Clifford Chance acted for Gren and Partners Group in Securing Additional Financing for Expansion
Clifford Chance, an international law firm, played a pivotal role in advising Partners Group and its portfolio company Gren on a significant €300 million top-up debt financing package.
This financing infusion is designed to bolster Gren's ongoing pursuit of becoming a leading green energy company in Northern Europe. Gren's focus lies in the production of clean energy and the provision of sustainable energy solutions, ranging from renewable and industrial energy to environmentally friendly district heating.
Clifford Chance's expertise and guidance have been instrumental in supporting Gren's ambitious growth journey in the green energy sector.
Consortiums of nine prominent European banks and institutions have successfully arranged a financing package to supplement Gren's existing €522 million financing package. This new addition, valued at an undisclosed amount, will provide further financial support to Gren as it continues its ambitious growth journey in the green energy sector.
Partner Alex Dimsdale Gill, at the helm of the multijurisdictional team, led Clifford Chance in their advisory role. Assisting Gill was senior associate Louise Baxter and associates William Goulbourne and Joshua Malek from the London office.
Additionally, partner Martin Wurth and senior associate Alexandre Sensi from Luxembourg, as well as partner Titus de Vries and trainees Onur Danismant and Lauresse Anemaet from Amsterdam, contributed their expertise to the team.
In 2021, Gren was acquired by Partners Group, a renowned global private markets firm.
Clifford Chance previously provided advisory services to Partners Group on the acquisition of Gren, further strengthening their longstanding relationship. Additionally, Clifford Chance also advised Gren on their acquisition of heat and power generation assets in the UK.