Schellenberg Wittmer has advised Reichmuth Infrastructure on the financing of its investment in a 100 MW battery storage plant in Germany.
Reichmuth Infrastructure has further expanded its renewables footprint in Germany with a joint venture to build a new 100 MW battery storage plant in Bavaria, together with energy storage developer MW Storage. While the Reichmuth Sustainable Infrastructure Fund will be the majority shareholder in the project, energy companies Bayernwerk and ZENOB will also join the partnership with minority holdings.
Schellenberg Wittmer's team consisted of Philippe Borens (Partner, overall lead, Banking & Finance), Andrea Andelic (Banking & Finance) and Roland Wild (Taxation).
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