Hogan Lovells advises Kommunalkredit Austria AG on a EUR 65 million development bridge financing for Greencells Group’s international green energy portfolio

Led by Partner Dr Carla Luh and Associates Tobias Ulbrich and Julian Schmidt, global law firm Hogan Lovells advised Kommunalkredit Austria AG on an international development bridge financing for Greencells Group

The financing provides Greencells with funds for the further development of its photovoltaic and battery storage project portfolio across Europe and is based on a Borrowing Base approach with an option to increase the overall financing volume to EUR 100 million.

Hogan Lovells provided legal advice in this complex cross-border transaction across seven jurisdictions on all aspects of the financing. Carla Luh and her team regularly handle the largest projects in the infrastructure and (renewable)-energy sectors and rank among the leading advisors in this sector.

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