CMS has advised K&H Bank on the refinancing of the solar portfolio consisting of Obton Group PV plants situated on 15 different locations across Hungary, with a total installed DC capacity of 71.107 megawatts. Forgo, Damjanovic & Partners reportedly advised Obton Group.
K&H Bank is one of the biggest commercial banks in Hungary and is owned by the Brussels-based KBC Group since 1999.
Obton is a Danish investment and development company.
The CMS team included Partners Eszter Torok, Jozsef Varady, and Peter Simon, Senior Counsel Zsofia Hermann, Senior Associate Dorottya Varga-Giesz, Associates Nora Devenyi and Istvan Rigo, and Trainee Lawyers Marton Lazar and Rebeka Erdosi.
The Forgo, Damjanovic & Partners team included Partners Zsofia Fuzi and Reka Bali and Associate Eszter Bedo.