Hamburg Commercial Bank supports ju:niz Energy in expanding its battery energy storage portfolio in Germany
GERMANY/HAMBURG – Hamburg Commercial Bank AG (HCOB) is providing financing to Bavarian energy storage company ju:niz Energy GmbH for the construction and operation of three battery energy storage systems (BESS) in Germany with a total capacity of ca. 100 MWh. HCOB acted as lender, agent, account bank and hedging bank for the transaction.
ju:niz Energy GmbH, an EQT portfolio company based in Aschheim/Germany, develops and operates large-scale battery storage systems in accordance with the latest technical standards. The value chain includes planning, construction, commissioning as well as the management of the plants.
Hans Lötzer, Head of Project Finance at Hamburg Commercial Bank, said: “We are delighted to support ju:niz Energy with this financing in a rapidly growing BESS market. With its large-scale battery storage systems, the company is contributing to grid stability and decarbonisation in Germany’s growing electricity market.
”Marco Schweer, Executive Director at HCOB, added:“Welcoming ju:niz Energy as a new client underlines our expertise in structuring and arranging a comprehensive one-stop-shop financing package that meets the needs of our customers.”
Markus Binding, CFO at ju:niz Energy, said: “This financing is an important step in realising our pipeline of battery projects in Germany. We see great growth opportunities in the coming years, which we want to seize together with our partners. Flexible, attractive financing solutions are a key value driver for us. We sincerely thank HCOB’s team of experts for their trust and cooperation.”
About Hamburg Commercial Bank
Hamburg Commercial Bank AG (HCOB) is a private commercial bank headquartered in Hamburg, Germany, that provides customized financing solutions for German and international companies. HCOB has a strong position in structured real estate and project finance and is a reliable financing partner for the shipping sector. Efficient and secure payment transaction services as well as innovative products for foreign trade complete the range of services. The bank is guided by established ESG criteria and operates from several locations in Germany as well as in Amsterdam, London, Luxembourg and Piraeus. For more information, please visit www.hcob-bank.com.
About ju:niz Energy
ju:niz Energy develops and operates advanced large-scale battery storage systems designed to be both system- and grid-compatible while ensuring economic viability. The company’s value chain encompasses project development — from site acquisition to grid connection, project management — including planning, construction, and commissioning, as well as technical operations, maintenance, and commercial management, which involves coordinating market operations and optimizing system performance. ju:niz Energy’s strength lies in the seamless integration of the entire value chain from planning to operations. For further information about ju:niz Energy, please refer to www.juniz.com
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