Reuther Rieche advises Luxcara on power purchase agreement with RWE
Luxcara has concluded one of the largest German supply contracts for renewable energy with RWE Supply & Trading.
The 10-year power purchase agreement has an annual volume of up to 170 gigawatt hours. The energy will be generated by Luxcara’s solar park in Mecklenburg, which will be constructed and operated without state funding. RWE Supply & Trading will supply the energy to Volkswagen.
Luxcara is a leading asset manager for renewable energy in Europe, managing a portfolio of power plants with a total capacity of more than 3GW.
Tim Stahlberg and Louissa Greppi advised Luxcara on the power purchase agreement.
read moreReuther Rieche advises Q-Energy on several repowering projects in Northern Germany
Q-Energy Germany has acquired several wind farms in Northern Germany with a total volume of 26.75 MW from local and Danish sellers. The wind turbines were put into operation in 2001-2006. Q-Energy Deutschland will continue operating the turbines and then replace them by more powerful systems of the latest generation.
Q-Energy Germany is an investment and asset management company that specialises in repowering and greenfield projects. The company has acquired projects with a total volume of nearly 200 MW (more than 80 wind turbines) in Germany since 2018.
Janina Reuther, Jonathan Reuther, Tim Stahlberg, Alexander Grundmann and Louissa Greppi advised Q-Energy Germany on the due diligence and transaction for the acquisition of the projects.
read moreReuther Rieche advises Luxcara on Finnish wind portfolio
Luxcara, one of the leading European asset managers for renewable energy, and Keski-Suomen Betonirakenne (KSBR), a Finnish construction company, have agreed on contracts for the Välikangas project in Northern Ostrobothnia (100 MW), the Sievi project in Northern Ostrobothnia (30 MW) and the Pihtipudas project in Central Finland (30 MW).
(more…) read moreLegal Implications of the Coronavirus
The viral disease, which has been declared a pandemic by the World Health Organisation, poses numerous legal questions: Do supply chain delays, manufacturing disruptions and lockdowns qualify as force majeure? Is suspension of works under construction contracts justified? Which measures must employers take to protect their employees? Which rules apply to business trips and compensation claims? What kind of redress is available if events are cancelled and quarantines imposed? Is the virus a material adverse change according to share purchase agreements? Is your business entitled to state aid?
(more…) read moreReuther Rieche Advises Erste Group Bank AG on Refinancing of 42 MW Croatian Wind Park
In the Northern foothills of the Velebit mountain range, along the Adriatic coast, the SELAN Holding GmbH (wholly owned subsidiary of Baader Bank AG) operates the Vratarusa/Senj I project. It is one of the first wind parks connected to Croatia’s national grid.
(more…) read moreReuther Rieche advises Luxcara on power purchase agreement for a 121 MW solar project in Spain
Luxcara, a leading asset manager for renewable energy, and Alpiq, a Swiss energy services provider and electricity producer, have agreed on a power purchase agreement (PPA) for the project Guillena-Salteras.
(more…) read more