Jones Day assisted Total S.A. with pre-litigation against a contracting party regarding a major malfunction of the messaging system.

For additional information about this matter, please contact: Rémy Fekete
Client(s): Total S.A.
Practice(s): Government Regulation, Cybersecurity, Privacy & Data Protection
Office(s): Paris

We advised Gaelectric Holdings plc on the sale of 230MW of wind farm assets to the renewable energy investment arm of the China General Nuclear Power Group (“CGNP”). The assets include 14 operational and in-development wind farms and are believed to have an enterprise value in excess of €400m.

The sale follows a year-long sales process and will see Gaelectric continue to manage the wind farms on behalf of CGNP and provide power take-off services to the group.

Houthoff Buruma assisted Varo Energy in their sale of its shares in Hydrocarbon Hotel B.V. (and de facto their oil and gas storage terminal in the Amsterdam port) to GPS Group.

Houthoff Buruma team included: Jan-Paul van der Hoek , Johan Kasper , Baukje Dreimüller

The teams of international law firm Gide, alongside those of Ivorian firm ADKA, coordinated by Michel Pitron (Gide) and Adama Kamara (ADKA), advised State companies Société Nationale d’Opérations Pétrolières de la Côte d’Ivoire (PETROCI-Holding) and Société des Energies de Côte d'Ivoire (CI-Energies), on building a new liquefied natural gas (LNG) supply terminal in the Republic of Côte d’Ivoire.

Watson Farley & Williams (“WFW”) has advised Velocita Energy Developments Ltd (“Velocita”) on two significant European disposals. Funded by US private equity firm Riverstone Holdings, Velocita is a wind energy company focused on developing, constructing and operating wind projects across Europe.

Flex, the sketch-to-scale solutions provider, and RIB Software, the world's leading 5D building information modeling provider, will establish a transformative joint venture for the housing and building industries.

Arntzen de Besche assists Stiftelsen SINTEF in the merger of Norsk Marinteknisk Forskningsinstitutt AS (Stiftelsen SINTEF owns 56 %) and SINTEF Fiskeri og Havbruk AS (Stiftelsen SINTEF owns 96 %) as well as in the transfer of one of Stiftelsen SINTEF’s departments to the merged entity.

The name of the merged entity will be SINTEF Ocean AS and the entity will have about 340 employees and a turnover of approximately 500 million. SINTEF’s ambition is to strengthen its position as a world leading research community within marine technology and biomarine research.

 Ince & Co LLP has advised long-standing client Golar on its participation in the CI-GNL (Ivory Coast LNG) consortium, which has been awarded the rights to build and operate an LNG re-gasification terminal with a floating storage and re-gasification unit (FSRU) in the Ivory Coast.

This project will allow for regional and domestic LNG demand to be met and make the Ivory Coast the first regional LNG import hub in West Africa. The terminal has a planned capacity of 3 million tonnes per annum and operations are expected to start mid-2018.

European Spallation Source ERIC (ESS) has signed agreements regarding an in aggregate EUR 300 million line of credit with the European Investment Bank (EIB), the Nordic Investment Bank (NIB) and the Swedish Export Credit Corporation (SEK). The bridge financing enables ESS to follow its time plan for the research facility at this stage of the construction phase.

Jones Day advised PT Saka Energi, an upstream division of Indonesian national gas company PGN, in its acquisition of a 37.825 percent working interest from BP Plc in the Sanga-Sanga gas production block in Indonesia.

For additional information about this matter, please contact: Maria Tan Pedersen, Benjamin P. McQuhae
Client(s): PT Saka Energi Indonesia
Practice(s): M&A, Energy, Projects & Infrastructure, Tax
Office(s): Hong Kong, Dallas, London, Singapore