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E+H advises Kommunalkredit Austria AG on trailblazing investment in green hydrogen
Kommunalkredit Austria AG (Kommunalkredit) will build and operate the largest electrolysis plant for green hydrogen in Austria together with a partner in the future. The plant is expected to be commissioned in the second half of 2023. E+H provided legal advice to Kommunalkredit on this pioneering project.
Green hydrogen as chance
With its investment in the largest electrolysis plant for green hydrogen, Kommunalkredit is sending a clear signal for the next step in the energy turnaround, thus continuing to follow its strategy as a trailblazer in sustainable infrastructure and energy financing. The commissioning of the electrolysis plant will lead to significant savings in CO2 emissions and is thus a significant measure against climate change.
Under the leadership of Dr Peter Winkler, LL.M. (Harvard) and Dr Philipp Schrader, E+H supported this visionary energy project.
Advisers to Kommunalkredit Austria AG:
E+H Eisenberger + Herzog Rechtsanwalts GmbH
Dr. Peter Winkler, LL.M. (Harvard) (Partner, Corporate/M&A), Dr. Philipp Schrader (Partner, Corporate/M&A), Ulrike Sehrschön, LL.M. (Nottingham) (Partner, Regulatory), Niklas Nigl, LL.M. (Leiden) (Associate, Regulatory).
About E+H:
E+H is a commercial law firm operating internationally, with offices in Vienna, Graz, and Klagenfurt. The firm regularly receives awards and top spots in international rankings and directories, such as Chambers & Partners Global & Europe, Legal 500, JUVE, and Mergermarket.
About Kommunalkredit Austria AG:
Kommunalkredit specializes in infrastructure and energy financing. Together with its customers as partners, the bank creates value that continuously improves people's lives. In doing so, it enables the construction and operation of infrastructure assets by matching the financing needs of project sponsors and developers with the growing number of investors looking for sustainable investment opportunities. It focuses on energy & environment, communications & digitalization, transportation, social infrastructure, and natural resources.