White & Case advises consortium of banks on C-energy financing

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Global law firm White & Case LLP has advised a consortium of lenders consisting of Česká spořitelna, a.s., Raiffeisenbank a.s. and UniCredit Bank Czech Republic and Slovakia, a.s. on the up to CZK 150 million and €123 million financing and refinancing of capital expenditures and acquisition costs for C-energy, a Czech multi-source electricity and heat producer.

"Our Prague team has once again advised on the financing provided by major Czech banks to an important and innovative energy producer," said White & Case partner Jan Linda, who led the Firm's deal team.

C-energy s.r.o. is an energy producer specializing in generating power from biomass and natural gas. The plant in Planá nad Lužnicí is a pioneering facility in the Czech Republic, being the first to completely phase out coal combustion by replacing it entirely with waste wood biomass. This transition has significantly reduced emissions and enhanced sustainability. C-energy produces and distributes energy to the Tábor region, and is a leading supplier of ancillary services to the national grid operator. The plant also features the largest battery storage facility in the country, ensuring reliable power supply even during blackouts. The new financing facility will finance the construction of a new waste to energy unit in Plana, which shall be fully operational in the first quarter of 2027, among other projects.

The White & Case team in Prague that advised on the transaction included partner Jan Linda and associate Tadeáš Matys.

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