Zenobē Acquires Battery Storage Developer sdp energie

London/Munich — The global busi­ness law firm Norton Rose Fulbright advi­sed Zenobē on its acqui­si­tion of sdp ener­gie GmbH and sdp ener­gie Austria GmbH. With the acqui­si­tion of sdp ener­gie, Zenobē is comple­ting its first corpo­rate acqui­si­tion in Germany and marking an important mile­stone in its Euro­pean growth strategy. 

London-based Zenobē is one of Europe’s leading provi­ders of energy infra­struc­ture and battery storage solu­ti­ons. The company deve­lops, finan­ces, builds, and opera­tes large-scale battery storage projects as well as solu­ti­ons for the elec­tri­fi­ca­tion of vehicle fleets. With appro­xi­m­ately 1,500 MW of storage capa­city alre­ady in opera­tion or under contract, Zenobē is one of the leading inter­na­tio­nal play­ers in the battery storage sector. Since its foun­ding in 2017, the company has raised more than 3.2 billion British pounds in debt and equity finan­cing. Its share­hol­ders include KKR and Infra­ca­pi­tal, among others. 

sdp ener­gie, head­quar­te­red in Schäft­larn, Bava­ria, deve­lops battery storage projects across the entire value chain—from site selec­tion and secu­ring land to permit­ting and grid connec­tion proce­du­res, all the way through to the cons­truc­tion of the faci­li­ties. The company has projects in nume­rous German states and an exten­sive deve­lo­p­ment pipe­line in the field of battery storage. 

Lead Part­ner Dr. Klaus Bader (Corporate/M&A, Munich; Head of Energy Europe) comm­ents: “With the acqui­si­tion of sdp ener­gie, Zenobē is comple­ting its first corpo­rate acqui­si­tion in Germany, marking an important mile­stone in its Euro­pean growth stra­tegy. We are very plea­sed to have advi­sed Zenobē on this signi­fi­cant step in the German market. Thanks to our many years of expe­ri­ence with battery storage and energy infra­struc­ture tran­sac­tions in Germany, as well as the close inte­gra­tion of our corporate/M&A and energy regu­la­tory exper­tise, we were able to provide Zenobē with compre­hen­sive support in this stra­te­gi­cally important acquisition.” 

Advi­sor to Zenobē: Norton Rose Fulbright

Led by Dr. Klaus Bader ( Corporate/M&A, Munich), the team also included part­ners Dr. Vale­rian von Richt­ho­fen (Energy Law, Düssel­dorf), Dr. Tim Scha­per (Anti­trust Law, Hamburg), Clau­dia Poslu­schny (Labor Law, Munich), and Dr. Heiko Bertel­mann (Corporate/M&A, Hamburg), senior asso­cia­tes Sebas­tian Eisen­hut (Corporate/M&A, Munich), Dr. Tobias Teich­ner (Anti­trust Law, Hamburg), and Michaela Bach­meier (Labor Law, Munich), as well as the asso­cia­tes Dr. Jan Vogel­sang (Energy Law, Düssel­dorf), Dr. Markus Beil (Corporate/M&A, Munich), Marcel Gieß­ler (Corporate/M&A, Hamburg), Oliver Schmidt (Corporate/M&A, Munich), and Hannah Diete­rich (Employ­ment Law, Munich), as well as Tran­sac­tion Specia­list Kübra Teber (Corporate/M&A, Frankfurt).

About Norton Rose Fulbright

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