2018. These wind farms are expected to produce nearly 120 GWh of electricity per year, which is the equivalent of the annual consumption of more than 18000 households.

The Paul Hastings team includes partner Sylvain Bergès with associates Antoine Ricol and Claudia Wagner, and partner Allard de Waal on tax matters.

 

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Energy & Utilities
News Category
Energy, Utilities & Natural Resources