Hogan Lovells Advises Berenberg on Financing of Wind Park Portfolio in Germany
Global law firm Hogan Lovells, led by partner Dr Carla Luh, has advised private bank Berenberg and the Berenberg Green Energy Debt Funds on the financing of a wind park portfolio of ABO Energy in Germany. The financing package includes an approximately 200 MW wind park portfolio, consisting of eleven German wind parks in various Federal states, which are either ready-to-built or in the construction phase. Berenberg and its managed funds will provide the financing to optimize liquidity for the project companies until the planned sales of the wind farms.
Key Takeaways:
- Hogan Lovells advised Berenberg comprehensively on all matters related to the financing and due diligence for the wind park portfolio.
- The financing package includes an approximate 200 MW wind park portfolio, consisting of eleven German wind parks in various Federal states.
- Berenberg and its managed funds will provide the financing to optimize liquidity for the project companies until the planned sales of the wind farms.
- The transaction highlights Hogan Lovells' expertise in advising on complex renewable energy financings in Germany and across Europe.
- Partner Dr. Carla Luh led the Hogan Lovells team, which included Counsel Stipe Bojanic, Senior Associate Merve Mert, Associate Julian Schulz, Business Lawyer Aneta Walka, and others.
Statistics:
- The wind park portfolio consists of approximately 200 MW of wind power capacity.
- Eleven German wind parks are being financed through this deal, located in various Federal states.
- The financing package includes an unitranche credit facility in addition to existing equity invested.
- Hogan Lovells' team consisted of 7 professionals, led by partner Dr. Carla Luh.
Sources:
- Hogan Lovells
- Berenberg
- ABO Energy
- https://www.hoganlovells.com/en/news/hogan-lovells-beraet-berenberg-und-die-berenberg-green-energy-debt-funds-bei-der-finanzierung-eines-windparkportfolios-von-abo-energy-in-deutschland