DTB Advised Kelag in Acquisition of Windpark

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DTB advised Kelag, a leading Austrian energy company, in its acquisition of Orjak windfarm from the German BayWa r.e. The windfarm with 10.25 MW capacity is located 25 km south of Split and has been operative since 2018. Its annual production of 25 000 MW can satisfy average annual energy consumption of 7,000 households. With this acquisition, Kelag now operates two windfarms in Croatia.

The purchase of the Orjak windfarm is an important contribution to our strategy to strengthen renewable energy generation in order to actively contribute to climate protection.” reported the company. Kelag invests exclusively in renewable energy, in Austria as well as in neighbouring countries.

The transaction was handled by six-people strong DTB energy and M&A teams led by senior partner Mario Krka and partner Marina Kovač Krka.