Home / Press / CMS advises Nordex on the potential sale of Nordex's...

CMS advises Nordex on the potential sale of Nordex's European wind and photovoltaic development pipeline

06/08/2020

Hamburg - Nordex and RWE have signed a put option agreement on the potential sale of Nordex's European wind and photovoltaic development pipeline to RWE. The project development pipeline in the context of the transaction comprises approximately 2.6 GW of wind capacity, including one of the largest pipelines in France of approximately 1.8 GW, in addition to a 0.1 GW solar photovoltaic pipeline. Nordex will continue with its wind developments in other markets. The transaction represents an important milestone for Nordex as it further solidifies its global position amongst the top four industry leaders. 

An international team led by the partners Dr Hilke Herchen, Dr Eckart Gottschalk (both CMS Germany) and Alexandre Morel (CMS France) advised Nordex on all legal aspects of the potential sale. Such legal advice included inter alia the structuring of the transaction and definition of required carve out measures, performance of a vendor legal due diligence covering the jurisdictions involved and the preparation of the transaction documentation. Apart from CMS Germany and CMS France, CMS offices in Poland, Spain and the Netherlands as well as WISTRAND (Sweden) were involved.

Nordex will now conduct the usual French process for involving the employees. This process has to be completed before Nordex makes a decision to exercise the put option agreement, whereby the final agreements would become binding between Nordex and RWE. The sale is subject to foreign investment control in France and the completion of carve-out processes.
From Nordex's legal department, Alexander Rößler (General Counsel) was in charge of the transaction.

CMS Germany

Dr Hilke Herchen, Lead Partner
Dr Eckart Gottschalk, Lead Partner
Dr Holger Kraft, Partner
Dr Martina Schmid, Partner 
Dr Philipp Koch, Counsel
Dr Clemens Völschow, Senior Associate
Dr Levent Hancioglu, Senior Associate
Dr Constantin Lentz, Senior Associate
Dr Anja Wiedemann, Senior Associate
Dr Alexander Weinhold, Associate, all Corporate/M&A
Christoff Henrik Soltau, Partner
Dr Denis Schlimpert, Senior Associate, both Competition & EU
Dr Dennis Heinson, Counsel, TMC
Dr Tilman Petersen, Senior Associate, Real Estate & Public
Dr Daniel Ludwig, Partner, Labor, Employment & Pensions
Dr Martin Mohr, Counsel, Tax Law

CMS France

Alexandre Morel
François de Gabrielli
Marion Houdu
Caroline Buyse
Margaux Deuchler
Pierre de Kerpoisson
Céline Cloche-Dubois
Clotilde Laborde
Anne Plisson
Dimitri Guarneri
Edouard Milhac
Victoire de Ménonville
Virginie Coursière-Pluntz
John Picarel-Pechdimaldjian
Caroline Froger-Michon 
Aurélie Parchet

CMS Poland

Łukasz Szatkowski
Mikołaj Markiewicz
Michał Sowiński

CMS Spain

Luis Miguel de Dios
Bruno De la Rica

CMS Netherlands

Bob van Zijl 
Elisabeth Anne Von Meijenfeldt

WISTRAND (Sweden)

Robert Kullgren
Rudolf Laurin
Johan Elowsson

Nordex SE, Inhouse

Alexander Rößler, General Counsel

Press Contact
[email protected]

Related people

Hilke Herchen
Dr. Hilke Herchen
Partner
Hamburg
Eckart Gottschalk
Dr. Eckart Gottschalk, LL.M. (Berkeley)
Partner
Hamburg
Holger Kraft
Dr. Holger Kraft
Partner
Hamburg
Martina Schmid
Dr. Martina Schmid
Partner
Stuttgart
Philipp Koch
Dr. Philipp Koch
Counsel
Hamburg
Dr. Clemens Völschow, LL.M.
Senior Associate
Hamburg
Levent Hancioglu
Dr. Levent Hancioglu
Senior Associate
Hamburg
Constantin Lentz
Dr. Constantin Lentz
Senior Associate
Hamburg
Dr. Anja Wiedemann
Senior Associate
Hamburg
Christoff Henrik Soltau
Christoff Henrik Soltau, LL.M. (King's College London)
Partner
Hamburg
Denis Schlimpert
Dr. Denis Schlimpert, LL.M. (Université Paris 1 Panthéon Sorbonne)
Senior Associate
Hamburg
Dennis Heinson
Dr. Dennis Heinson, LL.M. (UCLA)
Counsel
Hamburg
Tilman Petersen
Dr. Tilman Petersen, LL.M. (Columbia University)
Senior Associate
Hamburg
Daniel Ludwig
Dr. Daniel Ludwig
Partner
Hamburg
Martin Mohr
Dr. Martin Mohr
Counsel
Stuttgart
Alexander Weinhold
Dr. Alexander Weinhold
Picture of Alexandre Morel
Alexandre Morel
Partner
Paris
Picture of François de Gabrielli
François de Gabrielli
Counsel
Paris
Marion Houdu
Marion Houdu
Associate
Paris
Caroline Buyse
Associate
Paris
Margaux Deuchler
Associate
Paris
Pierre de Kerpoisson
Céline Cloché-Dubois
Céline Cloché-Dubois
Partner
Paris
Picture of Clotilde Laborde
Clotilde Laborde
Associate
Paris
Anne Plisson
Anne Plisson
Associate
Paris
Dimitri Guarneri
Associate
Paris
Picture of Edouard Milhac
Edouard Milhac
Partner
Paris
Victoire de Menonville
Virginie Coursiere-Pluntz
Virginie Coursiere-Pluntz
Counsel
Paris
Picarel_Pechndimaldjian_John
John Picarel-Pechdimaldjian
Associate
Paris
Froger-Michon Caroline
Caroline Froger-Michon
Partner
Paris
Picture of Aurélie Parchet
Aurélie Parchet
Associate
Paris
Łukasz Szatkowski
Łukasz Szatkowski
Partner
Warsaw
Mikolaj Markiewicz
Mikolaj Markiewicz
Senior Associate
Warsaw
Michal Sowiński
Michal Sowinski
Associate
Warsaw
Luis Miguel de Dios
Luis Miguel de Dios
Partner
Madrid
Bruno de la Rica
Picture of Bob van Zijl
Bob van Zijl
Counsel
Amsterdam
Elisabeth-von-Meijenfeldt-21-CMS-NL
Elisabeth Anne von Meijenfeldt
Kandidaat-notaris
Amsterdam
Show more Show less