BayWa r.e. Sells Two Wind Farms to KGAL Investment Management
Deal News | May 21, 2025 | Taylor Wessing
BayWa r.e. Wind GmbH, a prominent entity in the renewable energy sector, has sold two wind farms in Rhineland-Palatinate to KGAL Investment Management. The legal advisory for BayWa r.e. was managed by Taylor Wessing, with a team led by Dr. Tillmann Pfeifer and Dr. Angela Menges. The wind farms, consisting of four turbines with a combined planned output of 23.8 MW, are set to commence operations in mid to late 2025. Combined, these wind farms will generate approximately 80,000 MWh annually, which will provide renewable electricity for more than 24,800 households. Post-sale, BayWa r.e. will continue overseeing technical and commercial operations while enhancing biodiversity initiatives.
Sectors
- Renewable Energy
- Legal Services
- Investment Management
- Corporate Finance
Geography
- Germany – The wind farms are located in Rhineland-Palatinate, Germany, and both BayWa r.e. and Taylor Wessing have significant operations in Germany.
Industry
- Renewable Energy – The article discusses the sale of wind farms, which falls under the renewable energy industry.
- Legal Services – Taylor Wessing provided legal advisory services for the transaction, highlighting the involvement of the legal services sector.
- Investment Management – KGAL Investment Management, a financial firm, is involved as the buyer, demonstrating the investment management industry's role in renewable energy projects.
- Corporate Finance – The transaction involves the sale and purchase of large-scale energy assets, indicating relevance to the corporate finance sector.
Financials
- 23.8 MW – Planned total output of the two wind farms involved in the transaction.
- 80,000 MWh – Annual electricity generation capacity of the two wind farms, supporting over 24,800 households.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BayWa r.e. Wind GmbH | Target Company | Company | A leading global developer and service provider in renewable energies, handling both the sale and operational responsibilities of the wind farms. |
| KGAL Investment Management | Bidding Company | Company | A financial investment management firm that purchased the wind farms from BayWa r.e. |
| Taylor Wessing | Legal Advisor | Company | Provided comprehensive legal services to BayWa r.e. for the transaction. |
| Dr. Tillmann Pfeifer | Legal Advisor | Person | Partner at Taylor Wessing, led the legal advisory team for BayWa r.e. |
| Dr. Angela Menges | Legal Advisor | Person | Salary partner at Taylor Wessing, co-led the advisory efforts. |
| Hannes Tutt | Legal Advisor | Person | Salary partner focused on Commercial Real Estate at Taylor Wessing. |