Herbert Smith Freehills has advised Beijing Gas Group on its first major investment in the Russian energy market through agreements with Russian state-owned company Rosneft.
The transactions were signed on 7 November during a meeting between the prime ministers of Russia and China in St. Petersburg, Russia.
The Long Beach Civic Center and Port Headquarters Project won the Gold Award for Best Social Infrastructure Project and the prestigious "project of projects" Grand Prix at the 2016 P3 Awards & Conference.
The Firm represented GDS Holdings Limited (“GDS”) in connection with its initial public offering and listing on the NASDAQ Global Market of 19,250,000 American Depositary Shares, representing 154,000,000 Class A ordinary shares. The total offering size was US$192.5 million before exercise of the underwriters’ overallotment option. Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Citigroup Global Markets Inc., RBC Capital Markets, LLC and China Renaissance Securities (Hong Kong) Limited acted as joint bookrunning managers of the offering.
Ashurst has acted as external legal counsel to Singapore's Pavilion Gas Pte Ltd (Pavilion Gas), a wholly-owned subsidiary of Pavilion Energy, in relation to its successful bid for a licence to import liquefied natural gas (LNG), and sell regasified LNG, into Singapore.
Ashurst has acted as external legal counsel to Singapore's Pavilion Gas Pte Ltd (Pavilion Gas), a wholly-owned subsidiary of Pavilion Energy, in relation to its successful bid for a licence to import liquefied natural gas (LNG), and sell regasified LNG, into Singapore.
Norton Rose Fulbright has advised the Thai and Malaysian arms of Trans Thailand-Malaysia (TTM) on the refinancing of a total of US$207 million in relation to an offshore gas pipeline project located in the Malaysia-Thailand Joint Development Area in the Gulf of Thailand.
DLA Piper has advised GE on its intent to purchase LM Wind Power, a Denmark-based manufacturer and supplier of rotor blades to the wind industry, for $1.65 billion (€1.5 billion).
The deal in-sources wind turbine blade design and manufacturing for GE’s Renewable Energy business, improving its ability to increase energy output and create value for onshore and offshore customers. The transaction is subject to customary regulatory and governmental approvals.
In connection with transfer of the Swiss transmission network, the Swiss Federal Electricity Commission (ElCom) ruled on the valuation method used to determine the respective value of the transmission network installations. The closing of the complex transfer process was carried out by the former owners and the new owner Swissgrid as from 2013. A new ruling on the underlying valuation method for the installations was issued in October 2016. This will result in higher compensation for the former owners.
DLA Piper has advised AustriaSolar Group on the sale of its subsidiary AustrianSolar Chile Cinco SpA, to SunPower El Pelicano Holding Company SpA, an affiliate of SunPower Corporation.
SunPower Corporation’s majority shareholder TOTAL S.A. is one of the world’s leading companies in the energy sector, active in the field of conventional and renewable energies. The divested company owns a photovoltaic project in Chile (El Pelicano) which has a capacity of 100 MW (AC).
NautaDutilh assisted DELTA Energy B.V. with the sale of its wind and solar activities to Eneco Wind.
The sale comprises three operational wind parks with a capacity of 28.7 megawatt, two ready-to-build wind parks with a capacity of 11.5 megawatt, a number of wind development projects with a contemplated capacity of c. 60 megawatt and four solar projects with a contemplated capacity of 10 megawatt.
DLA Piper has advised Georgian Industrial Group, acting through its special purpose vehicle, Luraq Investments Limited , on the acquisition of a 29.29% stake in the Ukrainian insulin producer, JSC “Indar”. The stake was previously held by Bioton S.A, a Polish biotechnological company.
Georgian Industrial Group is the largest industrial group in Georgia, with a diversified business portfolio, including coal mining, electricity generation, natural gas, retail, automotive, media, real estate and others.