Noerr advises Ampyr Solar Europe on a strategic partnership with Commerz Real’s KlimaVest for the development of a pipeline of large-scale solar PV assets in Germany

With a team led by Tibor Fedke and Martin Haisch, Noerr has advised AMPYR Solar Europe (“ASE”) on a strategic co-operation agreement to develop, build and commission a pipeline of large-scale Solar PV projects in Germany for Commerz Real’s KlimaVest.

As part of the agreement, AMPYR Solar Europe, will be responsible for developing the projects to Ready-To-Build status, provide EPC Management services for the construction and commissioning of the plants, and put in place Operations & Maintenance (“O&M”) services for their operations, under KlimaVest’s ownership. The initial portfolio of three solar parks located in Germany will have a combined capacity of ca. 200 MWp.

AMPYR Solar Europe is the joint venture of a consortium including Naga Solar Holding BV, AGP Group and Hartree Partners who jointly develop and sale solar projects in the Netherlands, the UK and Germany with a planned volume of 4 gigawatts.

The Noerr team comprehensively advised Ampyr Solar Europe on all aspects of the strategic partnership with Commerz Real including the tax structuring, power trading, EPC Management and O&M contracts and on preparing the subsequent sale of the projects.

Noerr’s Berlin-based partner Tibor Fedke regularly advises on transactions in the energy industry and in the regulated M&A sector. This year, Tibor Fedke together with Armin Bartsch and Martin Haisch advised ALH on its takeover of a stake in Veja Mate, one of the major offshore wind farms in the North Sea. Martin Haisch also regularly advises large institutional investors on their asset management, including in the renewable energy and infrastructure sectors.

Advisors to Ampyr Solar Europe GP LLP: Noerr

Dr Tibor Fedke, Ira Tsoures (both Corporate/M&A, Berlin), Dr Martin Haisch (Tax, Frankfurt; all three joint team lead), Dr Armin Bartsch (Corporate/M&A, Berlin), Volker Bock (Commercial/Real Estate, Dresden), Martin Geipel (Regulatory/Energy, Berlin), Christof Federwisch (Regulatory & Governmental Affairs, Frankfurt), Dr Max Helleberg (Regulatory & Governmental Affairs, Berlin), Dr Elmar Bindl (Tax & Private Clients, Munich), Dr Alexander Schilling (Banking & Finance, Frankfurt), Dr Clemens Schönemann (Commercial/Real Estate, Berlin), Christian Alexander Mayer (Regulatory/Energy, Munich), Esther Priebs (Regulatory & Governmental Affairs, Berlin), Jin-Sa John Jun (Corporate/M&A, Berlin)