Schellenberg Wittmer advises Reichmuth with battery storage plant

Reichmuth Infrastructure has further expanded its renewables footprint in Germany with a joint venture to build a new 100 MW battery storage plant in Bavaria, together with Zug-based energy storage developer MW Storage. While the Reichmuth Sustainable Infrastructure Fund will be the majority shareholder in the project, energy companies Bayernwerk and ZENOB will also join the partnership with minority holdings.

Schellenberg Wittmer has advised Swiss asset manager Reichmuth Infrastructure on the financing of its investment in a 100 MW battery storage plant in Germany. The team was led by partner Philippe Borens (banking & finance, pictured) and included Andrea Andelic (banking & finance) and Roland Wild (taxation).