Hogan Lovells outstanding recognition at the recent IFLR Awards Europe 2024

Multiple Hogan Lovells practice areas have been recognized in Individual Award and Deal of the Year categories.

The winning categories include:

Individual Award – Outstanding contribution to regulatory reform: Rachel Kent

Rachel Kent is a senior consultant based in our London office. In 2023, she was appointed by HM Treasury as the new Financial Regulators Complaints Commissioner. Her five-year term in the role - which is to independently review complaints about the UK’s financial services regulators - took effect on 1 January 2024. This award recognizes her work on the Investment Research Review (IRR) to promote better equity research aimed at boosting UK capital markets and promoting London as a more favorable listing location. Rachel's significant contribution to the Kalifa report, which outlined the future of the UK’s FinTech industry was also highlighted.

Read more about IFLR’s award here.

Individual Award – Rising star: international practice: Kathy Chang

Kathy Chang is a senior associate based in our Frankfurt office. She is an experienced English law qualified energy and infrastructure finance lawyer with a particular focus on renewable energy (offshore wind in particular). Kathy was recognized for her work on some of the most complex energy and infrastructure projects around the world, including renewable energy and digital infrastructure, such as the €4.4 billion Baltic Power offshore wind project and the €3.4 billion Hai Long offshore wind project in Taiwan.

Project Finance Deal of the Year: Baltic Power offshore wind project

We advised ORLEN and Northland Power Ltd. on the €4.4 billion financing and development of the Baltic Power offshore wind project in Poland. The Baltic Power project, located in the Baltic Sea approximately 22 kilometers off the Polish coast, will be the first offshore wind farm to be built in Poland. Once operational, which is estimated in the latter half of 2026, Baltic Power will be amongst the largest offshore wind projects globally. It is expected to provide clean energy to over 1.5 million Polish households and will play an important role in helping Poland achieve its target of up to 11 GW of offshore wind to be constructed by 2040.

This deal has also previously been recognized at the PFI Awards 2023 and the IJGlobal Awards 2023.

The Hogan Lovells team on the matter was led by partner Carla Luh on the finance aspects and partner Christian Knütel on the project development aspects. To learn more about this project, click here.

Structured Finance & Securitization Deal of the Year: Enpal solar loan securitization

We advised Berlin-based Greentech Enpal B.V. on a €356 million debt commitment for the first German residential solar securitization. Enpal has partnered with Citi, a global investment bank and one of the leading players on the US residential solar ABS market, as well as M&G Investments, a UK-based leading asset manager with approximately €391 billion assets under management. This transaction marks the first investment by Citi and M&G into European residential solar assets and the launch of Solar ABS as a new European asset class. The commitments will be used to finance more than 12,500 new solar systems for Enpal’s customers, including energy storage and electric vehicle charging systems.

The Hogan Lovells team was led by partner Dietmar Helms. To learn more about this transaction, click here.