Paul Hastings Advises PAUL Tech on €120 Million Financing From MEAG

July 01, 2025

Paul Hastings (Europe) LLP advised PAUL Tech AG, a leading German property technology corporation, on a long-term €120 million financing from MEAG, the asset manager of the Munich Re Group.

The financing supports the nationwide rollout and continuous growth of PAUL Net Zero, an integrated technology platform for the carbon-neutral heat supply of existing buildings that combines AI-controlled energy optimization, highly efficient heat pump systems and photovoltaic systems to create a holistic, sector-linked heat-as-a-service model.

The credit facility will be paid out in several tranches, each with a maturity of up to 10 years. Initially, approximately 2,000 residential units will be equipped with PAUL Net Zero, which will rise to 20,000 by the end of the year.

The Paul Hastings team was led by partners Dr. Christopher Wolff, Dr. J. Melchior Raiser and Dr. Jan Gernoth and included associates Dr. Johanna Mayer-Ismail, Dr. Johannes Hilpert and Dr. Faraz Maneshkarimy.

More details of the transaction can be found here.

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