Luther advises Fronteris on strategic partnership with Krefeld municipal utilities, contributing to energy transition

The cooperation between Fronteris and SWK, which was supported by Luther, aims to realise new projects in the field of renewable energies (RE) and to further develop the emerging business with large-scale battery storage systems. Fronteris, a leading company in the field of renewable energies, specialises in the project planning, realisation, sale and operation of onshore wind and open-field photovoltaic plants.

A team of Luther lawyers, headed by Dr. Michael Bormann, a well-known M&A expert, advised Fronteris on all legal matters concerning the participation and accompanied the negotiations with SWK AG. The cooperation offers both companies considerable strategic advantages: while Fronteris benefits from SWK's experience and market mechanisms, SWK AG strengthens its position in the field of green electricity generation and distribution. The cooperation makes it possible to develop new markets in the area of storage management, which makes a decisive contribution to the stabilisation and efficiency of energy supply.

By combining the strengths of both companies, the implementation of innovative energy concepts is accelerated in order to advance the expansion of renewable energies in Germany. Both parties have agreed not to disclose the value of the transaction.

About Fronteris AG:

The FRONTERIS Group has been working as a project planner in the field of renewable energy sources such as solar, wind and biogas for 25 years. Its goal is to decisively advance the development of energy production and to handle existing resources responsibly. To this end, it develops economic ideas and concepts for the reliable generation of energy from solar, wind and biogas for an optimal interplay between ecology and economy.

For the Engelhardt Foundation and Fronteris AG:

Inhouse: Jakob Inhofer

Luther, Corporate M&A: Dr. Michael Bormann (Partner), Marc Urlichs (Counsel), Simon Wickel (Associate), Ahmed Zoughbi (Associate), Marie Hoster, LL.B. (Associate)

Luther, competition law: Dr. Holger Stappert (Partner), Franz-Rudolf Groß, LL.M. (Counsel), Dr. Jan-Lukas Henkst (Associate)

Luther, banking supervisory law: Dr. Rolf Kobabe (Partner)

For SWK AG:

Inhouse: Michael Depenbrock (Generalbevollmächtigter und Leiter Rechtswesen), Andreas Teller