WFW Advises PARQ Energy on Acquisition of Solar Park Project in Germany
Key Ideas
- WFW advised PARQ energy on acquiring a 49.20 MWp solar park project in Baden-Württemberg, Germany.
- PARQ energy is involved in various phases of the project's life cycle, including the development of solar parks, energy storage systems, and electrolysers for green hydrogen production.
- The WFW Germany team, led by Dr. Wolfram Böge, provided multidisciplinary expertise to support PARQ energy in this acquisition.
- PARQ energy's growth in the German solar market is being facilitated by the collaboration with WFW, showcasing their commitment to renewable energy projects.
Watson Farley & Williams (WFW) recently assisted PARQ energy GmbH in the purchase of a 49.20 MWp solar park project located in Baden-Württemberg, Germany. Additionally, WFW will continue to provide advisory services to PARQ energy for the further development of this project. PARQ energy, known for its involvement in all stages of project development, is focusing not just on solar parks but also on energy storage systems and electrolysers for green hydrogen production. Their track record includes working on solar and wind power projects with a combined capacity exceeding 5.1 GWp, serving the electricity needs of approximately 1,400,000 households in Germany. The collaborative effort between PARQ energy and WFW is aimed at leveraging the expertise of both parties to drive growth in the renewable energy sector. The legal advisory team from WFW, led by Dr. Wolfram Böge, showcased their proficiency in M&A and regulatory matters, ensuring optimal support for PARQ energy. This transaction reflects PARQ energy's strategic expansion in the German solar market, with future projects on the horizon. The partnership between PARQ energy and WFW underscores a shared commitment to sustainable energy initiatives and signifies a positive outlook for the renewable energy landscape in Germany.
Topics
Projects
Green Hydrogen
Renewable Energy
Energy Storage
Project Development
Regulatory Compliance
M&A
Tax Law
Legal Advisory
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