Noerr advises ABO Energy on EUR 240 million syndicated credit facilities agreement

A Noerr team led by Alexander Schilling has advised ABO Energy on the first-time conclusion of a syndicated loan agreement. Led by Commerzbank, seven banks participated in the financing with a volume of EUR 240 million.

The financing is divided equally between term loans, revolving working capital facilities and guarantee lines. The syndicated loan largely replaces existing loans and Schuldschein loans. Funds will additionally be used to finance the growing project volume. The syndicated credit facilities agreement enables ABO Energy to continue its successful course and to develop and construct more wind, solar and storage projects.

In 2024, a Noerr team led by Julian Schulze De la Cruz has advised ABO Energy on the successful placement of a green bond amounting to EUR 80 million.

Advisors to ABO Energy GmbH & Co. KGaA: Noerr Partnerschaftsgesellschaft mbB

Lead: Alexander Schilling (partner, Banking & Finance)

Banking & Finance: Marius Fischer (senior associate), Ana-Maria Mirceta (senior associate), Maria Bozhenova (associate)

Capital Markets: Julian Schulze De la Cruz (partner)

Tax: Andre Happel (partner), Antonia Bach (senior associate, all Frankfurt)