GP JOULE Sells Stake in Bierbergen Wind Farm to KGAL
Deal News | Apr 23, 2025 | Hogan Lovells
GP JOULE has sold a stake in the Bierbergen wind farm to KGAL, continuing their collaborative efforts in the wind energy sector. The Bierbergen wind farm, located in Lower Saxony, will consist of five wind turbines with a total planned capacity of 28 MW. This transaction is the fourth joint project between GP JOULE and KGAL, reflecting their commitment to advancing the energy transition. Hogan Lovells provided comprehensive legal advice to GP JOULE throughout the sale process, showcasing its expertise in corporate M&A. The legal advisory team included Partners and Associates from their Frankfurt office.
Sectors
- Renewable Energy
- Corporate Finance & Advisory
Geography
- Germany – The Bierbergen wind farm is located in Lower Saxony, and the involved companies, GP JOULE and KGAL, are based in Germany.
Industry
- Renewable Energy – The article discusses the sale of a stake in a wind farm project, which is a part of the renewable energy sector.
- Corporate Finance & Advisory – Hogan Lovells provided legal advice on the sale transaction, which falls under corporate finance and advisory services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GP JOULE | Seller | Company | An integrated energy provider active in the entire energy value chain, GP JOULE is selling a stake in the Bierbergen wind farm. |
| KGAL | Buyer | Company | KGAL offers investment solutions in renewable energy, including wind power, and is buying a stake in the Bierbergen wind farm. |
| Hogan Lovells | Legal Advisor | Company | A multinational law firm that provided comprehensive legal advice to GP JOULE on the sale. |
| Bierbergen Wind Farm | Target | Company | A wind farm project located in Lower Saxony, co-developed by GP JOULE. |