News and Deals
Linklaters advises Sunotec on Partnership Structured Equity Investment from Blackstone
Press Contact
Jörg Overbeck
PR/Communications Lead
+49 1726907510
joerg.overbeck@linklaters.com
News and Deals
Press Contact
Jörg Overbeck
PR/Communications Lead
+49 1726907510
joerg.overbeck@linklaters.com
Linklaters has advised Sunotec, a leading European system integrator of large-scale renewable energy infrastructure, on a partnership structured equity investment from funds managed by Blackstone Tactical Opportunities.
Sunotec is specialising in the design and delivery of integrated energy systems, combining energy generation, storage, grid infrastructure and lifecycle expertise to create reliable and future-ready energy solutions. Headquartered in Sofia, Bulgaria, with additional offices in Germany and the United Kingdom, the company has delivered more than 680 photovoltaic installations with over 15 gigawatts of installed capacity and 5 GWh of battery energy storage projects across Europe and beyond.
Blackstone’s investment will support Sunotec’s continued growth across its core European markets while enabling further expansion of its existing services and the development of adjacent capabilities, including grid infrastructure.
Linklaters international cross-practice team was led by Private Equity Partner Andrew Lynch, who co-leads the firm’s Capital Solutions practice, alongside Managing Associates Tom Gavin and William Peck and Associates Tanaya Rajwade, Hamish Oliver and Eirene Vlahogiannis as well as German Head of Energy, Thomas Schulz. The deal team included Managing Associate Laura Marx-Pfälzner and Associates Andreas Hofheinz-Bartole and Johannes Gottwald (all Germany, Energy & Infrastructure), Leveraged Finance Partner Pathik Gandhi and Counsel Jo Jimenez (both London), Luxembourg Corporate M&A Partner Rémy Bonneau with Counsel Maxime Bertomeu-Savalle, Managing Associate Colas Surot and Associate Aleksei Glazunov, Luxembourg Tax Partner Joakim-Antoine Charvet with Senior Managing Associate Adrien Piron and Associate Sarah Blandin, Anti-trust and Foreign Investment Partner Neil Hoolihan and Employment and Incentives Partner Bradley Richardson with Managing Associate Sarah Collister (all London).
"We were delighted to support the Sunotec team on this hugely important transaction. It underscores the growing importance of capital solutions as an asset class that provides high quality businesses, like Sunotec, with access to partnership-focussed capital to help drive innovation, growth and resilience. The transaction further showcases our market-leading Capital Solutions practice supporting on another high-profile investment by a leading investor in the space."