Hogan Lovells advises new Qualitas Energy debt strategy on its debut financings of photovoltaic projects in Germany and Poland

The two construction financings on a fully merchant basis are being provided to utility-scale photovoltaic projects developed by SUNCATCHER located in Germany and Poland with a size of circa 83 MWp and 28 MWp respectively. The two borrowers are part of SUNCATCHER Group.

SUNCATCHER is a renewable energy company active exclusively in Germany and Poland, specialised in developing, constructing, and operating solar PV systems and BESS. The financing aligns with their strategic objective of accelerating the deployment of renewable energy infrastructure in these two key markets.

Qualitas Energy is a leading investment and management platform focused on renewable energy, energy transition, and sustainable infrastructure investment. With its inaugural €500 million credit strategy, designed to provide project finance debt for a diverse range of renewable energy platforms and projects, the firm aims to bridge the funding gap created by the rapid evolution of the sector, which has surpassed the capabilities of traditional debt providers.

Carla Luh, Head of the German Finance Practice, said:

"These financings widen the cooperation with our long standing client Qualitas Energy. We are delighted to suppport Qualitas Energy in establishing their new field of business as a debt fund lender."

Hogan Lovells provided advice on the structuring and all legal aspects of the financing. Carla Luh and her team regularly handle the largest projects in the infrastructure and (renewable)-energy sectors and rank among the leading advisors in this sector.

Hogan Lovells team for Qualitas Energy

Dr. Carla Luh (Partner), Tobias Ulbrich (Lead Associate), Julian Schmidt, Dr. Marzieh Rad (Associates)

Polish law counsel: Rymarz Zdort Maruta (RZM)