Schoenherr advises Kommunalkredit on financing construction of 71 MW solar power plants in Romania
Austria
Schoenherr advised Kommunalkredit Austria AG ("Kommunalkredit") on granting a EUR 29.3m loan to INVL Renewable Energy Fund I ("INVL") to finance the construction of 71 MW solar power plants in Dolj county, Romania. This is the second loan granted by Kommunalkredit to INVL, following a EUR 25m financing in November 2023, where Schoenherr acted as legal counsel to the lender in Austria and Romania. The financed project is the third large-scale solar energy expansion project for INVL in Romania
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