NIBC Bank N.V.’s €13.5 Million Financing Of A Data Center In Hamburg

Watson Farley & Williams advised NIBC Bank N.V. on the deal.

NIBC Bank N.V. (“NIBC”) financed a data center in Hamburg, Germany, acquired by Penta Hamburg GmbH, part of Dutch infrastructure fund Penta Infra Group (“Penta”).

The Hamburg data center is part of a chain of German data centers in which Penta Infra has invested and the fourth such transaction financed by NIBC and advised on by WFW.

NIBC is a Dutch commercial bank whose corporate banking activity range from advising, structuring, financing to co-investing across debt and equity in north west Europe with a dedicated sector team for digital infrastructure.

The WFW Germany team that advised NIBC was led by Banking & Finance Partner Dr Stefan Kilgus (Picture), supported by Corporate Partner Dr Sebastian Baum and Regulatory Partner Dr Maximilian Boemke. Banking & Finance Associate Jakob Paluszkiewicz and Corporate Associate Muteber Yalcin also advised.
 

Involved fees earner: Sebastian Baum – Watson Farley & Williams; Maximilian Boemke – Watson Farley & Williams; Stefan Kilgus – Watson Farley & Williams; Jakob Paluszkiewicz – Watson Farley & Williams; Muteber Yalcin – Watson Farley & Williams;

Law Firms: Watson Farley & Williams;

Clients: NIBC Bank;

Author: Federica Tiefenthaler