Rautner Rechtsanwälte recently advised Windkraft Simonsfeld AG on the financing of 13 new wind power plants by the European Investment Bank (EIB) and Erste Group Bank AG, permitting a total investment of € 65 million in new energy infrastructure. The 13 new wind power plants will be built in Kreuzstetten, Dürnkrut and Hipples. With the € 65 million investment, Windkraft Simonsfeld AG becomes one of the largest investors in the Weinviertel region of Austria in 2018 and connects 1/5 of all new wind power plants in Austria to the power grid this year.
On the part of Rautner the transaction was handled by Dr. Uwe Rautner, LL.M. (Partner), Andreas Lengger (Associate) and René Semmelweis, LL.M. (Associate). At Windkraft Simonsfeld AG, the project was supervised by Martin Steininger (CEO), Alexander Hochauer (Finance) and Mag. Tanja Bernscherer (Legal).