PARQ Energy Acquires 49 MWp Solar Project

Watson Farley & Williams (WFW) has successfully advised PARQ Energy GmbH on the acquisition of a significant solar park project in Baden-Württemberg, Germany. The project boasts a capacity of 49.20 MWp. As a company deeply integrated in the life cycle of solar and renewable projects, PARQ Energy is responsible for the conception, implementation, and management of solar parks and related systems. This acquisition adds to their already substantial operational capacity, supporting over 1.4 million German households equivalently. Leading the advisory team was Hamburg Corporate Partner Dr. Wolfram Bögge, with a skilled team providing expertise in regulatory, real estate, and tax law. WFW's involvement is set to continue as they proceed with further development phases of the project. Dr. Bögge highlighted the excellence of WFW's M&A and regulatory services as essential in delivering value to PARQ Energy. The project is part of PARQ's strategic growth in the solar energy market, aligning with their commitment to sustainability and renewable energy advancements.