ADVANT Beiten and ADVANT Nctm Advise BKW on Expansion of its Interest in HelveticWind

Freiburg, 17 July 2024 – The international law firm ADVANT Beiten has − together with ADVANT Nctm and Kellerhals Carrard (Lead Counsel) − advised the BKW Group, an international energy and infrastructure company headquartered in Bern, on expanding its interest in the HelveticWind joint venture. HelveticWind operates four wind farms in Germany with an installed capacity of 67 (MW) and two wind farms in Italy with an installed capacity of 52 MW.

BKW will hold a 60 percent majority interest in the joint venture, EKZ (Elektrizitätswerke des Kantons Zürich) will hold the remaining 40 percent. This leaves two of originally five companies invested in HelveticWind.

BKW already runs the wind farms in Germany and Italy as a service provider and therefore knows them inside out. With the increase of its interest, BKW can expand the existing portfolio of renewable energy generation plants in its core markets. Trough its majority investment, BKW is advancing the energy transition and aims to have a CO2-neutral energy business by 2040.

The BKW Group employs some 12,000 people. The company's portfolio ranges from planning and consulting in engineering for energy, infrastructure and environmental projects to integrated offerings in the field of building technology and construction, to service and maintenance of energy, telecommunications, transport and water networks.

Contact with BKW was established via the Swiss law firm Kellerhals Carrard, with which ADVANT has worked closely for many years both in Germany and in Italy. Kellerhals Carrard is the largest Swiss business law firm with more than 300 layers.

Advisor to BKW:

ADVANT Beiten:
Dr Barbara Mayer, Christian Burmeister (both Corporate/M&A, Freiburg) for German law.

ADVANT Nctm:
Jacopo Arnaboldi, Giuliano Proietto (Milan) for Italian law.

Kellerhals Carrard (Lead Counsel):
Dr Beat Brechbühl, Dr Patric Brand, Dr Marc Hanslin, Daniel Emch, Marius Gröteke, Sarah Schneider, Aljoscha Zalad and Carla Hartmann (Bern and Basel)

MEDIA CONTACT
Frauke Reuther
Manager Kommunikation
ADVANT Beiten
+49 (69) 75 60 95 - 570
frauke.reuther@advant-beiten.com

Dr Barbara Mayer
Rechtsanwältin
ADVANT Beiten
+49 (761) 15 09 84 - 14
barbara.mayer@advant-beiten.com