Global law firm Clifford Chance has advised Gren Group in connection with a €1.15 billion refinancing for its Baltics business, representing the largest infrastructure financing in the region to date.
This financing will accelerate Gren’s expansion and strengthening of its energy infrastructure across the Baltics. Gren is owned by Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients.
Gren provides district heating and cooling, renewable energy solutions, and industrial energy services, and has extensive local biomass and waste-based energy production experience.
The Clifford Chance team was led by London Debt Finance partners Alexandra Dimsdale-Gill and Neil Cavanagh, senior associate Louise Baxter and associate Boma George, with support from partner Martin Wurth and associate Polina Rogozhina in Luxembourg. Partner Will Winterton and senior associate Rachel Robertson advised on hedging.
