Divjak Topic Bahtijarevic & Krka and Eisenberger & Herzog have advised the Austrian energy company Kelag on its acquisition of the Orjak wind farm in Croatia from BayWa. Tokic Ivic Sverak reportedly advised the seller on the deal.
Financial details of the transaction were not disclosed.
BayWa is a Munich-based company that operates in 14 countries in the agriculture, building materials, and energy sectors.
The 10.25 MW Orjak wind farm — now the second owned by Kelag in Croatia — is located 25 kilometers south of Split and has been operational since 2018.
DTB’s team included Senior Partner Mario Krka and Partner Marina Kovac Krka, among others.
Eisenberger & Herzog’s team in Vienna consisted of Partner Marco Steiner, Attorney-at-Law Christoph Lejsek, and Associate Niklas Kerschbaumer-Gugu.
Editor's note: After this article was published, Topic Ivic Sverak confirmed that it had advised the sellers — ECOwind and BayWa — on the deal. The firm's team included Partners Iva Tokic Culjak and Ivana Sverak.