White & Case LLP has advised Energeticky a prumyslovy holding (EPH) on the agreement by its subsidiary, EP Slovakia BV, to acquire the 66 percent stake in Slovenské elektrárne, a.s. owned by Enel Produzione S.p.A., a subsidiary of Italy-based multinational power company Enel S.p.A.
DLA Piper has advised First Solar, Inc., an international supplier of photovoltaic system solutions, on its investment in Younicos AG, a leading supplier of grid and energy storage solutions.
This deal forms part of the 50 million USD growth capital financing that comes from a consortium of First Solar, Inc., Grupo ECOS, a private equity firm specialising in sustainable investments, and an undisclosed strategic lead investor. The aim of this financing round is to enable the company to further scale its development of intelligent energy storage solutions.
15 December 2015, China National Offshore Oil Corporation (CNOOC) signed an agreement with Royal Dutch Shell Group (Shell) to expand the capacity of the joint venture located in Huizhou City, Guangdong Province. According to the agreement, additional petrochemical production facilities will be built adjacent to the existing petrochemical complex and Shell will be involved in the construction process. CNOOC has already undertaken the construction of the petrochemical production facilities.
Wragge Lawrence Graham & Co's Energy team, led by partner Gareth Baker, has advised longstanding client Primrose Solar on the acquisition of three 5MW solar farms, one at Bedborough Farm, Wimborne, one in Merston, Chichester, and the third near Ashby-de-la-Zouch.
The Bedborough acquisition was finalised in June 2015, with Primrose acquiring the site from Wiltshire-based developer Solstice Renewables.
A cross-border KWM team has acted as PRC and Australian advisers to China’s State Power Investment Corporation (SPIC) on its acquisition of Pacific Hydro, IFM’s renewable energy portfolio. This is one of the largest ever acquisitions by a Chinese bidder in Australia and signals the ongoing appetite from Chinese investors for Australian assets.
The Houston office is representing Tesoro Corporation in the acquisition of Great Northern Midstream LLC, a crude oil logistics provider owning and operating recently constructed crude oil pipeline, gathering system, transportation, storage and rail loading facilities in North Dakota's Williston Basin. The transaction is expected to close in the first quarter of 2016. The transaction value was not disclosed.
Slaughter and May advised Drax Group plc and its subsidiaries (the Drax Group) on the refinancing of an existing £400 million revolving credit facility and amendments to an existing £100 million amortising term loan facility with the Prudential/M&G UK Companies Financing Fund, a £30,000,000 floating rate note purchase agreement and £70,000,000 index-linked note purchase agreement with various M&G counterparties, a £100 million amortising term loan facility with the UK Green Investment Bank and guarantee and reimbursement arrangements with Infrastructure
Osborne Clarke has advised CHORUS Clean Energy AG on the purchase of the wind farm “Appeln”. The CHORUS Group operates solar and wind farms in five European countries. The company, based in Munich, has solar and wind farms with a combined output of 265 megawatts. CHORUS also provides investment opportunities for systems that generate renewable energy.
Clifford Chance has advised China Energy Engineering Corporation Limited (CEEC) on its US$1.8 billion IPO. CEEC is one of the largest comprehensive solutions providers for the power industry in China and globally.
The team was led by partner Tim Wang and US securities partner Fang Liu. They were assisted by counsel Ning Liu, senior associate Corey Zhang and associates Lawrence Zhang, Crystal Zhang, Erxin Lu and Xiaoxi Liu.
Polarcus has announced its decision to formally address the Company's long term financing structure with the aim of restructuring the Company's balance sheet.
Polarcus has retained ABG Sundal Collier as financial advisor and Wiersholm as legal advisor to assist the Company in the prosess.
In the announcement released Monday 7 December the Company said: