Gleiss Lutz has advised Dr. Christoph Morgen (Brinkmann & Partner), the insolvency administrator for the German onshore wind turbine developer and manufacturer eno energy, on the sale of an onshore wind farm portfolio to a leading German renewable energy developer and its French subsidiary, Energie Eolienne France, to Qair, an independent renewable energy producer.
A leading German renewable energy developer has acquired a portfolio of approximately 50 onshore wind projects with a total planned capacity of around 1 GW. The projects are distributed across multiple German federal states and represent a significant share of the pipeline previously developed by eno energy.
Following the initiation of insolvency proceedings, the Rostock-based developer and wind turbine manufacturer eno energy ceased turbine production at its Rostock site, affecting approximately 170 employees. The strategic significance of the transaction lies in stabilizing eno energy’s operating environment and securing as many jobs as possible during the transition phase.
Following the filing for Insolvency, the Rostock-based company eno energy ceased turbine production at its Rostock site, affecting approximately 170 employees. The sale of the subsidiary will allow eno energy to resume operations in its core business and preserve many jobs during the restructuring phase.
The following Gleiss Lutz team, led by Dr. Matthias Tresselt (partner, Restructuring, Stuttgart), Dr. Cornelia Topf (partner), and Dr. Julia Müller (both M&A, both Frankfurt), advised the insolvency administrator Dr. Christoph Morgen:
Dr. Barbara Maske-Reiche (counsel, Restructuring, Düsseldorf), Dr. Friedrich Weyland (Stuttgart), Niklas Roulands (both Dispute Resolution), Dr. Ken Laws, Julia Hellmuth, Dr. Hendrik Hupfer, Dr. Adrian Pretzsch, Dr. Antonius Mann (partner, all M&A, all Frankfurt), Dr. Ocka Stumm (partner), Julian Kettemer (all Frankfurt), Paul Hentschel (all Tax, Hamburg), Dr. Lars Kindler (counsel), Dr. Cosima Baumeister (both Public Law, both Düsseldorf), Dr. Michael Roll (Employment, Stuttgart), Dr. Stefan Weidert (partner, IP/Tech, Berlin), Dr. Manuel Klar (counsel, Data Protection, Munich), Konrad H. J. Discher (counsel, Real Estate, Frankfurt).
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