Latham & Watkins Advises MaxSolar on €155 Million Infrastructure Financing

Latham & Watkins LLP has advised MaxSolar, a leading German independent power producer, on a €155 million infrastructure financing for the expansion of its photovoltaic and battery energy storage (BESS) portfolio of approximately 1.3 GW. The portfolio comprises 912 MW of solar PV capacity, of which 440 MW is already in operation, as well as 379 MW of standalone and co-located battery storage, of which 25 MW of co-located capacity is operational. The financing is provided by funds managed by Copenhagen Infrastructure Partners, a global fund manager with Danish roots specialising in investments in green energy infrastructure.

The Latham team was led by Frankfurt finance partner Sibylle Münch and counsel Ralph Dräger. Advice was also provided on infrastructure matters by Frankfurt partner Alexander Stefan Rieger; on finance matters by associates André Traute, Verena Birke, and Yan Ma; on infrastructure and commercial matters by associate Pascal Wagenführ; on tax matters by Munich partner Ulf Kieker, with associate Henning Kleymann; on regulatory matters by Frankfurt partner Joachim Grittmann; and on real estate matters by associate Marie-Christine Welp.