PARQ Energy Acquires 56.6 MWp Solar Project in Brandenburg, Germany

PARQ Energy GmbH has acquired a 56.6 MWp solar park project in Brandenburg, Germany. The Hamburg-based integrated renewable energy developer, founded in 2023, continues to expand its German solar portfolio, which now totals approximately 200 MW. Watson Farley & Williams advised PARQ energy on the transaction.

Transaction date: · Source: wfw.com

Key facts

Transaction date
Technology
Solar PV
Capacity
57 MW
Transaction price
Not disclosed
Country
Germany
Region
Brandenburg
Location
Brandenburg, Germany
Continent
Europe
Development status
Under Development
PPA
n.a.

Technology details

56.6 MWp solar park project in Brandenburg, Germany. WFW will also advise PARQ energy on the further development of the project post-acquisition. Development stage not explicitly stated; further development referenced implies pre-operational status.

Additional information

Seller not disclosed. PARQ energy is an integrated project developer and IPP based in Hamburg, involved across the full value chain from land securing and development through to long-term operation. Founded in 2023, PARQ energy has developed projects with a total installed capacity of approximately 200 MW. Legal advisor to PARQ energy: Watson Farley & Williams (WFW), Hamburg and Frankfurt offices.

Source

Original announcement: https://www.wfw.com/press/wfw-advises-parq-energy-on-acquisition-of-56-6-mwp-solar-project/

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