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WIRCON GmbH

September 14th, 2018

We advise the sponsor - WIRCON GmbH - for the participation of the company via the SPV holding the Projects’ licenses at the next RAE Call for Tenders; we render advice in relation to the Feed in Premium structure, regulatory aspects of the market and have performed an extensive legal due diligence on the PV Assets to be acquired of a size of up to 61 MWs; we have expanded our due diligence on the applicable licensing issues in order to confirm the status thereof.



The project will be constructed once the SPV will be awarded the tender for the related capacity of a total of up to 10MWp based on the terms and conditions of the next RAE Call for Tenders; in parallel, the parties are concluding SHA/SPA which would allow financing and other related matters to be undertaken by the sponsor before the completion of the transaction. KG performed extensive legal due diligence on the Projects on the environmental terms applicable on the project and offer comfort on regulatory issues due to the change of control expected. We are presently structuring a conditional Term Sheet for the acquisition of the SPV. We are also advising on several housekeeping matters of the SPV.
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