Mandate

Gleiss Lutz advises NeXtWind group on a repowering financing in the amount of EUR 1.4 billion

Gleiss Lutz advised NeXtWind on a repowering financing in the amount of EUR 1.4 billion, including an extensive structural reorganization of the NeXtWind group. Gleiss Lutz already advised Sandbrook Capital on its acquisition of NeXtwind in 2023 through a consortium with other investors.

NeXtWind is a leading renewable energy provider with offices in Berlin and London. Since its founding in 2020, the company has focused on acquiring and optimizing existing wind farms ('repowering'). It currently operates 37 onshore wind farms and has a total repowering capacity of around 1.4 GW. The company aims to increase its total generation capacity to 3 GW by 2028.

In the long term, NeXtWind seeks to build up a sustainable energy infrastructure ('Cleanfrastructure') in Europe. To this end, NeXtWind plans to develop integrated clean energy hubs. With a strong financial backing totaling USD 750 million (investors include Sandbrook Capital, PSP Investments and IMCO) NeXtWind is poised to be a key partner in advancing Germany's energy transition.

The following Gleiss Lutz Team advised NeXtWind: Dr. Eva Reudelhuber (lead, partner), Sabrina Müller-Krohe, Pascal Urban, Dr. Julia Baldus, Felix Hostenkamp, Jan Neumayer, Ardian Gagica, Cora Seelmann (all Banking & Finance, all Munich), Dr. Cornelia Topf (partner, M&A), Dr. Tim Weber (partner, Real Estate), Dr. Christoph Auchter (counsel), Dr. Antonius Mann, Michael Clever, Marc Duschek, Maximilian Leisenheimer, Lukas Schulze-Hagen, Hendrik Hupfer, Leonie Schröck, Julia Wohlmuth (all Frankfurt), Shari Heger (all M&A, London), Dr. Dipl.-Vw. Philipp Jaspers, Christian Schröder (both Frankfurt), Dr. Walter Andert (all Corporate, Berlin), Konrad Discher (counsel, Real Estate, Frankfurt), Dr. Alexander Fritzsche (Partner, Regulatory, Frankfurt), Dr. Lars Kindler (Counsel, Regulatory, Düsseldorf), Dr. Stephanie Lumpp (Corporate, Stuttgart), Caroline Saalwächter-Hirsch, Dr. Juliane Langguth (all Compliance, Frankfurt), Dr. Ocka Stumm (partner) und Dr. Dominik Monz (both Tax, both Frankfurt). 

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