CMBlu Energy, one of the world's leading developers and manufacturers of Organic SolidFlow energy storage systems, is receiving EUR 100 million from the global technology and construction group STRABAG as part of a financing round. Both companies also signed a cooperation agreement and have set themselves the goal of giving the energy transition a significantly greater boost through their complementary connection.
The new capital will flow into necessary investments to finance both the further scaling of production and further market development.
Hengeler Mueller team for CMBlu Energy
M&A/Venture Capital: Georg A. Frowein, Alexander Rang (both partners, Frankfurt), Clemens Höhn (Berlin, all lead), Jan Häller, Julie Stratmann, Dennis Stottmann, Christian Voigt, Julia Tittel (all associates, all Frankfurt),
Antitrust: Alf-Henrik Bischke (partner), Christian Dankerl, Sven Botthäuser (associate, all Dusseldorf),
FDI: Dirk Uwer (partner), Jan Schülting (associate, both Dusseldorf).