Hogan Lovells advises GVG Glasfaser on a EUR 135 million financing for the further build-out of fiber-to-the-home networks
Led by Partner Dr Carla Luh, global law firm Hogan Lovells has advised GVG Glasfaser GmbH on securing a EUR 135 million financing.
The financing has been structured as an increase of an existing financing on which Hogan Lovells advised in 2024 and is provided by a consortium of financial institutions, including: ING, KfW, NORD/LB, HCOB, Raiffeisenlandesbank Oberösterreich and an institutional investor.
With this freshly raised capital, GVG can significantly increase the pace of its fiber optic projects across Germany and accelerate the expansion of its fiber-to-the-home (FTTH) networks.
"We are pleased to have supported one of this major fiber optic financing project in Germany with our expertise. Forward-looking projects like this are always close to our hearts," Carla Luh, Head of the German Finance practice, comments.
Hogan Lovells advised on all legal aspects of the financing and the legal due diligence process. Carla Luh and her team regularly support both borrowers and lenders in complex financing processes in the infrastructure, renewable energy and energy transition sectors.
Hogan Lovells team for GVG Glasfaser
Dr. Carla Luh (Partner), Tobias Ulbrich (Senior Associate), Alexander Wandt (Counsel), Julian Schulz, Tim Templin (both Associates) (all Finance);
Dr. Thomas Dörmer (Partner, Due Diligence);
Sebastian Oebels (Counsel, Hedging).
