Ashurst advises Aviva Investors on investment in Connected Infrastructure Capital GmbH to drive growth in renewable energy
Ashurst has advised Aviva Investors, the global asset manager of Aviva plc., on acquiring a 51% majority shareholding in Hamburg-based Connected Infrastructure Capital GmbH (CIC), a dynamic renewable energy developer focused on wind energy projects in Central and Northern Europe.
Aviva Investors' investment will provide the necessary funding to accelerate CIC's growth trajectory, expand its project pipeline, and support ongoing development activities.
This strategic partnership reflects Aviva Investors' desire to invest in high-impact, scalable renewable energy platforms that support the transition to clean energy. With Aviva Investors' financial backing and CIC's proven expertise, the partnership aims to play a key role in delivering sustainable energy solutions to Central and Northern Europe.
Connected Infrastructure Capital GmbH is a Hamburg-based renewable energy company specializing in the origination, acquisition, development, and operation of wind energy projects. With a focus on Poland and Sweden, CIC has built a substantial portfolio and pipeline of projects while operating a portfolio of 100 MW of wind parks in Central and Northern Europe.
Aviva Investors is the global asset manager of Aviva plc. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America, and the United Kingdom with £234 billion in assets under management as of June 30, 2024.
The project was led by partners Marina Arntzen and Stefan Bruder. The core team included Valentin Pfisterer (Senior Counsel), Christoph Tornau (Associate), Karen Kelat (Associate), and Maylin Heinrich (Associate), all specializing in Corporate Law and based in our Frankfurt and Munich offices.
Additionally, the team was bolstered by Michael Holzhäuser (Partner, Frankfurt) and Maria Held (Counsel, Munich), both experts in Competition Law. Volker Rosengarten (Partner, Dispute Resolution, Frankfurt) also played a pivotal role, alongside Roman Brtka (Partner) and Markus Witzmann (Senior Associate), both specializing in Intellectual Property and based in Munich. The Employment Law team from Frankfurt included Lukas Müller, Juditha von der Heydt (both Counsel), and Nassim Keyhan (Associate).
From our Luxembourg office, the team was strengthened by Isabelle Lentz (Partner, Corporate) and Paul Witte (Counsel, Corporate). The London office contributed with Eleanor Reeves (Partner, Real Estate) and Katrine Tvede (Associate, Dispute Resolution). The Brussels office was represented by Annick Vroninks (Partner) and Nina Schwartz (Associate), both specializing in Competition Law.
