Berlin \u2014 YPOG provi\u00added compre\u00adhen\u00adsive legal advice to German elec\u00adtro\u00adly\u00adzer manu\u00adfac\u00adtu\u00adrer Sunfire GmbH on its Series E finan\u00adcing round, which raised \u20ac215 million in equity. The new inves\u00adtors include LGT Private Banking, GIC, Ahren Inno\u00adva\u00adtion Capi\u00adtal and Carbon Equity. The tran\u00adsac\u00adtion is subject to custo\u00admary regu\u00adla\u00adtory appr\u00adovals and is expec\u00adted to be comple\u00adted in the second quar\u00adter of 2024.
\nExis\u00adting share\u00adhol\u00adders have increased their invest\u00adments in Sunfire \u2014 inclu\u00adding Light\u00adrock, Planet First Part\u00adners, Carbon Direct Capi\u00adtal, the Amazon Climate Pledge Fund and Blue Earth Capital.<\/p>\n
The rene\u00adwed invest\u00adment in Sunfire, which repres\u00adents one of the largest finan\u00adcing rounds to date in 2024, is a strong signal of the company\u2019s crucial role in expan\u00adding the hydro\u00adgen economy in a diffi\u00adcult finan\u00adcial envi\u00adron\u00adment. \u2014 In addi\u00adtion, the company has secu\u00adred a loan of up to \u20ac100 million from the Euro\u00adpean Invest\u00adment Bank (EIB), which will enable it to conti\u00adnue the deve\u00adlo\u00adp\u00adment and indus\u00adtria\u00adliza\u00adtion of solid oxide electrolysers.<\/p>\n
In addi\u00adtion, Sunfire has access to appro\u00adxi\u00adm\u00adately \u20ac200 million from alre\u00adady appro\u00adved finan\u00adcing projects to drive its growth. This makes the Dres\u00adden-based company one of the most capi\u00adta\u00adli\u00adzed compa\u00adnies in the elec\u00adtro\u00adly\u00adsis sector.<\/p>\n
Sunfire<\/strong> is a leading global manu\u00adfac\u00adtu\u00adrer of indus\u00adtrial elec\u00adtro\u00adly\u00adzers based on pres\u00adsure-based alka\u00adline and solid oxide tech\u00adno\u00adlo\u00adgies (SOEC). With its elec\u00adtro\u00adly\u00adsis solu\u00adti\u00adons, Sunfire is tack\u00adling a central chall\u00adenge of today\u2019s energy system: The provi\u00adsion of rene\u00adwa\u00adble hydro\u00adgen and synthe\u00adsis gas as a climate-neutral repla\u00adce\u00adment for fossil fuels. Sunfi\u00adre\u2019s inno\u00adva\u00adtive and proven elec\u00adtro\u00adly\u00adsis tech\u00adno\u00adlogy enables the conver\u00adsion of carbon-inten\u00adsive indus\u00adtries that curr\u00adently rely on fossil oil, gas or coal. The company employs more than 500 people in Germany and Switzerland.<\/p>\n Advi\u00adsor Sunfire: YPOG <\/p>\n","protected":false},"excerpt":{"rendered":" Berlin \u2014 YPOG provi\u00added compre\u00adhen\u00adsive legal advice to German elec\u00adtro\u00adly\u00adzer manu\u00adfac\u00adtu\u00adrer Sunfire GmbH on its Series E finan\u00adcing round, which raised \u20ac215 million in equity. The new inves\u00adtors include LGT Private Banking, GIC, Ahren Inno\u00adva\u00adtion Capi\u00adtal and Carbon Equity. The tran\u00adsac\u00adtion is subject to custo\u00admary regu\u00adla\u00adtory appr\u00adovals and is expec\u00adted to be comple\u00adted in the [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":50969,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1367,1368,1369],"tags":[],"class_list":["post-50971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors"],"yoast_head":"\n
\n<\/strong>
\nDr. Martin Scha\u00adper (Co-Lead, Tran\u00adsac\u00adtions), Part\u00adner, Berlin Dr. Frede\u00adrik G\u00e4rt\u00adner (Co-Lead, Tran\u00adsac\u00adtions), Part\u00adner, Berlin Dr. Malte Berg\u00admann (Tax), Part\u00adner, Hamburg
\nMatthias Kres\u00adser (Finance), Part\u00adner, Berlin\/Hamburg
\nDr. Bene\u00addikt Fl\u00f6ter (IP\/IT\/Data Protec\u00adtion), Asso\u00adcia\u00adted Part\u00adner, Berlin Dr. Ferdi\u00adnand Cadmus (Finance), Asso\u00adcia\u00adted Part\u00adner, Berlin\/Hamburg Alex\u00adan\u00adder Sekunde (Transactions\/FDI), Senior Asso\u00adciate, Berlin
\nDr. Jonas von Kalben (Transactions\/FDI), Senior Asso\u00adciate, Berlin Benja\u00admin M\u00fcller (Tran\u00adsac\u00adtions), Asso\u00adciate, Berlin
\nRoman Sch\u00e4le(Transactions), Asso\u00adciate, Berlin<\/p>\n