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Schoenherr Advises Neoom on Customer Financing Scheme and Project Debt Financing Arranged by Solas Capital

Schoenherr Advises Neoom on Customer Financing Scheme and Project Debt Financing Arranged by Solas Capital

Austria
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Schoenherr has advised Austrian green technology scale-up Neoom on the structuring and implementation of its "impact invest" customer financing scheme for decentralized energy projects as well as related project debt financing arranged by Solas Capital in an amount of up to EUR 30 million.

Solas Capital is a specialist investment advisory firm.

According to Schoenherr, "the financing enables Neoom to offer its customers long-term installment purchase contracts for equipment related to decentralized energy projects, thereby improving the accessibility of energy efficiency and self-consumption PV technology for Neoom's clients in Austria and Germany."

The Schoenherr team included Partners Martin Ebner, Christoph Moser, and Marco Thorbauer, Attorneys at Law Michael Schmiedinger and Janos Boszormenyi, and Associates Nikolaus Muellner, Viktoria Stark, and Florian Terharen.

Schoenherr did not respond to our inquiry on the matter.

Schoenherr at a Glance

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu