WFW advises Bayerische Landesbank on €61m financing of Encavis’ largest German solar park
The plant is expected to make a significant contribution to Germany’s energy transition
The plant is expected to make a significant contribution to Germany’s energy transition
As the world moves towards a greener future, the chemical industry must continue to innovate and adapt, playing a crucial role in the global effort to combat climate change.
EU Renewable Energy Directive (RED III) mandates 42% green hydrogen use in the industry by 2030, rising to 60% by 2035 which will have significant impacts on industrial parks.
The Lubmin Project will produce around 100,000t of green hydrogen per year.
The financing is for the acquisition, construction and development of a pipeline of renewable projects.
NORD/LB acted as mandated lead arranger, agent and lender.
We advised ICO, Sabadell and HSBC on a €500m ECA-backed green loan guaranteed by Spanish ECA Cesce and granted to Iberdrola to finance the construction and development of renewables projects in the US, Australia, and Italy.
WFW performed well in the Inframation, inspiratia and IJGlobal H1 league tables.
Jasper is one of Greece’s largest independent power producers from renewable sources.
WFW acted as Belenergia’s Italian legal counsel on all aspects of the transaction.