Watson Farley & Williams advised EWE Aktiengesellschaft on the deal.
EWE Aktiengesellschaft sold its wholly-owned subsidiary EWE Offshore Service & Solutions GmbH (“EWE OSS”) to VINCI Energies Deutschland Industry & Infrastructure GmbH (“Vinci”).
Headquartered in Oldenburg, EWE AG is one of Germany’s largest energy suppliers with a focus on electricity, natural gas, telecommunications and information technology. EWE OSS is the market leader in the North Sea energy sector, specialising in the planning and maintenance of offshore wind farms, with vast expertise in substations, transition pieces, IT and communications technology. The company, which also has offices in Emden and Borkum, generates annual sales of around €30m and employs 160 people. All offices and personnel will now be managed by Vinci. Both contractual partners agreed not to disclose the purchase price. EWE AG maintains ownership of the offshore wind farms alpha ventus, Riffgat and Trianel Windpark Borkum II. The France-based VINCI Group invests, builds and operates energy infrastructure in 100+ countries around the world.
The WFW Germany Corporate team advising EWE AG was led by Corporate Partner and WFW Germany Head Dr Marcus Bechtel (Picture), working closely with Munich Partner Dr Christian Bauer and Senior Associates Dr Robert Müller and Christian Schindler. They were supported by Hamburg based Of Counsel Torge Rademacher, Managing Associates Carolin Woggon and Dr Paul-Vincent Hahn as well as Associates Lars Hillmann, Desideria-Alexia Pohl and Elize Rudloff and Munich based Associates Katrin Gerceker and Silvia Rava.
Involved fees earner: Christian Bauer – Watson Farley & Williams; Marcus Bechtel – Watson Farley & Williams; Katrin Gerceker – Watson Farley & Williams; Paul-Vincent Hahn – Watson Farley & Williams; Lars Hillmann – Watson Farley & Williams; Robert Müller – Watson Farley & Williams; Desideria-Alexia Pohl – Watson Farley & Williams; Torge Rademacher – Watson Farley & Williams; Silvia Rava – Watson Farley & Williams; Christian Schindler – Watson Farley & Williams; Carolin Woggon – Watson Farley & Williams;
Law Firms: Watson Farley & Williams;
Clients: EWE AG;