Led by partner Dr Carla Luh and counsel Stipe Bojanic, global law firm Hogan Lovells advised Deutsche Bank AG on a Revolving Acquisition Facility of EUR 125 million for photovoltaic projects of QUARTERBACK Energy Project GmbH.
Leipzig-based Quarterback Energy Project GmbH, a cornerstone of the energy division of QUARTERBACK Immobilien AG, has agreed a credit line with Deutsche Bank AG for the realization of portfolio of ready-to-build ground-mounted photovoltaic systems in Germany. QUARTERBACK Immobilien AG recognizes the urgency of the energy transition – by founding QUARTERBACK Energy Project GmbH, it is driving forward future-proof measures and creating long-term sustainable solutions.
Hogan Lovells advised Deutsche Bank AG on all aspects of the legal negotiations of the financing agreement and on due diligence.
“The successful realization of this bridge financing underlines not only our clients vision for sustainable energy projects, but also our commitment at Hogan Lovells to support pioneering transactions in the renewable energy sector,” said Dr Carla Luh, Head of the German Finance Practice at Hogan Lovells.