Eisenberger + Herzog has advised Kommunalkredit Austria on its green hydrogen electrolysis plant investment project.
"Kommunalkredit Austria will build and operate the largest electrolysis plant for green hydrogen in Austria together with a partner in the future. The plant is expected to be commissioned in the second half of 2023," the firm announced. "With its investment ... Kommunalkredit is sending a clear signal for the next step in the energy turnaround ... The commissioning of the electrolysis plant will lead to significant savings in carbon dioxide emissions and is thus a significant measure against climate change."
Kommunalkredit specializes in infrastructure and energy financing. The company focuses on energy & environment, communications & digitalization, transportation, social infrastructure, and natural resources.
The E+H team was led by Partners Peter Winkler and Philipp Schrader and included Partner Ulrike Sehrschoen and Associate Niklas Nigl.
E+H was unable to disclose further information on the deal.
