Investment company CEE takes over wind farm Aßlar
Hamburg — The Hamburg-based investment company CEE takes over the wind farm Aßlar in Hesse and thus further expands its wind power portfolio. The six GE 2.75–120 wind turbines in Asslar have a capacity of 16.5 megawatts (MW). The sellers are the Max Bögl Foundation and the private owner Egbert Reitz.
“With the acquisition of the Aßlar wind farm, we are successfully continuing our growth strategy. Together with our partners, we want to continue to grow beyond our core markets of Germany and France in the long term,” says Detlef Schreiber, CEO of the CEE Group. The acquisition increases the CEE Group’s renewable energy portfolio to approximately 668 MW.
The CEE Group, headquartered in Hamburg, is an investment company specializing in tangible asset investments with approximately 1.4 billion euros in assets under management. Among other things, equity investments are made in energy generation projects primarily in the wind and photovoltaic sectors as well as in corresponding technology companies. The CEE Group is part of the Lampe Equity Management (LEM) Group, a subsidiary of Bankhaus Lampe.
Taylor Wessing’s energy team has been advising investors, financiers and project developers for several years in all phases of project finance and transaction advisory in the renewable energy sector, assisting projects in excess of 1,000 MW in various stages of development each year.
Advisor CEE Group: Taylor Wessing
Lead Partner Carsten Bartholl
The Hamburg-based partner specializes, inter alia, in transactions in the field of renewable energies. This is the second time Taylor Wessing has advised CEE on transactions involving renewable energy generation assets.