Murphy&Spitz Green Capital AG has through a capital increase on 7 April 2010 taken a stake in KBB Kollektorbau GmbH, Berlin. KBB is German market leader in the production of solar collectors. Solar thermal technology plays an important role in cost efficient renewable heat generation, comments CEO Andrew Murphy the investment decision. Besides Murphy&Spitz Green Capital AG Q-Cells co-founder Dr. Paul Grunow participated in the financing round. Murphy&Spitz Green Capital AG is a listed private equity company focussed on renewable energies and renewable raw materials.

 

Orrick Hölters & Elsing advised Murphy&Spitz in all legal aspects of the transaction, including due diligence, investment agreement, shareholders agreement and other contracts. The Orrick team was lead by Düsseldorf corporate partner Prof. Dr. Olaf Müller-Michaels. Orrick is advising Murphy&Spitz Green Capital AG since its founding in 2006. Recently, Orrick was retained as counsel for the stock exchange listing of MSGC in January 2010. KBB was represented by the Berlin law firm Gabler Rechtsanwälte with senior partner Dr. Thomas Gabler and Katja Weberpals.