NORD/LB Acquires Voltiq to Expand Energy Transition Finance and Advisory Services

German bank NORD/LB has acquired renewable energy advisory firm Voltiq, adding specialist M&A, project finance and equity raising services to its structured finance business. Financial terms were not disclosed.

The acquisition, announced on 19 October 2026, brings Voltiq's advisory expertise into NORD/LB's existing financing operations. Voltiq will continue operating under its own brand with its existing team.

Founded in 2009, Voltiq operates from Amsterdam and Madrid, providing financial advisory services across solar energy, onshore and offshore wind, energy storage, hydrogen, bioenergy and transmission infrastructure. Its activities include project financing, debt and equity raising, and mergers and acquisitions.

NORD/LB has financed renewable energy projects for more than 30 years, supporting over 1,100 projects with a combined installed capacity of approximately 108 gigawatts. Its Structured Finance division provides financing solutions in Germany and international markets.

The acquisition expands the bank's offering to include transaction structuring, arranging, lending, underwriting, strategic deal advisory and equity services, combining financing and advisory capabilities across renewable energy and infrastructure projects.

Deal Snapshot

Buyer / Parties: NORD/LB Norddeutsche Landesbank
Target: Voltiq – Energy Transition Finance
Sector: Financial services, renewable energy and infrastructure advisory
Deal type: Acquisition
Value: Undisclosed
Geography: Germany, Netherlands and Spain
Identified advisers: Hogan Lovells Cadwalader, Deloitte, Kemperink, Maarschalkerweerd Wouters, Sacaba Capital & Advisory, AvT Adviseurs

Deal Rationale

The acquisition extends NORD/LB's established renewable energy financing activities into specialist transaction advisory services. Voltiq adds expertise in project finance, M&A and equity raising, enabling the bank to offer financing and strategic advisory services through a more integrated platform. Voltiq's clients will also gain access to NORD/LB's financing products, international market presence and established relationships across the renewable energy sector.

Advisers to the Transaction

Buyer – NORD/LB:

• Hogan Lovells Cadwalader acted as legal adviser.
• Deloitte advised on tax and financial due diligence.

Target – Voltiq:

• Kemperink, Maarschalkerweerd Wouters acted as legal adviser.
• Sacaba Capital & Advisory acted as financial adviser.
• AvT Adviseurs acted as tax adviser.

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