Schoenherr and Madirazza & Partners have advised RP Global on Mirova's agreement to invest up to EUR 480 million in RP Global Energy. Clifford Chance reportedly advised RP Global as well. White & Case's Paris office reportedly advised Mirova. Spain-based Uria Menendez, Portugal-based Abreu Advogados, France-based LPA-CGR Avocats, Germany-based Chatham Partners, and the Italian office of DWF reportedly advised RP Global on the matter as well.
RP Global is a developer of large-scale renewable energy projects. The company focuses on solar PV, wind, hydro, and storage projects and is currently developing a pipeline of 16 gigawatts.
Paris-based Mirova is a global asset management company.
According to Schoenherr, "Mirova will become a minority investor through a combination of equity and mezzanine bonds. The cooperation between RP Global and Mirova aims at the joint development, construction, operation, and marketing (including sale) of projects and investments in renewable energy projects. This includes wind power, photovoltaics, established electricity storage technologies, green hydrogen, geothermal energy, hydropower, hybrid projects, and the provision of related services."
With Mirova's investment, RP Global plans to build and commission more than 2,500 megawatts of solar, wind, and storage assets over the next five years.
The Schoenherr team included Partners Robert Bachner and Franz Urlesberger, Counsels Stephan Roedler and Evelin Hlina, Attorneys at Law Daniel Wadl and Gabriel Ebner, and Associates Roland Misic and Constantin Maras.
The Madirazza & Partners team included Partner Marinka Kovacic, Associate Ester Despot, and Junior Associate Iva Ramljak.
