Hogan Lovells advises SUNfarming on sale of shares of Cube Green Energy

Hogan Lovells advises SUNfarming on sale of shares of Cube Green Energy

Press releases | 28 November 2024

Led by Hamburg-based partner Matthias Hirschmann, global law firm Hogan Lovells has advised the founders of the SUNfarming Group on the sale of their company shares of Cube Green Energy Deutschland GmbH. Buyer is the U.S. investor I Squared.

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.

Hogan Lovells Team for SUNfarming

Corporate/M&A

Matthias Hirschmann (Partner, Lead), Yannic Venus, Julian Tristram, Dr. Maximilian Frystatzki (all Senior Associates), Philip Genske, Moritz Lamersdorf, Scott Prior (all Associates), Adrianni Marhain-Prante (Foreign Associate);

Tax

Dr. Mathias Schönhaus (Partner), Jan Meinecke (Associate);

Antitrust

Christian Ritz (Partner), Dr. Falk Schöning (Partner), Dr. Dennis Cukurov (Senior Associate);

Intellectual Property

Christian Stoll (Partner), Bastian Englisch (Senior Associate);

Real Estate

Dr. Dirk Debald (Partner), André Lohde (Senior Associate);

Finance

Dr. Alexander Wandt (Counsel);

Employment 

Dr. Justus Frank (Counsel).