Jana Kasakow LL.M.

Milbank LLP advised EIG on an up to €500 million holdco financing for ILOS Projects GmbH ("ILOS"). Milbank advised EIG as financing provider on the structuring and documentation of an up to €500 million holdco financing for ILOS, including legal due diligence on the group and its project pipeline. ILOS will issue registered notes which will be subscribed by EIG and other investors. The proceeds are expected to support ILOS’s plans to generate more than 2GW of power through solar and battery projects by 2026. The registered notes comprise an initial tranche of €250 million and includes an increase option that would increase the amount by an additional €250 million. EIG is a leading institutional investor in the global energy and infrastructure sectors with $23.1 billion under management as of September 30, 2022. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 40-year history, EIG has committed over $44.5 billion to the energy sector through 393 projects or companies in 42 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. ILOS was established with a focus on PV development within Europe, with Omnes Capital providing development capital as well as construction financing. The ambition is to develop a significant pipeline and become an IPP that operates PV assets in the core markets of Europe. Omnes Capital is a leading private equity and infrastructure investor. With over €5 billion in assets under management, it provides companies with the capital they need to fund their growth in three key areas: venture capital, growth & buyout capital and infrastructure. Omnes Capital is committed to ESG factors and has founded the Omnes Foundation to fund initiatives in favour of children and young people. It is a signatory to the United Nations Principles for Responsible Investment (PRI). The Milbank team was led by partner Barbara Mayer-Trautmann (Finance) and included partners Markus Muhs (Corporate/M&A), Thomas Kleinheisterkamp (Tax), Casey Fleck (Corporate/M&A, LA), Joel Krasnow (Benefits and Compensation, NY) and associates Alexander Lang, Susanne Baier (both Finance), David Schwenneker, Jana Kasakow (both Corporate/M&A) as well as Elisabeth Wöhrle (Tax).

Jan 10

2 min

Milbank LLP advised EQT Infrastructure IV fund (“EQT”) on the sale of Melita to Goldman Sachs Alternatives. Founded in 1992, Melita is today a leading digital infrastructure owner and operator in Malta with a fully invested fiber-powered fixed network as well as a nationwide 5G mobile network with its own towers, backhaul and small cell footprint. EQT is a global investment organization with EUR 246 billion in total assets under management (EUR 134 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence, and market leadership. The transaction is subject to conditions including regulatory approvals. The Milbank team advising EQT on the transaction was led by partner Markus Muhs (Corporate/M&A, Munich) and included partner Lara Watt, James McClymont, Ajal Notowicz and Andrea Hamilton (all Corporate/M&A, London ) and special counsel David Schwenneker (Corporate/M&A, Munich), Andrew Callaghan (Tax, London), as well as associates Janik Klotzsche, Jana Kasakow (both Corporate/M&A, Munich) and Daniel Carolan (Corporate/M&A, London).

Nov 22

1 min

Kirkland & Ellis has bolstered its European corporate practice with the hire of Sebastian Heim, who joins as partner across its Munich and London offices. Heim, a Milbank London partner, has advised on deals including Carlyle’s €7.7 billion ($8.9 billion) acquisition of BASF’s coating business and General Atlantic’s $5.7 billion public offering of SMG Swiss Marketing Group, at the time the largest European IPO of the year. Heim joined Milbank in 2011 as an associate, according to his LinkedIn. “Sebastian is one of the go-to private equity lawyers in Germany,” said Jon A. Ballis, chairman of Kirkland’s executive committee. Heim’s regularly advises clients on corporate law, M&A, and growth equity matters. “Sebastian is an extraordinary lawyer with a stellar reputation,” said Benjamin Leyendecker, a corporate partner in Kirkland’s Munich office. The move comes just 18 months after Kirkland opened its Frankfurt office in August 2024. The hub cooperates closely with Kirkland's Munich office, which has been described by Leyendecker as “key pillar of our strategy”. Heim is joining the Munich office, which has 17 partners listed on Kirkland’s website. Kirkland saw record lateral hires and partner promotions globally in 2025 alongside seven lateral hires in Germany since opening in Frankfurt. Kirkland’s German partners have also been in demand elsewhere, however, with former restructuring partner Leo Plank moving to Gibson Dunn in February. Milbank has been contacted for comment.

Mar 3

1 min

Milbank LLP represented EIG on a €450 million structured credit facility to Aukera with the proceeds to be used to fund and develop its solar, wind and battery storage pipeline. EIG is a leading institutional investor in the global energy and infrastructure sectors, with $22.9 billion under management as of 31 December 2023. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 41-year history, EIG has committed over $47.1 billion to the energy sector through over 405 projects or companies in 42 countries on six continents. Aukera focuses on the development, construction and operation of solar, wind and battery storage projects. It is currently developing a pipeline of 11.5 GW and expects to have over 1.5 GW in construction or operation by 2026. The Milbank team was led by Project, Energy and Infrastructure Finance partner John Dewar and special counsel Seyda Duman, along with associates David Thomas, Grace Otuonye and European Leveraged Finance/Corporate Finance and Securities associate Dionysis Diamantatos. The team also included Corporate partner Markus Muhs, special counsel David Schwenneker and associate Jana Kasakow in Germany, who assisted on the diligence and German law aspects.

Feb 8

1 min

Milbank LLP represented EIG on a €300 million credit facility to Nordic Solar with the proceeds to be used for the construction of certain solar parks in Europe and for the acquisition of new project rights to grow its pipeline. EIG is a leading institutional investor in the global energy and infrastructure sectors. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 41-year history, EIG has committed over $44.3 billion to the energy sector through over 400 projects or companies in 42 countries on six continents. Nordic Solar is a leading Danish solar energy company which develops, builds and operates solar parks across Europe. Today, Nordic Solar operates solar parks with a total capacity of 358 MWp across Europe and has a portfolio of development projects of almost 1.8 GW. The Milbank team was led by European Leveraged Finance partner Laura Bonamis and Global Corporate partner Markus Muhs, along with associates David Thomas, Jana Kasakow and Yalini Ravi.

Jul 18

1 min