Stenger LLP advises BayernLB in relation to the €25 million refinancing of a solar power plant portfolio of the solar and wind park operator Capital Stage
All seven solar farms are located in the Italian Regions Emilia-Romagna, Abruzzo and Marche and have an overall capacity of approximately 14.1 MWp.
Due to the successful refinancing of the originally all-equity financing, the Sponsor has now additional funds available for further investments.
Stenger LLP assisted BayernLB in the structuring, negotiation and drafting of all financing documents (including the security package) and the financial closing. Aspects of Italian law were covered by PG Legal, Rome.