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Press Releases 11 Jul 2016

LPA Munich advises wpd invest on the acquisition of a German wind farm portfolio – wpd invest advised Green Return Fund completes its first investment

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Press Release on 11 July 2016

Munich, 11 July 2016 – LPA Munich has advised wpd invest on the acquisition of a German wind farm portfolio for its newly established Green Return Fund – Core. The acquisition was structured as a share deal.

The acquired portfolio consists of 6 wind farms which are located in 5 different federal states and which altogether generate a total capacity of approx. 40 MW. All 6 wind farms were commissioned in 2014.

Being an advisor and service provider for institutional investment vehicles, wpd invest focusses on the structuring of such vehicles as well as on the acquisition and the operation of the assets. wpd invest advised Green Return Fund – Core is a conservatively structured fund optimised for making long-term and stable distributions. Focusing on a broad range of investors from insurance companies to superannuation funds, Green Return Fund – Core has invested the majority of the funds collected to date by completing the recent acquisition.

Seller of the wind farm portfolio is a project development company related to the well-known wpd group.

For LPA Munich the recent acquisition was the first transaction along with wpd invest.

 

Advisors wpd invest:

LPA Rechtsanwälte Steuerberater (Munich): Oliver Kirfel, LL.M. (Partner, Lead Advisor, M&A/Renewables), Andreas Feuerstein (Partner, Finance), Gerhard Köglmeier (Local Partner, Corporate), Dr. Stefanie Riebel (Partner, Public Law), Associates: Victoria Zilliken, LL.M., Marcel Graf, Sebastian Schneider, Katarina Krekovic (each Real Estate/Renewables)

 

Advisors wpd:

Blanke Meier Evers: Dr. Thomas Heineke, LL.M. (Partner, Lead Advisor, M&A)

 

Contact:

LPA Rechtsanwälte Steuerberater
Oliver Kirfel, LL.M.
Bruderstr. 5a
80538 Munich
phone: +49 89 242 072 555
e-mail: okirfel@lpalaw.de