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CMS advises Wircon on merging operations and maintenance business (O&M) for photovoltaic plants with Enovos

10/10/2018

Hamburg – Enovos Renewables O&M GmbH has taken over the O&M activities of Wircon GmbH and acquired all the shares in Wirsol O&M GmbH. At the same time, Wircon GmbH has been given an option to acquire a stake in Enovos Renewables O&M GmbH. The transaction will see Enovos and Wircon working together even more closely in operating and maintaining photovoltaic plants. Their aim is to create the largest manufacturer-independent O&M service provider for photovoltaic facilities in Germany. The parties agreed not to disclose the transaction value.

A CMS team headed by lead partners Dr Hilke Herchen and Dr Niklas Ganssauge advised Wirsol O&M GmbH and Wircon GmbH on all legal aspects of the transaction.

Headquartered in Waghäusel, Baden-Württemberg, Wircon GmbH describes itself as a promoter of renewable energy projects worldwide, handling everything from project development through planning, construction and financing to operation. Its focus is on major photovoltaic and wind projects, large-scale roof-mounted photovoltaic systems mainly for commercial customers and the real estate industry, and long-term operational management of renewable energy facilities.

Enovos Deutschland is based in Saarbrücken and is part of the Encevo Group. It supplies municipal utility companies, industry and commercial customers with power and natural gas. The acquisition increases the capacity of the plants managed by Enovos to well over 1,000 megawatt peak (MWp), according to the company’s own figures.

CMS Germany

Dr Hilke Herchen, Lead Partner, Corporate
Dr Niklas Ganssauge, Lead Partner, Energy
Dr Frederike Volkmann, Senior Associate
Omed Asmatyar, Associate, both Corporate
Dr Heino Büsching, Partner
Dr Olaf Thießen, Counsel
Dr Isabelle Holly, Senior Associate, all Tax
Christoff Henrik Soltau, Counsel
Dr Denis Schlimpert, Associate, both Competition & EU

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