Over the next three years, the Miami-based U.S. company plans to invest half a billion euros in expanding photovoltaic systems in agriculture (Agri-PV). The acquisition represents the largest investment by a U.S. investor in the Agri-PV sector to date and one of the largest investments in the German renewable energy market. The closing is expected in the fourth quarter of this year, subject to necessary approvals.

The partnership aims to accelerate the development of innovative projects in the renewable energy sector, unlocking further potential to shape the future of energy sustainably.

Hogan Lovells provided comprehensive legal advice on all aspects of the transaction. Matthias Hirschmann and his team regularly advise on complex acquisition and sales processes, particularly in the renewable energy sector.