Deloitte Legal and Pontes Budapest Advise on K&H Bank Loan to Photon Energy Group
Photon Energy Group and K&H Bank closed a the long-term non-recourse project financing of Photon Energy’s 11.5 MWp proprietary PV power plant portfolio in Hungary. The portfolio is comprised of 17 individual KAT-licensed PV power plants in three different locations.
Deloitte Legal advised K&H Bank in the transaction. Deloitte Legal’s banking and finance team was led by Luca Bokor partner associate, with Linda Al Sallami managing associate and the energy team was led by Balázs Várszeghi, partner associate. Photon Energy was advised by the PONTES Budapest team, led by Csaba Polgár, partner, with the assistance of Alexandra Cseri, senior associate and Orsolya Fazekas, of-counsel.