"Dentons Represents Bondholders in Green City Group Insolvency Proceedings"

"Global law firm Dentons is representing bondholders of the Green City Group in insolvency proceedings for its subsidiaries, Green City Kraftwerkspark II and III, which operate wind farms. Following the approval of insolvency plans in July 2025, the companies will continue operations, ensuring the interests of bondholders are maintained. Grüne Emissionshaus will manage the companies moving forward, and bondholders can expect initial distributions by the end of the year."

**Press Release Summary** On October 23, 2025, global law firm Dentons and its audit and tax consulting entity in Germany, Dentons GmbH, represented the bondholders of the Green City Group in the insolvency plan proceedings concerning two subsidiaries, Green City Kraftwerkspark II (KWP II) and Green City Kraftwerkspark III (KWP III), which own and operate wind farms. The transaction involved the insolvency proceedings initiated in December 2023 against KWP II and KWP III, following the insolvency filings of several companies under the renewable energy development group, Green City AG, in early 2022. After the creditors approved the complex insolvency plans in July 2025, the insolvency proceedings were lifted in September and October 2025, allowing the companies to continue operations in the interest of the bondholders. Grüne Emissionshaus will manage the two companies moving forward, while Dentons GmbH will remain the appointed joint representative of the bondholders. **Advisors to Green City Group Bondholders:** - **Dentons (Berlin):** - Andreas Ziegenhagen (Lead Partner, Restructuring) - Dirk Schoene (Partner, Restructuring) - Jennifer Brenke (Counsel, Restructuring) - Konrad Boening (Senior Associate, Restructuring) - Karl Berner (Associate, Restructuring) - Hauke Thieme (Partner, Tax) - Dr. Christoph Binge (Partner, Corporate/M&A) - Matthias Hause (Counsel, Corporate/M&A)

"Dentons Represents Bondholders in Green City Group Insolvency Proceedings"

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