White & Case advises ENVIRIA on capital commitment of over US$200 million from BlackRock
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Global law firm White & Case LLP has advised commercial and industrial decentralized energy solutions provider ENVIRIA Energy Holding GmbH (ENVIRIA) on a capital commitment of over US$200 million from BlackRock through its Global Renewable Power Fund IV.
ENVIRIA offers solar solutions for companies in the commercial and industrial space with a projected development pipeline of over 2,000 projects across Germany and a projected generation capacity of 2.3GW. The transaction is subject to regulatory approvals.
The White & Case team which advised on the transaction was led by partner Sebastian Pitz and included partners Andreas Lischka, Gernot Wagner (all Frankfurt), Thomas Burmeister (Duesseldorf), Sebastian Stuetze and Bodo Bender (both Frankfurt) and Thilo Wienke (Duesseldorf), local partners Frederic Wuensche, Johannes Goossens and Jochen Hoerth and associates Agmal Bahrami, Jan Ditrich, Konstantin Huber, Leon Hoffeller and Andreas Klein (all Frankfurt).
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