News – Operational legal support

Assistance to Eoluz in a distressed asset deal

We assisted Eoluz NV in the preparation and closing of a distressed asset deal with Oskomera Solar Power Solutions B.V., a company declared bankrupt on 16 June 2015. Work included, amongst others, negotiations with the trustees in bankruptcy and drafting of an asset purchase agreement.

Eoluz is specialized in renewable energy systems. Among other things, Eoluz develops and installs industrial photovoltaic installations. In addition, the company analyses and optimizes existing installations in which it carries out monitoring and maintenance activities. Eoluz has a portfolio of more than 70 MWp in monitoring and maintenance services. The company also provides new energy solutions such as energy charging infrastructure and energy management for industry, SME, agriculture and public authorities.

Filip De Schouwer and Tessa Gijbels constituted the deal team for this transaction.

More information on the transaction can be found [here]

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