The Swiss-based integrated European energy company MET Group has formed a Swiss joint venture company Keppel MET Renewables with Keppel Infrastructure Holdings to pursue renewable energy opportunities in Western Europe.
Keppel Infrastructure Holding is a wholly-owned subsidiary of Keppel Corporation, a Singapore flagship multinational company providing solutions for sustainable urbanization The Swiss JV between KI and MET Group serves as the next phase of their strategic partnership since KI invested 20% in MET Group in 2020. The new JV, Keppel MET Renewables, will pursue and invest in both greenfield and brownfield solar and onshore wind assets across Western Europe, which will complement MET Group’s businesses across Europe.
Bär & Karrer has acted as legal advisor to MET Group in this transaction. The team was led by Vera Naegeli (pictured) and included Matthias Tanner, Luca Tarzia, Florian Schweighofer, and Andrin Schulthess (all m&a/corporate) as well as Cyrill Diefenbacher, Adrian Rüegg and Anke Stumm (all tax).