Led by partners Dr. Tim Heitling and Dr. Thomas Dörmer global law firm Hogan Lovells has advised the European Infrastructure team of ICG, the global alternative asset manager, on a partnership with W Power Storage, a German platform specialising in grid-scale battery energy storage systems (BESS).
Headquartered in Heidelberg, Germany, W Power combines expertise in land acquisition, permitting, engineering, construction and the operation of grid-scale BESS. With ICG Infra’s backing, the platform plans to deploy up to €500m to deliver its multi-gigawatt BESS project pipeline, with projects already in operation and under construction. In addition, the platform will contribute to meeting the objectives of the EU Green Deal and Germany’s climate neutrality targets. The newly formed partnership adds to ICG Infra’s existing portfolio of assets in the energy transition sector.
Hogan Lovells has advised ICG Infra on all legal aspects of the transaction. The team is highly specialised in energy and infrastructure projects, with particular expertise in the development, financing and structuring of assets across the energy transition value chain. Drawing on its cross-practice capabilities, the team regularly advises investors, developers and asset managers on complex domestic and cross-border transactions in the renewable energy and storage sectors.
Hogan Lovells team for ICG Infra
Dr. Tim Heitling (Partner), Dr. Thomas Dörmer (Partner), Giannina Kreutz, Dr. Daniel Neudecker (Counsel), Annekathrin Baron Boonstra, Nurelia Kather (Senior Associates), Anya Zou (Associate), Lina Sophie Makrutzki (Associate, Dusseldorf), Marlene Wagner, Dogukan Yavuz (Energy & Infra M&A, Berlin);
Dr. Florian-Alexander Wesche (Senior Counsel), Katharina Rath (Counsel) (Energy Law, Dusseldorf);
Damian Sternberg (Senior Associate), Dr. Noel Schröder (Associates) (Public Law, Dusseldorf);
Dr. Kerstin Neighbour (Partner), Sophia Gottschlich (Senior Associate) (Employment, Frankfurt);
Mark Devlin (Counsel, Capital Markets, Frankfurt);
Dr. Carla Luh (Partner), Julian Schulz, Tobias Ulbrich (Associates, Hamburg), Dr. Marzieh Rad, Edris Zewari (Associates, Frankfurt) (Infrastructure Finance);
Markus Franken (Partner, Real Estate, Frankfurt);
Dr. Mathias Schönhaus (Partner), Jan Meinecke (Associate) (Tax, Berlin);
Prof. Dr. Fabian Pfuhl (Counsel), Felix Ackermann (Senior Associate) (Intellectual Property, Frankfurt);
Dr. Marc Schweda (Partner, Antitrust, Hamburg).
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
