Kommunalkredit Austria AG (Kommunalkredit) will build and operate the largest electrolysis plant for green hydrogen in Austria together with a partner in the future. The plant is expected to be commissioned in the second half of 2023. E+H provided legal advice to Kommunalkredit on this pioneering project.
Green hydrogen as chance
With its investment in the largest electrolysis plant for green hydrogen, Kommunalkredit is sending a clear signal for the next step in the energy turnaround, thus continuing to follow its strategy as a trailblazer in sustainable infrastructure and energy financing. The commissioning of the electrolysis plant will lead to significant savings in CO2 emissions and is thus a significant measure against climate change.
Advisers to Kommunalkredit Austria AG:
E+H Eisenberger + Herzog Rechtsanwalts GmbH
Dr. Peter Winkler, LL.M. (Harvard) (Partner, Corporate/M&A), Dr. Philipp Schrader (Partner, Corporate/M&A), Ulrike Sehrschön, LL.M. (Nottingham) (Partner, Regulatory), Niklas Nigl, LL.M. (Leiden) (Associate, Regulatory).