Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 10-01-2023 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | Holdco Financing for ILOS Project GmbH | Industry: | Alternative Energy |
| Description: |
Milbank LLP advised EIG on an up to €500 million holdco financing for ILOS Project GmbH ("ILOS").
Milbank advised EIG as financing provider on the structuring and documentation of an up to €500 million holdco financing for ILOS, including legal due diligence on the group and its project pipeline. ILOS will issue registered notes which will be subscribed by EIG and other investors. The proceeds were expected to support ILOS’s plans to generate more than 2GW of power through solar and battery projects by 2026. The registered notes comprise an initial tranche of €250 million and includes an increase option that would increase the amount by an additional €250 million.
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| Financial Center: | Munich | Value: | 500.01-1000.00 |
| Advised Party: | Debt Provider | Law Firm | Milbank |
| Project Location | Germany | Equity Sponsor | Germany |
| Classification: |
Project Finance Renewable Energy Solar Facilities |
Lawyer | Barbara Mayer-Trautmann |
