Milbank LLP has advised the German office of Pemberton, a leading European Alternative Credit Specialist, on the refinancing of Energiekonzepte Deutschland Group ("EKD"), a leading provider of self-sufficient energy solutions for homeowners.
Under the new financing, Pemberton is providing a bullet repayment term loan (term loan B) and an acquisition facility to support EKD's continuing growth.
EKD is among Germany's most successful companies for a more sustainable and clean energy supply in the residential building sector, focusing primarily on innovation, swift product availabilities and high quality. The company was founded in 2018 and has been on an impressive growth path ever since.
The Milbank Team, which advised Pemberton on the refinancing, was led by partner Thomas Ingenhoven (Finance) and included partner Thomas Kleinheisterkamp (Tax) as well as the associates Gerrit Merkel and Lara Milione (both Finance).
