European Investment Bank’s €30 Million quasi-equity loan financing with EPS Group


Hogan Lovells has advised the European Investment Bank (EIB) on an quasi-equity loan financing up to EUR 30 million with the EPS Group.

Electro Power Systems is an Italian based technology pioneer in energy storage systems and microgrids whose holding company is listed on the French-regulated market, Euronext Paris.

The EIB financing is provided under the European Fund for Strategic Investments (EFSI), and will support the company’s growth, continuous research, development and innovation activities, and further product commercialization. It is a loan financing with a warrant based quasi-equity element.

Led by London finance partner, Andrew Taylor (Picture), Hogan Lovells was the EIB’s lead counsel on this cross border transaction that involved London corporate transactional partner, Richard Diffenthal. The team also included Paris based partners Jean-Marc Franceschi and Olivier Fille-Lambie, in addition to Milan based partners, Luca Picone and Carlo Massini. The associates were James Clarke, Charles Jemmett, Ariane Berthoud and Federica Lombardo.

Involved fees earner: Andrew Taylor – Hogan Lovells; Olivier Fille-Lambie – Hogan Lovells; Carlo Massini – Hogan Lovells; James Clarke – Hogan Lovells; Ariane Berthoud – Hogan Lovells; Richard Diffenthal – Hogan Lovells; Jean-Marc Franceschi – Hogan Lovells; Luca Picone – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: European Investment Bank;