O.Y. Nofar Energy Ltd. (“Nofar”), Israel, is one of the leading global investors in the area of renewable energy sources. Nofar has expanded its project portfolio by investing hundreds of millions in projects currently located in eight countries and is one of the biggest players when it comes to PV projects and battery storage systems.

In the context of a comprehensive due diligence investigation, BBH examined the legal aspects of the project and advised Nofar on drafting and negotiating the share purchase and assignment agreement for the acquisition of a project company. O.Y. Nofar Energy Ltd. thus managed to secure market access in a region where no project of comparable size or form exists to date.

“We are pleased that we could assist Nofar in this important project and that the transaction was handled in a highly professional manner in a very difficult situation for our client,” said BBH partners Wolfram von Blumenthal and Jens Vollprecht, the lead advisors in the transaction.

Becker Büttner Held is a leading provider of advisory services for energy and infrastructure companies and their customers. Energy and supply companies, particularly public utilities, municipalities and local authorities, industrial companies and international groups are among its core clients. BBH advises these and many other companies and organisations in all legal matters and also assists them with business and strategic advice.

Contact:

Prof. Dr. Ines Zenke
Rechtsanwältin/Lawyer, Partner
Phone +49 (0)30 611 28 40-179
ines.zenke@bbh-online.de

Visit the BBH group online at www.die-bbh-gruppe.de, www.bbh-blog.de, twitter.com/BBH_online or instagram.com/die_bbh_gruppe.