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CMS and Forgo, Damjanovic & Partners Advise on K&H Bank's Refinancing of Obton Group PV Portfolio

Hungary
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CMS has advised K&H Bank on the refinancing of the solar portfolio consisting of Obton Group PV plants situated on 15 different locations across Hungary, with a total installed DC capacity of 71.107 megawatts. Forgo, Damjanovic & Partners reportedly advised Obton Group.

K&H Bank is one of the biggest commercial banks in Hungary and is owned by the Brussels-based KBC Group since 1999.

Obton is a Danish investment and development company.

The CMS team included Partners Eszter Torok, Jozsef Varady, and Peter Simon, Senior Counsel Zsofia Hermann, Senior Associate Dorottya Varga-Giesz, Associates Nora Devenyi and Istvan Rigo, and Trainee Lawyers Marton Lazar and Rebeka Erdosi.

The Forgo, Damjanovic & Partners team included Partners Zsofia Fuzi and Reka Bali and Associate Eszter Bedo. 

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa, and Asia Pacific. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

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