Simmons & Simmons has advised ENERPARC AG on the successful closing of a €500 million junior/holding company (Holdco) debt platform, supporting the construction of a 5GW pipeline of solar and co-located solar/BESS projects across Germany, France, and Spain.
This financing, provided by 18 funds managed by Eiffel Investment Group, Schroders, and EIG Partners, represents the largest holdco financing ever closed in the German energy transition sector, covering more than 100 projects from near-ready-to-build through to operational status. The junior platform is designed to supplement existing senior project financings within the ENERPARC AG Group, enabling significant expansion of the group’s renewable energy portfolio in the coming years. The transaction demonstrates the growing appetite for innovative financing solutions to accelerate the energy transition across Europe.
Simmons & Simmons played a central role in structuring and executing this complex, multi-jurisdictional transaction. The team’s expertise in cross-border energy and infrastructure finance was instrumental in navigating the regulatory and due diligence requirements across three jurisdictions.
ENERPARC AG is a leading developer and operator of large-scale solar and battery energy storage projects, with a strong track record in delivering renewable energy solutions across Europe. The platform financing will further strengthen ENERPARC’s position as a key player in the European energy transition.
The Simmons & Simmons cross-border team, including colleagues from our Frankfurt, Paris, and Madrid offices, was led by partner and Head of Energy, Natural Resources, and Infrastructure (ENRI) Germany, Dr Jens W. Gölz. He commented: “This transaction sets a new benchmark for holdco financings in the energy transition sector. It is a clear example of how tailored financing solutions can unlock significant growth for renewable energy developers. It is fantastic that ENERPARC has once again placed its trust in our team to deliver this landmark financing.”
