CEE: Schoenherr advises Renalfa on joint venture with RGreen Invest for EUR 800m hybrid renewables pipeline

The collaboration follows their previous JV, Renalfa IPP, which expanded its portfolio of utility-scale hybrid assets equipped with long-duration battery storage across Europe in less than five years and has evolved into one of Europe's leading platforms deploying long-duration BESS to integrate large-scale renewables.

Schoenherr acted as transaction counsel and advised on the full scope of transaction documentation, as well as on tax and regulatory (FDI) matters. Closing of the transaction took place on 30 March 2026.

Under the joint venture, both partners have committed EUR 200m in equity to finance an approximately EUR 800m pipeline of hybrid renewable energy projects. RPC will deploy next-generation technologies for renewable power generation, storage and dispatch, with long-duration battery energy storage systems constituting a core component. The platform will also deliver optimisation solutions for data centres and low-carbon industries.

"We are delighted to have supported Renalfa on this strategically important joint venture, following our previous work on the exceptionally successful Renalfa IPP platform," said Partner and JV expert Michael Marschall, who led the Schoenherr team advising on the deal. "Joint ventures remain a cornerstone of complex infrastructure and energy projects, and our deep expertise in structuring and implementing such partnerships enabled us to provide seamless, end-to-end support throughout this transaction."

Renalfa Solarpro Group is a clean energy and e-mobility company headquartered in Vienna, focused on the development and operation of renewable energy infrastructure across Europe.

Headquartered in Paris, RGreen Invest is a B Corp-certified renewable energy infrastructure fund manager investing through its Infragreen equity funds with EUR 2.9bln in assets under management and more than 3,000 projects funded in Europe and the OECD.

The Schoenherr team advising Renalfa was led by Michael Marschall (Partner) and further included Alexandra Doytchinova (Partner), Lukas Pirringer (Attorney at Law), Georg Winkler (Associate), Marco Thorbauer (Partner), Lukas Lobinger (Associate), Stela Pavlova-Kaneva (Attorney at Law), Christoph Haid (Partner), Georgiana Badescu (Partner) and Sabina Aionesei (Senior Attorney at Law).