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Nexia Ebner Stolz

Economic Sectors

Energy

Since the ad­op­tion of the en­ergy tur­naround po­licy in 2011, the en­ergy in­dus­try has been faced with the im­mense chal­lenge of pha­sing out nu­clear power by 2022 while at the same time en­su­ring a re­lia­ble en­ergy supply. In­cor­po­ra­ting a gro­wing share of re­ne­wable en­ergy sour­ces into the en­ergy mix re­qui­res large in­vest­ments in the power supply net­work. The need is for in­no­va­tive and in­tel­li­gent so­lu­ti­ons that will safe­guard the en­ergy supply and can also be im­ple­men­ted as fast as pos­si­ble.

With all that, who can won­der that the en­ergy in­dus­try – from uti­li­ties to pro­vi­ders of equip­ment for ge­ne­ra­ting re­ne­wable en­ergy to en­ergy con­sul­tants – has its hands full with re­ori­en­ting its core busi­ness to the fu­ture.

Op­por­tu­nities to pro­fit from fee­ding en­ergy into the grid and dis­tri­bu­ting it, as well as from ope­ra­ting the grid, must be ex­pec­ted to dwindle. At the same time, for­eign com­pe­ti­tion has placed the re­ne­wable en­ergy mar­ket – es­pe­cially in so­lar en­ergy – in a dif­fi­cult po­si­tion. There is some ques­tion whe­ther the pu­ni­tive cu­st­oms du­ties in­tro­du­ced by the EU Com­mis­sion will be enough by them­sel­ves. As a con­se­quence, many com­pa­nies will be loo­king into coope­ra­tive ar­ran­ge­ments to tap new areas of the mar­ket.

To handle these chal­len­ges, they need re­lia­ble part­ners at their side. We’ll be happy to pro­vide the ex­per­tise we’ve gai­ned from ad­vi­sing and as­sis­ting a great many com­pa­nies in the en­ergy in­dus­try. With know­ledge of con­cerns spe­ci­fic to the in­dus­try, the re­qui­re­ments of en­ergy law, and the tax en­viron­ment, our in­ter­di­sci­pli­nary team of ac­coun­tants, au­di­tors, at­tor­neys, tax ad­vi­sors and cor­po­rate con­sul­tants can help you find ex­pert, prac­tical so­lu­ti­ons.

Our services at a glance

  • Sin­gle-en­tity and con­so­li­da­ted an­nual fi­nan­cial state­ments un­der the Ger­man Com­mer­cial Code and IFRSs for com­pa­nies in the en­ergy in­dus­try
  • In­de­pen­dent busi­ness re­view and fi­nan­cial fact books
  • Fi­nan­cial, tax and le­gal due di­li­gence
  • Ad­vi­sing on IFRS is­sues spe­ci­fic to the in­dus­try
  • As­sis­tance with ac­coun­ting re­views by the Fi­nan­cial Re­por­ting En­force­ment Pa­nel (FREP) and spe­cial re­views
  • Tax-op­ti­mi­zed struc­tu­ring of cor­po­rate groups in en­ergy pro­duc­tion
  • As­sis­tance with IPOs
  • Cross-bor­der in­vest­ments
  • Pre­pa­ra­tion of elec­tric power tax re­turns
  • Mo­ni­to­ring and ad­vi­sing on spe­cial is­sues con­cerning va­lue ad­ded tax (e.g., di­rect mar­ke­ting, mar­ket and fle­xi­bi­lity bo­nus, re­verse char­ging, ad­just­ments un­der the Re­ne­wable En­ergy Act)
  • As­sis­tance with stress tests and pre­pa­ra­tion of the ne­cessary sce­na­rio cal­cu­la­ti­ons
  • Pro­fi­ta­bi­lity cal­cu­la­ti­ons for de­ci­si­ons on in­ves­ting in en­ergy ge­ne­ra­ting units (e.g., wind farms, so­lar farms)
  • Re­views of ap­pli­ca­ti­ons for li­mits on re­al­lo­ca­tion un­der Sec. 41(2) of the Re­ne­wable En­ergy Act for com­pa­nies and in­de­pen­dent cor­po­rate units (also un­der Sec. 41(5) sen­tence 4 of the Re­ne­wable En­ergy Act)
  • Ana­ly­sis and op­ti­miza­tion of en­ergy and elec­tri­city tax im­pact for com­pa­nies in the ma­nu­fac­tu­ring in­dus­try, es­pe­cially as­sis­tance with re­fund pro­ce­du­res for elec­tri­city and en­ergy ta­xes

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