hellgrün Secures Strategic Partnership with Saxovent
Deal News | Feb 05, 2025 | Osborne Clarke
Osborne Clarke has advised hellgrün energie GmbH on its strategic partnership with Saxovent Smart Eco Investments GmbH. This partnership sees Saxovent invest EUR 500,000 in hellgrün, thereby completing its seed financing round. hellgrün, founded in 2023, specializes in holistic solar projects for commercial customers and plans to use the funding to enhance its platform and team in order to achieve its goal of installing 100 MW of solar power by 2027. Saxovent, an experienced Berlin-based investment company specializing in renewable energy, brings valuable expertise to this initiative. The advisory team from Osborne Clarke was led by Nicolas Gabrysch and included specialists from various legal domains.
Sectors
- Renewable Energy
- Corporate Finance
- Legal Services
- Venture Capital
Geography
- Germany – hellgrün is based in Cologne and Berlin, and Saxovent is Berlin-based, making Germany the primary geographical focus of the article.
Industry
- Renewable Energy – The article discusses the strategic partnership and investment in a company, hellgrün, that specializes in solar energy projects, a key component of the renewable energy sector.
- Corporate Finance – The involvement of Osborne Clarke and the completion of a seed financing round are relevant to the corporate finance industry.
- Legal Services – Osborne Clarke, a law firm, is providing advisory services for the strategic partnership, which falls under the legal services industry.
- Venture Capital – The seed financing of EUR 500,000 indicates involvement in the venture capital industry as it pertains to the funding of a startup company.
Financials
- 500000 EUR – The amount of seed financing received by hellgrün from Saxovent.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| hellgrün energie GmbH | Target | Company | A company providing holistic solar projects for commercial customers, recently formed a strategic partnership with Saxovent. |
| Saxovent Smart Eco Investments GmbH | Bidding Company | Company | A Berlin-based investment company investing in hellgrün as part of a strategic partnership. |
| Osborne Clarke | Legal Advisor | Company | Provided legal advisory services to hellgrün for their strategic partnership with Saxovent. |
| Wenzel Gerstner | Entrepreneur | Person | Co-founder of hellgrün energie GmbH. |
| Lucas Josten | Entrepreneur | Person | Co-founder of hellgrün energie GmbH and quoted in the article about the strategic partnership. |
| Roman Steigertahl | Entrepreneur | Person | Co-founder of hellgrün energie GmbH. |
| Nicolas Gabrysch | Legal Advisor | Person | Led the Osborne Clarke team advising hellgrün. |