Linklaters advises a consortium of lenders on the green loan financing for Atenor’s landmark project

Linklaters has advised a consortium of lenders on the €213 million green loan financing for Atenor’s high-profile project in Luxembourg’s Cloche d’Or district. This loan supports the development of PwC Luxembourg's forthcoming 34,500m² sustainable campus, intended to set new standards in environmentally responsible construction.

The financing arrangement involved Banque Internationale à Luxembourg (BIL Corporate Finance), together with Caisse d'Épargne et de Prévoyance Hauts de France, Belfius Banque SA/NV, Banque et Caisse d'Épargne de l'État, Luxembourg, and KBC Bank N.V/S.A. This financial arrangement is part of Atenor’s wider commitment to green investments, endorsed by ISS ESG.

Featured on the site of the former Renault garage, the new campus focuses on sustainability and innovation, with construction expected to start in early 2025 and completion expected by mid-2027.

The Linklaters team in Luxembourg was led by Capital Markets & Banking Partners, Melinda Perera and Patrick Geortay, who were assisted by Thibaud Muller (senior managing associate), Adeline Delguste (associate) and Juan Ignacio Gomeza (junior associate).