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From Niche To Standard? M&A Transactions Under Scrutiny By The German Foreign Direct Investment Regime - Government, Public Sector

From Niche To Standard? M&A Transactions Under Scrutiny By The German Foreign Direct Investment Regime - Government, Public Sector
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From Niche to Standard? M&A Transactions Under Scrutiny by the German Foreign Direct Investment Regime | WilmerHale

To embed, copy and paste the code into your website or blog: The German federal government recently passed the 17th amendment to the Foreign Trade and Payments Ordinance ( Außenwirtschaftsverordnung AWV), which considerably expands the scope of foreign direct investment (FDI) screening in Germany. The new AWV rules apply to all transactions signed after May 1, 2021. This follows a general trend in the European Union (EU) driven by the framework of the EU FDI Screening Regulation 2019/452 and in many other countries toward tightening screening and review of foreign investment. The expanded AWV scope will potentially affect all cross-border M&A activities directly or indirectly related to German assets or companies. 

Renewable energy sources: On the way towards large-scale thermal storage systems

 E-Mail IMAGE: Within the framework of KIT s LIMELISA project, components for large-scale thermal storage systems are tested in a liquid metal circuit. (Photo: Karsten Litfin, KIT) view more  Credit: Photo: Karsten Litfin, KIT High-temperature technologies enable electrothermal storage systems for large amounts of energy from renewable sources. Karlsruhe Institute of Technology (KIT), the German Aerospace Center (DLR), and the industry partner KSB have now launched the LIMELISA project to develop the necessary basis. Research is funded with EUR 3.8 million by the Federal Ministry for Economic Affairs and Energy. Every year, wind parks and solar facilities in Germany produce thousands of gigawatt hours of power that cannot be used directly and therefore remain unused. At other times, lacking capacities are compensated by energy from fossil sources. Large-scale electrothermal storage systems may solve this problem and additionally enhance grid stability. The idea is to c

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