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Weil advises INVEN CAPITAL on further financing round in Cloud&Heat Technologies

4. Octo­ber 2018

Frank­furt a. M./ Dres­den — The Frank­furt office of the inter­na­tio­nal law firm Weil, Gotshal & Manges LLP has advi­sed INVEN CAPITAL on a further invest­ment in the Dres­­den-based company Cloud&Heat Tech­no­lo­gies GmbH. In addi­tion to INVEN CAPITAL, the London-based inves­tor ETF Part­ners also parti­ci­pa­ted in this new finan­cing round of EUR 10 million.

Cloud&Heat Tech­no­lo­gies is a tech­no­logy company that designs, builds and opera­tes envi­ron­ment­ally friendly, water-cooled, public and private data centers (also as contai­ne­ri­zed solu­ti­ons) for cloud compu­ting. Thanks to a unique solu­tion, up to 90 percent of the server waste heat is used for heating and hot water genera­tion in office buildings.

INVEN CAPITAL is the venture capi­tal fund of the Czech energy provi­der ČEZ Group. With a market capi­ta­liz­a­tion of more than 10 billion euros, the listed ČEZ Group is one of the ten largest energy compa­nies in Europe.

Weil’s Frank­furt office already advi­sed INVEN CAPITAL on the first finan­cing round of Cloud&Heat Tech­no­lo­gies GmbH in May 2017. Weil is also active on behalf of ČEZ Group, a long-time client of the firm, most recently on the acqui­si­tion of Elevion Group from DPE Deut­sche Private Equity as well as on a number of the firm’s acqui­si­ti­ons in the German wind energy sector.

Advi­sors to INVEN CAPITAL: Weil, Gotshal & Manges LLP
The Weil tran­sac­tion team was led by Fran­k­­furt-based Corpo­rate Part­ner Dr. Kamyar Abrar and suppor­ted by asso­cia­tes Thomas Weise and Aurel Hille (both Corpo­rate, Frankfurt).

Advi­sor Cloud&Heat Tech­no­lo­gies GmbH: Bryan Cave Leighton Pais­ner LLP (Hamburg)
Lead Corpo­rate Part­ner Dr. Michael Leue and Asso­ciate Dr. Maxi­mi­lian Karacz

Advi­sor ETF Part­ners: Taylor Wessing Düsseldorf
Corpo­rate Part­ner Maria Weiers

About Weil, Gotshal & Manges
Weil, Gotshal & Manges is an inter­na­tio­nal law firm with more than 1,100 lawy­ers, inclu­ding appro­xi­mately 300 part­ners. Weil is head­quar­te­red in New York and has offices in Boston, Dallas, Frank­furt, Hong Kong, Hous­ton, London, Miami, Munich, Paris, Beijing, Prague, Prince­ton, Shang­hai, Sili­con Valley, Warsaw and Washing­ton, D.C.

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