Ballard Spahr LLP advised BayWa r.e. on the deal.
Munich-based BayWa r.e., a global renewable energy developer, service provider, and distributor, announced its acquisition of Sacramento-based Enable Energy, Inc., a provider of commercial and industrial solar and energy storage solutions.
The deal expands BayWa r.e.’s footprint in North America. With 750 megawatts of solar and wind projects under construction in California, North Carolina, Texas, and Mexico, BayWa r.e. will pass one gigawatt (GW) of utility-scale installations in the Americas by the end of 2020. The addition of Enable Energy, Inc.’s pipeline will push BayWa r.e.’s total pipeline of solar and wind projects to more than five GW in the region.
Energy Partner Dirk Michels (Picture) led the Ballard Spahr team that represented BayWa r.e. He was assisted by Business and Transactions Associates Katie Leesman in Washington, D.C. and Mo Tashakor in Las Vegas.
Law Firms: Ballard Spahr Stillman & Friedman LLP;
Clients: Baywa re GmbH;