DIF Capital Partners’ Partial Acquisition Of ib vogt From Dagmar Vogt Vermögensverwaltungs GmbH

Ashurst advised DIF Capital Partners on the deal. Hogan Lovells advised Dagmar Vogt Vermögensverwaltungs GmbH on the deal.

Dagmar Vogt Vermögensverwaltungs GmbH sold its 51% share in ib vogt GmbH. ib vogt GmbH is one of the world’s leading developers of photovoltaic facilities. The shares were bought by the DIF Infrastructure VI fund of DIF Capital Partners (DIF), one of the world’s leading independent fund managers for infrastructure investments. 

The sale is the biggest transaction in connection with a solar portfolio developer. The sale and the cooperation serve to ensure ib vogt’s growth and to accelerate the installation of photovoltaic facilities. In addition, ib vogt is to be converted from a mere solar development model to an independent electricity producer which develops, owns and operates solar and battery projects.

The transaction is subject to authorisations and approvals by authorities, and is expected to be completed in the fourth quarter of 2021. 

The Ashurst team was led by partners Dr Maximilian Uibeleisen (Picture – Energy & Infrastructure) and Dr Benedikt von Schorlemer (Corporate and M&A). They were assisted by partners Dr Anders Kraft (Tax) and Dr Michael Holzhäuser (Competition), counsel Holger Mlynek (Infrastructure), Dr Philipp Vorbeck (Global Loans), Dr Maria Held (Competition) and Juditha von der Heydt (Employment) as well as senior associate Dr Valentin Pfisterer (Corporate Transactions), associates Dr Simon Groneberg (Energy & Infrastructure), Rachel Wünsch, Jan Ischreyt (both Corporate and M&A) and Sara Kreiner as well as transaction counsel Melissa Bach (both Corporate Transactions). At the international offices, partners Jacques Dabreteau (Projects, Paris), Andrés Alfonso (Corporate, Madrid), Carloandrea Meacci (Energy & Infrastructure, Milan) and Anita Choi (Corporate Transactions, Sydney) were involved, inter alia, assisted by senior associate Mariana Simon (Corporate) and associate Tristan Choppin de Janvry (Projects, both Paris), senior associate Soledad Adell (Public Law, Madrid) as well as associates Gianluca Di Stefano (Projects, Milan) and Amy Coleman (Corporate, London).

Hogan Lovells Team for Dagmar Vogt Vermögensverwaltungs GmbH included Matthias Hirschmann (Partner, Head of Energy Germany), Tobias Flasbarth (Counsel), Ulrich Heßling (Senior Associate), Julian S. Tristram, Yannic Venus, Dr. Maximilian Frystatzki (all Associates), Adrianni Marhain-Prante (Foreign Associate) (all Corporate, Hamburg); Dr. Falk Schöning (Partner), Stefan Kirwitzke (Associate) (both Antitrust, Brussels); Dr. Mathias Schönhaus (Partner, Tax and Accounting, Dusseldorf); Nicholas Holman (Partner), Amelia Stawpert (Counsel) (both Finance, London); Danielle du Bois-Buné (Partner, Finance, Amsterdam); Luca Picone (Partner, Corporate, Milan); Charles Bogle (Partner), Zachary Forrai (Associate) (both Corporate, Sydney); Stephanie Keen (Partner, Corporate, Singapore);  Alex Dolmans (Partner, Corporate, Madrid).

Involved fees earner: Soledad Adell – Ashurst; Andrés Alfonso – Ashurst; Melissa Bach – Ashurst; Anita Choi – Ashurst; Tristan Choppin de Janvry – Ashurst; Amy Coleman – Ashurst; Jacques Dabreteau – Ashurst; Gianluca Di Stefano – Ashurst; Simon Groneberg – Ashurst; Maria Held – Ashurst; Michael Holzhäuser – Ashurst; Jan Ischreyt – Ashurst; Anders Kraft – Ashurst; Carloandrea Meacci – Ashurst; Holger Mlynek – Ashurst; Valentin Pfisterer – Ashurst; Mariana Simon – Ashurst; Maximilian Uibeleisen – Ashurst; Juditha von der Heydt – Ashurst; Benedikt von Schorlemer – Ashurst; Philipp Vorbeck – Ashurst; Rachel Wünsch – Ashurst; Charles Bogle – Hogan Lovells; Alex Dolmans – Hogan Lovells; Danielle du Bois-Buné – Hogan Lovells; Tobias Flasbarth – Hogan Lovells; Zachary Forrai – Hogan Lovells; Maximilian Frystatzki – Hogan Lovells; Ulrich Heßling – Hogan Lovells; Matthias Hirschmann – Hogan Lovells; Nicholas Holman – Hogan Lovells; Stephanie Keen – Hogan Lovells; Stefan Kirwitzke – Hogan Lovells; Luca Picone – Hogan Lovells; Mathias Schönhaus – Hogan Lovells; Falk Schöning – Hogan Lovells; Amelia Stawpert – Hogan Lovells; Julian Tristram – Hogan Lovells; Yannic Venus – Hogan Lovells;

Law Firms: Ashurst; Hogan Lovells;

Clients: Dagmar Vogt Vermögensverwaltungs GmbH; DIF Capital Partners;

Giulia Di Palma

Author: Giulia Di Palma