As part of its “Solutions 2030” strategy, BKW AG is participating in a large battery storage project in North Rhine-Westphalia with an investment volume of over EUR 200 million. The aim is to support the stability of the energy system in an increasingly volatile by temporarily storing electricity from renewable production market. The law firm Tiefenbacher Rechtsanwälte provided legal advice to BKW on its participation in the construction of battery storage facilities with a capacity of 300 MW.

Tiefenbacher was involved in all legal issues relating to corporate structuring, the participation in the project company and the drafting of the contracts. Partner Dr. Johannes Bickel (construction law) and Dr. Peter Sebastian Schneider (corporate law) were in charge, supported by an interdisciplinary team from the areas of construction law as well as real estate and tenancy law; see also

https://www.bkw.ch/de/ueber-uns/aktuell/medien/medienmitteilungen/bkw-realisiert-in-deutschland-grossbatterieanlage-mit-300-mw-leistung

PRESS_RELEASE_BKW.pdf  

More and more employers are creating interesting incentives for their employees through variable remuneration.
However, you can read in our attached newsletter what happens if the targets are communicated late and to what extent the employee is entitled to compensation.