STEAG considers a sale of its onshore wind farm Crucea in Romania
STEAG GmbH, together with its subsidiaries and affiliates (“STEAG Group”), is a German energy generator and service provider. As one of the largest generators of electricity in Germany, STEAG Group owns and operates fossil fuel plants and renewable generation assets with a total capacity of c. 7,200 megawatts (MW), of which c. 5,000 MW are located in Germany. The group has an extensive experience in operating onshore wind farms based on c. 400 MW power generation capacity.
In Romania, STEAG Group has successfully developed and realized the wind farm Crucea and now considers a full divestment of its shares in the asset holding SPV entity as well as in the corresponding local O&M and administration service entity (the “Contemplated Transaction”). STEAG Group publishes this call for a submission of interest to participate in a transparent and non-discriminatory bidding procedure for the acquisition of shares of the entities representing a capacity of approx. 108 MW (the “Submission of Interest”). The wind farm is located in the south-east of Romania. The COD was in Q4 of 2014.
Parties interested in bidding for the Contemplated Transaction are invited to send their Submission of Interest by e-mail, containing the name, address and contact details of the interested party and the responsible persons in relation to the Submission of Interest, as well as name and address of mandated advisers (if any) to the approved contact persons Marvin Eiligmann and Thomas Wasserek from Rothschild & Co which has been hired by STEAG Group to act as a financial adviser:
| Marvin Eiligmann Vice President Rothschild & Co Börsenstraße 2-4 60313 Frankfurt am Main, Germany marvin.eiligmann@rothschildandco.com | Thomas Wasserek Associate Rothschild & Co Börsenstraße 2-4 60313 Frankfurt am Main, Germany thomas.wasserek@rothschildandco.com |