Thermondo Sets Precedent: Inaugural Securitisation Fuels Green Energy Expansion

Thermondo, a prominent energy transition firm based in Berlin, has successfully executed its initial securitisation to refinance receivables from solar and heat pump systems. This innovative financial move was achieved with the legal support of Hogan Lovells, who advised thermondo on the structuring and regulatory compliance of the transaction. By issuing structured notes to a single investor, thermondo aims to accelerate the deployment of sustainable energy solutions across Germany, having already installed over 50,000 systems. The partnership with Hogan Lovells underscores their expertise in renewable securitisation, aiming to provide affordable clean energy financing and promote the energy transition. The deal highlights embedded financing as pivotal in advancing green energy adoption, with favorable capital market conditions enhancing thermondo's customer benefits.