Deloitte Legal has advised K&H Bank on long-term non-recourse project financing provided to Photon Energy Group for Photon Energy’s 11.5 MWp proprietary PV power plant portfolio in Hungary. Pontes Budapest advised Photon Energy on the deal.
According to Deloitte Legal, the portfolio consists of 17 individual KAT-licensed PV power plants in three different locations.
Deloitte Legal’s banking and finance team was led by Partner Associate Luca Bokor, supported by Managing Associate Linda Al Sallami. The firm's energy team was led by Partner Associate Balazs Varszeghi.
The Pontes Budapest team was led by Partner Csaba Polgar, assisted by Senior Associate Alexandra Cseri and Of Counsel Orsolya Fazekas.