Kommunalkredit Secures Financing for German Solar Projects
Deal News | Apr 28, 2025 | Hogan Lovells
Hogan Lovells has advised Kommunalkredit Austria AG on a significant senior construction bridge facility for two photovoltaic projects developed by PARQ energy in Germany. These projects, with a combined capacity of approximately 88 megawatts peak (MWp), are situated in the German states of Brandenburg and Saxony. This financing marks another successful collaboration between Kommunalkredit and PARQ energy, underscored by the legal expertise of Hogan Lovells. The law firm provided comprehensive legal advice on the financing structure and due diligence for the projects, showcasing its strong position and experience in the infrastructure and renewable energy sectors. The official overseeing this project at Hogan Lovells is Carla Luh, whose team is notably recognized as one of the leading advisors in this field.
Sectors
- Renewable Energy
- Legal Services
- Infrastructure Finance
Geography
- Germany – The photovoltaic projects are located in the federal states of Brandenburg and Saxony, Germany.
- Austria – Kommunalkredit Austria AG, the entity receiving legal advisement, is based in Austria.
Industry
- Renewable Energy – The article discusses a financing deal for solar (photovoltaic) projects, which fall under the renewable energy sector.
- Legal Services – Hogan Lovells provides legal advisory services for the financing deal, highlighting the role of legal services in infrastructure and energy projects.
- Infrastructure Finance – The financing arrangement is for the construction of infrastructure projects, specifically solar energy facilities.
Financials
- Not disclosed – The specific financial figures regarding the senior construction bridge facility were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kommunalkredit Austria AG | Client/Financing Provider | Company | An Austrian bank focused on infrastructure and energy financing. |
| PARQ energy | Project Developer | Company | A company focused on developing photovoltaic projects in Germany. |
| Hogan Lovells | Legal Advisor | Company | A prominent international law firm providing comprehensive legal advice on the financing deal. |
| Carla Luh | Team Lead | Person | Lead at Hogan Lovells for handling major infrastructure and renewable energy projects. |