King & Wood Mallesons has advised the South Eastern Australia Gas (Mortlake) Partnership (the SEA Gas Mortlake Partnership), on its sale agreement to acquire the Mortlake Pipeline in Victoria for $245 million.

KWM also advised the SEA Gas Mortlake Partnership on its arrangements with Origin for the provision of long-term gas transportation and storage services on the pipeline.

The transaction is expected to be completed after 30 June 2016, and is part of Origin’s asset divestment process.

Beijing/Hong Kong: Herbert Smith Freehills has advised State Grid Corporation of China on a dual-currency four-tranche issue of senior notes, raising US$2.1 billion for the world's largest utility.

The firm advised State Grid Corporation of China as guarantor and its wholly owned subsidiary State Grid Overseas Investment (2016) Limited as issuer on the issuance of:

US$500 million 2.125% Senior Guaranteed Notes due 2021
US$500 million 2.375% Senior Guaranteed Notes due 2026
€500 million 1.25% Senior Guaranteed Notes due 2022

Herbert Smith Freehills has advised long-standing client, Origin Energy on its agreement to sell the Mortlake Pipeline to SEA Gas Mortlake for A$245m.

The Mortlake Pipeline, which is currently operated by a related party of SEA Gas Mortlake, supplies gas to Origin’s 550 MW gas-fired Mortlake Power Station in Victoria. Origin has secured long-term gas transportation and storage services on the pipeline from SEA Gas Mortlake as part of the sale transaction.

Darrois Villey Maillot Brochier advises Technip on its combination with FMC Technologies, creating TechnipFMC, a global leader in the energy sector with combined revenues of US$20 billion (pro forma data 2015) that will be listed on the Euronext Paris and the NYSE.

Davis Polk is advising Technip S.A. on its combination with FMC Technologies, Inc. The combined company, which will be called TechnipFMC, would have an equity value of $13 billion based on pre-announcement share prices. Technip shareholders will receive two shares of the new company for each share of Technip, and FMC Technologies shareholders will receive one share of the new company for each share of FMC Technologies.

Tokyo, Japan, May 19, 2016 – Baker & McKenzie provided legal advice on a mega solar project being developed by Trina Solar Ltd., a Chinese photovoltaic manufacturer, in Ishinomaki City, Miyagi Prefecture, Japan. Trina Solar is a world-leading solar modules manufacturer and solar power plant development, construction, solution Service Company and is working together with GE Energy Financial Services to invest in the 14-megawatt power plant.

NautaDutilh assisted Core Laboratories with a $172 million equity offering which launched and closed within an unprecedented one week period, followed by the cross-listing of the shares issued under the offering on the New York Stock Exchange and Euronext Amsterdam.

Core Laboratories is a leading provider of reservoir description, production enhancement, and reservoir management services to the world's major, national, and independent oil companies in order to optimise recovery from existing oil fields.

Mannheimer Swartling has assisted Corral Petroleum Holdings AB in its issuance of unsecured Senior PIK Toggle Notes consisting of SEK-notes with a principal amount of SEK 500 million and EUR-notes with a principal amount of EUR 570 million. The fixed rate notes will be listed on the Luxembourg Stock Exchange and fall due 2021. The issuance of the notes is part of the group's refinancing which also includes Preem AB’s bank debt.

Global law firm Clyde & Co has advised Hawar Group in connection with the acquisition of a 30% stake in STEAG Power Minerals GmbH, a German company operating internationally in the power generation sector.

Hawar Group was established in Doha by Emad Al-Darwish in 1982. Since its formation, the Group has made a significant contribution to the development of the energy and engineering sectors in Qatar.

The London and Paris offices of Debevoise & Plimpton LLP is advising Rexel in the placement of €650 million of 3.5% senior notes due 2023.

The notes, callable at Rexel’s discretion as from June 2019, will rank pari passu with Rexel’s senior credit facility and other senior unsecured notes. They are being offered exclusively to investors outside the United States and are expected to be listed on the Luxembourg Stock Exchange.