Gleiss Lutz has advised BayWa r.e. on the financing for construction of a new 50 MW solar park on the outskirts of Kobe City, Japan.
NORD LB structured the project financing in a facility size of approximately EUR 70 million which will cover the construction costs of the power plant. The ground-breaking of the construction started in 2021 and completion is scheduled for the summer of 2023.
BayWa r.e. is part of the BayWa group, an internationally active group headquartered in Munich. Originally founded to support domestic agriculture, the company expanded its activities to the construction and energy sectors. Based in 29 countries, BayWa r.e. is a leading global renewable energy developer, service provider, distributor and energy solutions provider, and is actively shaping the future of energy.
The following team of Gleiss Lutz lawyers advised BayWa r.e. in Germany: Dr. Eva Reudelhuber (lead, partner, Munich), Dr. Michael Burian (partner, M&A), Dr. Stefan Mayer (partner, tax), Dr. Katja Lehr (counsel, banking), Dr. Dominik Monz (tax) and Pascal Urban (banking, all Frankfurt).
In Japan the following team of Mori Hamada & Matsumoto lawyers advised BayWa r.e.: Naoki Ishikawa (partner), Kensuke Oki and Kohei Watanabe
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