Renzenbrink & Partner advised HOCHTIEF PPP Solutions GmbH, Siemens Project Ventures and Demeter Investment Managers on the joint investment in a lithium extraction and geothermal plant developed by Vulcan Energy in the Upper Rhine Valley.<\/p>\n\n
Renzenbrink & Partner advised on the legal due diligence and selected aspects of the transaction documentation with Vulcan Energy on Project Lionheart Phase One.<\/p>\n\n
The project aims to establish Europe\u2019s first integrated supply of sustainable lithium, renewable power and heat in Germany\u2019s Upper Rhine Valley. The project is designed to deliver approximately 24,000 tons of battery-grade lithium per year\u2014sufficient to power around 500,000 electric vehicles per year \u2014and to co-produce 275 GWh of electricity and 560 GWh of heat annually. <\/p>\n\n
Vulcan Energy is developing the world\u2019s first carbon-neutral integrated lithium and renewable energy business, leveraging geothermal resources to support the decarbonisation of Europe\u2019s battery and mobility industries.<\/p>\n\n
The Renzenbrink & Partner team comprised Dr. Ulf Renzenbrink<\/a>, Dr. Andreas Stoll<\/a>, Christopher Blumenthal<\/a> as well as Dr. Alexander Haunschild<\/a>, Dr. Andreas Sandberger, Sophie Raming<\/a> and Dr. Nils R\u00fcstmann<\/a> (all Corporate\/ M&A).<\/p>\n\n For all aspects of public law Renzenbrink & Partner worked together with the team of PSWP consisting of Niclas Hellermann (Partner), Dr. Justus Quecke (Counsel) and Dr. Benjamin Nu\u00dfberger (Associate).<\/p>\n\n <\/p>\n","protected":false},"featured_media":2238,"template":"","class_list":["post-2240","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n