Austria: Schoenherr advises ImWind on sale of wind and solar park portfolio to Wien Energie

Schoenherr advised ImWind throughout the international bidding process as well as on all legal aspects of the transaction, which is subject to regulatory approvals.

ImWind is a leading producer of renewable energy in Austria, developing and operating wind and photovoltaic parks in Austria, Germany and Italy. ImWind distributes an annual output of over 1.2 TWh of clean electricity, with the company aiming to more than double its production by 2030 via investments of over EUR 1bln, of which EUR 400m fall into 2024 alone.

Wien Energie is one of Austria's leading energy companies, supplying around two million people and 230,000 commercial and industrial facilities with energy. Wien Energie's output stems from combined heat and power, waste recycling and renewable energy sources such as solar, wind, hydropower and biomass. Wien Energie's strategy actively aims for climate neutrality by 2040.

The Schoenherr team was led by Alexander Popp (partner) and Alfred Amann (attorney at law), and further included Frederik Königstorfer (associate), Nikolaus Stepan (associate), Alexandra Jelinek (associate), Georg Winkler (associate), Constantin Benes (partner), Franziska Oczlon (attorney at law), Kerstin Stritzke (international associate), Laura Zobernig (associate), Johannes Frank (counsel), Maha Zöhrer (attorney at law), Bernd Rajal (partner) and Christoph Jirak (attorney at law).

Wien Energie was advised by E+H Rechtsanwälte GmbH. The E+H team was led by Marco Steiner (partner) and Christoph Lejsek (partner), and further included Flora Pedit (associate), Dieter Thalhammer (partner), William Redl (attorney at law), Johannes Feilmair (partner), Gabriel Straßer (associate), Alexandra Stadlober (associate) and Laura Polzhofer (associate).