Shearman & Sterling advised Greenko Energy Holdings and Greenko Investment Company in connection with the offering of US$500 million 4.875% senior notes due 2023 by Greenko Investment Company, unconditionally guaranteed by Greenko Energy Holdings on a senior basis.

The offering marked India’s first high yield green bond issuance and addressed the financing needs of Greenko Energy Holdings’ Indian operating subsidiaries. The notes are listed on the Singapore Exchange Securities Trading Limited.

Our lawyers have assisted Eidsiva Energi and Gudbrandsdal Energi in connection with the sale of 60% of the shares in the wind power project Austri Raskiftet by Osensjøen in Hedmark county.

The wind farm is being constructed by the Swedish company OX2.

Clyde & Co has advised clean energy provider Fortum O&M (UK) Limited on its contract negotiations to operate and maintain the world's biggest biomass power station in the UK.

Clyde & Co assisted with negotiations on the operation and maintenance (O&M) agreement to operate the facility and associated documents.

The 299MW renewable energy plant will be based in Teesside in the North East of England and will be constructed by MGT Teesside.  Macquarie is the lead equity sponsor and financial advisor for the £650 million investment project.

Global law firm Norton Rose Fulbright has advised JX Nippon Oil & Energy Corporation on its acquisition of a 10 per cent stake in Petronas LNG 9 Sdn Bhd (PL9SB), valued in excess of US $400 million.

PL9SB is a wholly owned subsidiary of Petronas.  As part of the transaction, JX and Petronas signed a marketing support agreement.

NTPC Limited, India’s largest power utility company, has now completed its landmark Indian Rupee denominated 20 billion Green Masala bond issue where Allen & Overy advised the lead managers.

The bond is the first of its kind and is dual listed on the London and Singapore Stock Exchanges. Issuance was Indian Rupee denominated but settled in U.S. dollars, to provide investors with exposure to the local currency.
 

Noerr has advised Shanghai Electric Group on the acquisition of the group Broetje Automation. The Chinese conglomerate is acquiring the group from Deutsche Beteiligungs AG (DBAG), the machinery and plant manufacturing company Dürr as a minority shareholder and other co-investors. The purchase price is approx. €173.5 million Euros.

A team of Hogan Lovells debt capital markets lawyers has advised TS Energy Italy (TS Energy) on its EUR 40 million bond issue (the Issue).

TS Energy is the Italian subsidiary of Zhongli Talesun Solar Groupe, an investment group specializing in the renewable energy sector. It is an entity that controls nine Special Purpose Vehicles (SPVs) each holding one solar plant.

Hogan Lovells has advised Merkur Offshore GmbH on the project financing of the planned offshore wind farm Merkur. The financing volume amounts to approx. 1.6 billion euro including an equity share of nearly 500 million euro.

Clifford Chance advised Gunvor Petroleum Rotterdam B.V. on the financing of a comprehensive upgrade of its Gunvor Petroleum Rotterdam refinery.

Baker & McKenzie has advised Lonestar Resources Limited, an ASX-listed Australian corporation with oil & gas operations in Texas, on its re-domiciliation to Delaware with a listing on the NASDAQ Global Market (“NASDAQ”).