Planning and Energy sector experts from Burges Salmon have advised Snowdonia Pumped Hydro on its application for a £160 million 99.9MW output pumped hydro-electric storage facility at Glyn Rhonwy near Llanberis in Snowdonia to the Planning Inspectorate.
We advised Pöyry PLC in the issue of EUR 30 million hybrid capital securities.
Our team of advisers included Partner Merja Kivelä and Associate Aksu Tuominen as well as Partner Sari Laaksonen (tax).
International legal practice, Osborne Clarke has advised Solarplicity – formerly Sustain Energy Solutions – on its acquisition of the solar energy arm of MAP Environmental, its corporate re-organisation and the securing of further significant investment to enable it to finance the acquisition, development, and operations of its large ground and roof-mounted solar pipeline.
DLA Piper has advised Eni S.p.A. and Eni International BV (Eni) on the sale and purchase of 100 per cent of shares in Eni Hungaria Zrt., a subsidiary of Eni.
The subject of the transaction has been the downstream business of the Hungarian subsidiary, which operates 183 petrol stations in Hungary under the Agip and Eni brand names, including its franchise partners' fuel stations .
With a team led by Prof. Dr. Georg Streit and Dr. Guido Hoffmann, LL.M., the commercial law firm of Heuking Kühn Lüer Wojtek comprehensively advised ENERVIE - Südwestfalen Energie und Wasser AG on restructuring its bank financing and supported it in the related negotiations with the more than 40 participating banks and their steering committee. In connection with restructuring the financing of ENERVIE, its three largest shareholders, the city of Hagen, the town of Lüdenscheid, and Remondis additionally make EUR 60 million available.
Thommessen is acting for Avance Gas in connection with the voluntary exchange offer to acquire all the shares in Aurora LPG Holding ASA.
Aurora LPG is listed on Oslo Axess. The exchange offer values Aurora LPG to approximately NOK 1.7 billion. The combined group will be the owner and operator of the world's second largest VLGC fleet of 23 ships when all the newbuildings have been delivered under Aurora LPG newbuilding programme (expected by Q3 2016).
Ince & Co has advised longstanding client Golar LNG (“Golar”) on their contract with West Africa Gas Limited (“WAGL”) to provide Floating Storage and Regasification Unit ("FSRU") services to support their Liquefied Natural Gas (LNG) import project in Ghana. The transaction marks Sub Saharan Africa's first FSRU project.
WAGL, a joint venture between the Nigerian National Petroleum Corporation (60%) and Sahara Energy Resource Ltd (40%), is developing an LNG import project at the port of Tema, Ghana. The planned start-up date is for Q2 2016.
GPP Vind owned by AP Pension and Pædagogernes Pensionskasse (PBU) acquires 19 small windmill farms from Vattenfall. Plesner has assisted GPP Vind with the acquisition.
GPP Vind acquires 19 small windmill farms in Jutland, Denmark, with a total capacity of 65 MW from the Swedish energy company Vattenfall. GPP Vind is a subsidiary in the Green Power Partners II group and is owned by AP Pension and PBU.
King & Wood Mallesons has advised China General Nuclear Power Corporation (CGN) as its international counsel and PRC counsel on the offering of US$500,000,000 4.00 per cent. bonds due 2025, issued by China Clean Energy Development Limited, a wholly-owned subsidiary of CGN and guaranteed by CGNPC International Limited. The bonds are also supported by credit enhancement by CGN through a keepwell and equity interest purchase undertaking deed and a standby facility agreement.
A cross-border King & Wood Mallesons team is advising China General Nuclear Power Corporation (CGN) on its landmark £6 billion investment in Hinkley Point C plant in Somerset, the UK’s first nuclear power station in 20 years.