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DTB and Eisenberger & Herzog Advise Kelag on Acquisition of Orjak Wind Farm in Croatia

DTB and Eisenberger & Herzog Advise Kelag on Acquisition of Orjak Wind Farm in Croatia

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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.

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Čipčić-Bragadin Mesić & Associates is one of the leading law firms in Croatia that serve companies, credit & financial institutions and public entities. We have been recommended and recognized as the legal experts and service leaders by many leading international legal guides for more than 15 consecutive years. With roots dating from 1928. we now probably have more tradition, experience and market presence than almost any other law firm in Croatia. We work closely with the leading international law firms and consultants so we’re able to manage complex, cross-border projects and deals seamlessly and successfully. Around 85% of our clients are international enterprises doing business in Croatia. List of our clients include some of the world-renowned companies such as Amazon Europe Core, China Machinery Engineering Corporation, Tate & Lyle, Nafta a.s., Unilever Croatia, Unilever Hungary, Lenovo, Innoenergy CE, Flixmobility, Flixbus CEE South, Okoenergie Group, CTC Holding, Bunge Limited, Chipita, Rolls-Royce, Canvas Holidays, Vacalianselect, Redgate Software, Red gate Investment, Yahoo!, Aston Martin Lagonda, Domino Printing UK, Domino Printing Sciences, Goldman Sachs, Deutsche Bank, Barclays Bank, HSBC, State Street Bank, Citigroup Global Markets, Credit Suisse, Bank of America Merill Lynch, Standard Chartered, Och-Ziff Capital Management, Amundi Asset Management, Altima International, Red Arc Global Investments, SMBC Nikko Capital Partners, Royal Bank of Scotland, Morgan Stanley International, J.P. Morgan group, Allianz Global Investors, Schroders, Macquarie Bank, Digital Finance International, Winton Capital Management, Citibank, Invesco Asset Management Österreich, Croatian Pension Investment Company, Unicredit Bank AG etc. We enjoy learning about our clients’ businesses and want to understand them completely so we can provide the best possible and complete service.

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