International law firm Clifford Chance advised Partners Group and its portfolio company Gren on a top-up EUR 300 million debt financing package to support the next phase of Gren’s ambitious growth journey as a leading Northern European green energy company with focus on producing clean energy and providing energy solutions that range from sustainable district heating to renewable and industrial energy.
The financing package has been arranged by a consortium of nine European Banks and Institutions and will be an addition to the existing €522 million financing package.
The multijurisdictional Clifford Chance team was led by partner Alex Dimsdale Gill with support from senior associate Louise Baxter and associates William Goulbourne and Joshua Malek (London), together with partner Martin Wurth and senior associate Alexandre Sensi (Luxembourg) and partner Titus de Vries and trainees Onur Danismant and Lauresse Anemaet (Amsterdam).
Gren was acquired by Partners Group, a leading global private markets firm, acting on behalf of its clients, in 2021.
The firm previously advised Partners Group on the acquisition of Gren, and Gren on the acquisition of heat and power generation assets in the UK.