From: Mercom India
MaxSolar, a German-based solar and storage project developer, has secured €155 million (~$176 million) in HoldCo debt financing from funds managed by Copenhagen Infrastructure Partners (CIP).
CIP is a global fund manager and investor in the European energy transition. CIP’s Green Credit strategy invests in renewable energy projects and companies driving the development of modern energy infrastructure in OECD markets.
Akereos Capital served as MaxSolar’s exclusive debt adviser. Latham & Watkins acted as legal counsel to the borrower, while A&O Shearman advised the lender.
Fichtner Management Consulting, Aurora Energy Research, Deloitte, and Latham & Watkins conducted technical, commercial, tax, and legal due diligence for the transaction.
The financing is expected to strengthen MaxSolar’s capital structure by refinancing existing HoldCo financing. It also provides committed capital to expand approximately 1.3 GW of solar and battery storage projects in Germany.
The new facility replaces MaxSolar’s holding company financing completed in 2023, which supported the company’s transition from a project developer and engineering, procurement, and construction service provider to an independent power producer in Germany.
In addition to refinancing existing debt, the facility provides capital for project investments during construction and selected project acquisitions from MaxSolar’s development platform.
The portfolio associated with the financing comprises 912 MW of solar capacity and 379 MW of standalone and co-located battery storage capacity. Of the solar capacity, 440 MW is operational. MaxSolar also has 25 MW of operational co-located battery storage capacity.
Christoph Strasser, CEO of MaxSolar, stated, “This financing gives us the security of a long-term capital base to realize projects from construction readiness to commissioning. At the same time, refinancing via a single financing partner simplifies a structure that had become increasingly complex over time. CIP understands the German market and the economic advantages of combining battery storage with photovoltaic projects. That becomes more important with every project we realize.”
In 2023, the company secured a €410 million (~$460 million) financing facility to install 2 GW of solar and co-located storage projects in the next 5 years. Infranity led the investment round with participation from I Squared Capital and Rivage Investment.
According to Mercom’s recently released 1H and Q2 2026 Solar Funding and M&A report, debt financing for the solar sector reached $13.2 billion across 44 deals, a 69% increase from 1H 2025, when $7.8 billion was raised in 41 deals.
