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Deloitte Legal Helps ABO Wind with Second Hungarian Investment

Deloitte Legal Helps ABO Wind with Second Hungarian Investment

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Deloitte Legal has helped Germany's ABO Wind AG launch a 5.2 MW solar power plant to the south of Debrecen in Hungary.

On January 28, 2019, ABO Wind acquired the licensed project company, allowing the German company to build a solar power plant in the southern part of Debrecen. The plant is ABO Wind's second solar panel project in Hungary, as the company is also developing a 4.95 megawatt solar power plant to be completed in the first half of 2019.

Deloitte Legal describes ABO Wind, which was founded in 1996 and which employs more than 500 people, as "an experienced project developer in Germany and in the region, with significant investments as owner, builder and operator." According to Deloitte Legal, "ABO Wind undertakes all steps of project development, from the purchase of the site to construction. The company buys and successfully completes projects at any stage of the development. So far, the company has connected some 670 wind, solar, and biogas power plants to the electricity network in all parts of the world with a total capacity of 1500 MW. The company is currently working in 16 countries with 4,000 megawatts of wind power and 600 megawatts of solar power."

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa, and Asia Pacific. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

Firm's website.

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