The Systaic group has entered into the final agreements with the final investor, a European-wide leading German investment company, on the sale of its Spanish solar power plants. Ownership in all Systaic solar power plants hooked up to the power grid by September 28, 2008 were transferred to the final investor.
Legal advice to the group was provided by Heuking Kühn Lüer Wojtek, led by Dr. Mirko Sickinger, LL.M. and Dr. Thorsten Kuthe (both Partners) as well as by Rolf Uecker, Madeleine Zipperle and Sven Radke, LL.M. (all Associates). Support in the aspects of Spanish law was provided by the Cuatrecasas law office.