BPV Huegel has advised Verbund on its acquisition of a Burgenland wind farm with a total nominal output of 10.15 megawatts from a private wind farm developer and operator. CMS advised the undisclosed sellers.
Verbund is an Austrian electricity provider. It covers around 40% of the electricity demand in Austria, of which 90% is sourced from hydropower.
The BPV Huegel team included Partners Thomas Lettau, Christian Schneider, and Nicolas Wolski, Attorneys at Law Johannes Mitterecker, Tim Pasternak, and Paul Pfeifenberger, and Associate Anna Zirkler.
The CMS team included Partners Alexander Rakosi, Dieter Zandler, and Sibylle Novak, Lawyer Marco Selenic, and Associates Anna Hiegelsperger and Thomas Liegl.