Alte Leipziger-Hallesche AG agreed to acquire 49.9 percent stake in 597 MW solar portfolio of EnBW from EnBW Energie Baden-Württemberg AG (XTRA:EBK) on August 15, 2022. Completion of the transaction is subject to clearance by relevant regulatory authorities and is expected for autumn 2022. Jochen Lamb, Carolin Armbruster, Ursula Steinkemper, Dorothée Janzen, Hans-Fabian Kiderlen, Stephanie Schulz, Tagrid Chahrour and Conrad Gräwe of CMS provided comprehensive legal advice to EnBW on the transaction.

In-house support to EnBW on the transaction was provided by Patrizia Berck (Lead Counsel Onshore/Photovoltaics), assisted by Matthias Flecke-Bröer (Senior Legal Counsel), Dragan Alexander (Senior Legal Counsel), Hannes Nordmann (Legal Counsel) and Leonie Beling (Legal Counsel). Baker Tilly Deutschland Gmbh Wirtschaftsprüfungsgesellschaft acted as tax advisor to EnBW Energie Baden-Württemberg AG (XTRA:EBK). Annette Schmitt and Philipp Kemper of KPMG AG Wirtschaftsprüfungsgesellschaft, Advisory Arm acted as financial advisor to EnBW Energie Baden-Württemberg AG (XTRA:EBK).