CHSH Cerha Hempel Spiegelfeld Hlawati Rechtsanwälte GmbH advised Austrian publicly listed OMV in connection with the sale of a 49% stake in Gas Connect Austria GmbH (GCA) to a consortium formed by the German Allianz Group and Snam, Italy’s gas infrastructure operator.
Noerr has comprehensively advised the Dresden-based solar enterprise Heliatek on a Series D funding and on the conclusion of a loan agreement with the European Investment Bank (EIB). The total volume – including public subsidies – comes to around €80 million.
Global law firm Norton Rose Fulbright has advised Caisse de Depot et Placement de Quebec, Kuwait Investment Authority and State General Reserve Fund of Oman in a USD 850 million investment platform with Tata Power and ICICI Venture for investments into thermal and hydro power assets in India.
This involved the creation of a bespoke platform to facilitate investment in power projects in India in the coming two to three years. It combines the expertise of two of India’s leading business groups along with internationally-reputed sovereign wealth funds and pension funds.
Gide has advised Michelin on its further investment in Symbio FCell during the latter’s new round of funding, which enabled Engie New Ventures to buy 20% of the share capital. Michelin has been the reference shareholder of Symbio FCell since 2014, and had already been advised by Gide during its previous investment in the company.
The Gide team advising Michelin on this operation was led by partner Guillaume Rougier-Brierre.
As part of the TV program‚ “Die Höhle der Löwen”, Jennifer Browarczyk, the founder of a marriage platform “Foreverly”, convinced Jochen Schweizer and the jury to invest EUR 150,000 in her company, which was founded in 2015. As a result, Jochen Schweizer Ventures acquired 10 percent of the shares of the Berlin-based start-up. King & Wood Mallesons (KWM) provided legal advice to Jochen Schweizer with regard to the investment.
National law-firm, Shoosmiths has advised NVM Private Equity (NVM) on a £4m development capital investment into a Salford Quays-based consultancy which is primed for growth in the wake of the UK's decision to leave the European Union.
Customs Connect and Customs Connect Europe, which aim to minimise customs duty paid by importers through re-classification and suspension, plans to use the capital to both support an expanded service offering within the UK and to facilitate growth across mainland Europe.
The corporate team of national law-firm, Shoosmiths has advised independent infrastructure and private equity investment manager Foresight Group on a £2.75m investment into Chorley-based horticultural ecommerce business, Euxton Group.
Gide advised 360 Capital Partners in relation to the transfer, by Orkos Capital to 360 Capital Partners, of the fund management of Robolution Capital. Raised in 2014, Robolution Capital is an EUR 80 million private equity fund dedicated to robotics, artificial intelligence and the Internet of things, investing from early stage to growth. The transfer of the fund management to 360 Capital Partners will provide additional human resources for the fund’s roll-out.
King & Wood Mallesons (KWM) has advised the European Bank for Reconstruction and Development (EBRD) on its new Equity Participation Fund (EPF) with €350 million of first-round fundraising secured for direct equity investment from China’s State Administration of Foreign Exchange and the State Oil Fund of Azerbaijan.
Travers Smith LLP has advised the senior management team of Ascot Underwriting Holdings Limited ("Ascot") on their entry into a new investment relationship with Canada Pension Plan Investment Board ("CPPIB") as part of a US$1.1 billion deal. CPPIB is a professional investment management organization that invests the funds of the Canada Pension Plan on behalf of its 19 million contributors and beneficiaries. The transaction is subject to regulatory approval.