WFW advises the VALOREM Group on €550m finance deal
The €200m cash injection will come from a consortium comprised of AIP Management and IDIA
The €200m cash injection will come from a consortium comprised of AIP Management and IDIA
The projects will have a total combined capacity of approximately 310 MW.
The results showcase the dedication and expertise of our lawyers across our international network.
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.
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