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MLL Legal advised MW Storage Fund regarding its investment into a 200 MWh battery storage power plant in Germany

MLL Legal and WEIL advised SKP Investments SICAV, Teilfond MW Storage Fund regarding its investment as an anchor investor into a 200 MWh battery storage power plant in Arzberg, Germany.

A joint project of MW Storage Fund together with Reichmuth & Co Infrastructure as majority shareholder, and Bayernwerk AG and Zukunftsenergie Nordostbayern GmbH.

The battery storage power plant in Arzberg, Germany, has a connection capacity of 100 MWh and a storage capacity of 200 MWh. This makes it one of the largest installations currently planned in Germany. With the construction of the plant in Arzberg, the project partners are financing an important infrastructure for the energy transition, as the realisation of the energy transition requires not only the expansion of renewable energies but also a significant expansion of storage capacities. The entire battery storage power plant is expected to be completed and operational by early 2025.

MW Storage Fund is an investment vehicle of Swiss KMU Partners AG, which was launched for the battery storage power plant project in Arzberg. This fund gives clients of Swiss KMU Partners AG the opportunity to invest in sustainable energy infrastructure.

The MLL Legal team was led by Andrea Sieber (Partner, M&A) and consisted of Philipp Falk (Senior Associate, M&A), Michèle Sidler (Associate, M&A) and Daniel Schoch (Partner, Banking & Finance). The team of Weil, Gotshal & Manges LLP, Munich, was led by Gerhard Schmidt (Partner, M&A) and consisted of Andreas Fogel (Counsel, M&A), Amelie Zabel and Severin Scholz (both Associate, M&A).

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