International law firm CMS has advised Cube Green Energy (CGE) on its acquisition of a pan-European portfolio of solar and onshore wind assets representing c.125MW of operating capacity across Germany, France Italy, Sweden and the UK, from Encavis AG.
CGE is an independent power producer and developer focused on the repowering of onshore wind farms and deployment of PV and battery storage solutions. The acquired projects are predominantly in CGE’s core markets of Germany and France, increasing the installed capacity to c.150 megawatts of operating assets. This portfolio has repowering potential of over 300 megawatts and development work is well underway as CGE looks to replace the older and less efficient wind turbines with the latest highly efficient power generation technology. Once repowered, the project sites will provide clean energy to over 200,000 households in Germany and France.
The CMS team was led by Charles Currier in the UK alongside James Day, Konrad Rawicz, Fred Cruz, Matty Desmond, Alex Moore and Kate Merrill. Wider support was provided by Thomas Forman, Nicholas Ross-McCall, Fanny Fecskovics, Nadia Wheeler, Jonathan Ward, Rebecca Stewart and Jason Todd (CMS UK); Marion Berberian, Céline Cloche-Dubois, Audrey Pichon-Varesio, Dylan Allali, Inès Seguin, Amaury Dubois, Geoffrey Levesque and Sebastian Boyxen (CMS France); Holger Kraft, Matthias Sethmann, Stefan Kühl, Carl-Friedrich Thoma, Olaf Thießen and Kerstin Block (CMS Germany); Matteo Ciminelli, Edoardo Marangoni, Pietro Canale, Stefano Chirichigno, Saverio Brocchi, Vittoria Segre and Sofia Albini (CMS Italy); and Laurin Rudolf, Hendrik Kangasmuukko and Julia Netinder (CMS Wistrand).
With an active presence in the international power sector for 30 years, the CMS market-leading practice advises industry players across the globe on each stage of a project’s development, from the initial feasibility study through to operation and divestment.
