Hogan Lovells advises GVG Glasfaser on a EUR 85 million financing for the further build-out of fibre-to-the-home networks

In addition to the fixed amount, the financing provides for a further EUR 80 million uncommitted extension option. The financing is provided by a consortium of banks including: ING, KfW, and NORD/LB.

With this freshly raised capital, GVG can significantly increase the pace of its fiber optic projects across Germany and accelerate the expansion of its fibre-to-the-home (FTTH) networks.

"We are pleased to have supported one of the few major fiber optic financing projects in Germany this year with our expertise. Forward-looking projects like this are always close to our hearts," Carla Luh, Head of the German Finance practice, comments.

Hogan Lovells advised on all legal aspects of the financing. Carla Luh and her team regularly support both borrowers and lenders in complex financing processes in the infrastructure, renewable energy and energy transition sectors.

Hogan Lovells Team for GVG Glasfaser 

Dr. Carla Luh (Partner), Tobias Ulbrich (Lead Associate), Julian Schmidt, Marzieh Rad, Valentine Stein-Luettges (all Associates), Sebastian Oebels (Counsel - Hedging), Aneta Walka (Business Lawyer).