PRESS RELEASE
23 November 2021

Schoenherr Advises Liechtenstein Group On EUR 40m Investment In Tesvolt

SA
Schoenherr Attorneys at Law

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We are a full-service law firm with a footprint in Central and Eastern Europe providing local and international companies stellar advice. As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.
Schoenherr advised the Liechtenstein Group on its investment in Tesvolt GmbH, a technology leader for energy storage in the commercial and industrial sector.
Austria

Schoenherr advised the Liechtenstein Group on its investment in Tesvolt GmbH, a technology leader for energy storage in the commercial and industrial sector.

A consortium of investors led by the Liechtenstein Group is providing Tesvolt with EUR 40m in equity capital. This financing round will enable Tesvolt to accelerate its international activities and consistently drive forward the development of innovative products for energy storage solutions. The investment complements the Liechtenstein Group's existing renewable energy portfolio.

"We are very pleased that we were able to advise the Liechtenstein Group on this investment and pave the way for further innovative developments in the energy sector," said Alexander Popp, who led the Schoenherr team.

The Liechtenstein Group is a group of companies owned by the Princely House of Liechtenstein, which is internationally active in agriculture & food, forestry, renewable energies and real estate. The Group invests in sustainable and innovative business models where it can leverage its industry expertise and long-term capital.

The Schoenherr team was led by Alexander Popp (partner) and further consisted of Gregor Petric (counsel), Daniel Wadl (associate) and Thomas Kulnigg (partner).

Contributor

We are a full-service law firm with a footprint in Central and Eastern Europe providing local and international companies stellar advice. As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.

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