Munich \u2014 The energy supplier BKW AG (\u201cBKW\u201d) has acqui\u00adred S\u00fcdvolt GmbH (\u201cS\u00fcdvolt\u201d), one of the last inde\u00adpen\u00addent balan\u00adcing energy service provi\u00adders in Germany. With this tran\u00adsac\u00adtion, BKW enters the German market for balan\u00adcing energy and ancil\u00adlary services and streng\u00adthens its presence in one of the largest and most important flexi\u00adbi\u00adlity markets in Europe. The parties have agreed not to disc\u00adlose the finan\u00adcial details. POELLATH advi\u00adsed the sellers on the legal and tax aspects of the transaction.<\/p>\n
Munich-based S\u00fcdvolt GmbH opera\u00adtes a certi\u00adfied virtual power plant (VPP) and offers all three control energy products (FCR, aFRR, mFRR). As a flexi\u00adbi\u00adlity provi\u00adder, it provi\u00addes primary control energy as well as secon\u00addary and tertiary control power for all four German trans\u00admis\u00adsion system opera\u00adtors. The exis\u00adting custo\u00admer port\u00adfo\u00adlio of over 1 GW of capa\u00adcity includes major and indus\u00adtrial custo\u00admers from energy-inten\u00adsive sectors as well as muni\u00adci\u00adpal utili\u00adties. S\u00fcdvolt has 20 employees and serves over 70 custo\u00admers with more than 200 gene\u00adra\u00adtion units. <\/p>\n
BKW, based in Berne, is an inter\u00adna\u00adtio\u00adnal energy and infra\u00adstruc\u00adture company. BKW employs over 12,000 people and is active in ten countries. <\/p>\n
POELLATH<\/strong> advi\u00adsed the sellers<\/strong> on the legal and tax aspects of the tran\u00adsac\u00adtion with the follo\u00adwing team:<\/p>\n Dr. Sebas\u00adtian Rosen\u00adtritt<\/strong>, LL.M. (Coun\u00adsel, Lead, M&A\/Private Equity, Munich) Munich \u2014 The energy supplier BKW AG (\u201cBKW\u201d) has acqui\u00adred S\u00fcdvolt GmbH (\u201cS\u00fcdvolt\u201d), one of the last inde\u00adpen\u00addent balan\u00adcing energy service provi\u00adders in Germany. With this tran\u00adsac\u00adtion, BKW enters the German market for balan\u00adcing energy and ancil\u00adlary services and streng\u00adthens its presence in one of the largest and most important flexi\u00adbi\u00adlity markets in Europe. The [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":56903,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-56905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
\nPhil\u00adipp von Braun\u00adschweig, LL.M. (Ford\u00adham) (Part\u00adner, Co-Lead, M&A\/Private Equity, Munich)
\nDr. Nico Fischer (Part\u00adner, Tax, Munich)
\nDaniel Wied\u00admann, LL.M. (NYU) (Asso\u00adcia\u00adted Part\u00adner, Anti\u00adtrust, Frank\u00adfurt aM)
\nDr. Saskia Bardens (Asso\u00adciate, Tax, Munich)
\nLukas W\u00f6rlein (Asso\u00adciate, M&A\/Private Equity, Munich)<\/p>\n","protected":false},"excerpt":{"rendered":"