NEWS

Wind Turbine Blades

WFW advises Stadtwerke Lübeck on its investment in the German 16 MW Beltheim II wind farm

14 February 2014

EN | DE

Watson, Farley & Williams (“WFW“), a leading international law firm, has advised municipal utility Stadtwerke Lübeck on the legal and tax aspects of the acquisition of a 40.1 percent share in the Beltheim II wind farm, located in the Hunsrück region of Germany.

The wind farm, containing five wind turbines with an installed capacity of 3.2 MW each, has been connected to the local grid since June 2013. STAWAG (Stadtwerke Aachen Aktiengesellschaf), another municipal utility, initiated, planned and developed the project together with juwi Energieprojekte GmbH.

The Beltheim wind farm is Stadtwerke Lübeck’s second investment in the wind energy sector. The company already acquired shares in the Nysted offshore wind farm in Denmark and is operating the German wind farm “Lübeck Nord”.

The WFW Hamburg team was led by partners Dr Marcus Bechtel (Corporate) and Verena Scheibe (Tax). They were supported by associates Carolin Woggon, Cathrin Browne (both Corporate) and Timo Kopmann (Tax).

WFW Hamburg partner, Dr Marcus Bechtel, said: “This is the second renewables deal we have advised Stadtwerke Lübeck on, having previously advised them on the acquisition of shares in a solar farm, highlighting WFW’s expertise across various renewable energy generation technologies.”