Schoenherr has advised Verbund – via its Verbund Energy4Business and Verbund Thermal Power subsidiaries – on the acquisition of all shares in Solarpower Holding together with its subsidiaries MSP Solarpower and IFIX-Solar from its shareholder. SCWP Schindhelm reportedly advised the sellers.
According to Schoenherr, “Verbund is Austria's leading electricity company and one of the largest producers of electricity from hydropower in Europe. Almost 100% of Verbund’s electricity generation comes from climate-friendly, renewable hydropower.”
Solarpower Holding, based in Feldkirchen an der Donau, Upper Austria, is a provider of consulting, funding processing, system planning, delivery, assembly, and commissioning of turnkey photovoltaic plants. The company specializes in renewable energies and has installed more than 3,000 photovoltaic systems throughout Austria.
The Schoenherr team included Partners Markus Piuk and Marco Thorbauer, Attorneys at Law Michael Marschall and Constantin Klausegger, and Associates Lukas Pirringer, Irina Hanin, Verena Krikler, and Gabor Kulcsar.