Verbund Acquires 272-Megawatt Wind Project from Monsson
Deal News | Apr 23, 2025 | CEE Legal Matters
Verbund, an Austrian energy giant, has acquired a 272-megawatt wind project from the Romanian renewable energy company Monsson. The project's construction is set to begin in 2026, with the current status being 'Ready to Build.' However, the deal awaits regulatory approval. Schoenherr provided legal counsel to Verbund, while Berechet Rusu Hirit advised Monsson on the transaction. The wind project is situated in Caras-Severin County, Romania.
Sectors
- Renewable Energy
- Legal Services
Geography
- Romania – The location of the wind energy project and the operations of Monsson, a Romanian company.
- Austria – The headquarters of Verbund, the acquiring company in the transaction.
Industry
- Renewable Energy – The article discusses a transaction involving a renewable energy project, specifically a wind energy development in Romania.
- Legal Services – The involvement of legal advisories like Schoenherr and Berechet Rusu Hirit in facilitating the transaction highlights the legal services sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Verbund | Acquiring Company | Company | An Austrian energy company acquiring the wind project. |
| Monsson | Vendor | Company | A Romanian renewable energy company selling the wind project. |
| Schoenherr | Legal Advisor | Company | Provided legal advice to Verbund on the acquisition. |
| Berechet Rusu Hirit | Legal Advisor | Company | Reportedly advised Monsson in the transaction. |