Clifford Chance advised Giga Storage on the 260 million debt financing for its Albatross energy storage project in Germany, which will have 350 MW of power output and 1,400 MWh of storage capacity. A consortium of seven international banks provided the financing.
Bird & Bird advised Elevion Group on its acquisition of the Brasst Contracting Portfolio, around 120 heat generation plants across 43 locations in Germany, from Brasst Energiedienstleistungsgesellschaft.
White & Case has advised Hy24 on its agreement to acquire Uniper's 20% stake in the OPAL pipeline, marking the asset manager's first investment in regulated transmission infrastructure in Europe.
Hogan Lovells Cadwalader has advised an international consortium of banks on a €282 million long-term non-recourse project financing of a 351 MW solar photovoltaic portfolio owned by Encavis in Italy.
Clifford Chance has advised a syndicate of 16 commercial lenders and the European Investment Bank on the financing of the Gennaker offshore wind farm in the German Baltic Sea, a project developed by Skyborn Renewables and
A&O Shearman has advised Aukera, a pan-European battery storage and renewable energy platform, on the closing of an amended €460m structured credit facility, with EIG acting as lead investor.
Mayer Brown has advised Klesch Group on the financing aspects of its acquisition of the Gelsenkirchen refinery in Germany, extending a longstanding relationship between the firm and the energy company.
CMS advised Eco Stor GmbH on the sale of Eco Power One GmbH, operator of Germany's largest currently operating battery storage facility, to Alpiq Energie Deutschland GmbH following a bidding process.
Freshfields has advised a banking consortium led by BNP Paribas, ING and UniCredit on a €6.5 billion green revolving credit facility for Amprion, Germany's transmission system operator, embedding EU Taxonomy-aligned sustainability criteria into the company's core
Gleiss Lutz has advised Nextpower on its agreement to acquire Zimmermann PV-Steel Group, a Germany-based solar technology provider, in a transaction valued at up to €330 million in cash and stock.
