CMS has advised Harmony Energy, a leading European battery energy storage system (BESS) developer with a strong international track record across the UK, Germany, France and Poland, on securing a development financing facility from a Triple Point-managed partnership to support the development of 3GW of BESS assets in Germany.
Nicholas Ross-McCall, Energy Finance Partner at CMS, comments: “We were delighted to have supported longstanding client Harmony Energy on the build out of 3GW of its battery energy storage projects in Germany, complementing our other recent experience assisting Harmony Energy on other BESS projects in France and Poland.”
Harmony Energy Limited CEO, Peter Kavanagh, said: “This financing provides important support as we continue to scale our battery storage platform across Europe.”
The CMS team was led by Nicholas Ross-McCall, and included Hannalie Gillott (CMS UK) and Dr Kerstin Block (CMS Germany).