LONDON, 8 February 2016 - Milbank, Tweed, Hadley & McCloy LLP has advised EIG Global Energy Partners in the joint sale with their 50% joint venture partner Centrica plc, of the Glens of Foudland, Lynn and Inner Dowsing wind farms (‘GLID’) to a consortium comprising of funds managed by BlackRock and the UK Green Investment Bank Offshore Wind Fund.  The enterprise value is approximately £423 million.

Skadden advised the special committee of the board of directors of China Ming Yang Wind Power Group Limited in its $408 million going-private acquisition, announced February 3.

Castrén & Snellman acted as the legal advisor to Gasum Oy in a transaction whereby Gasum and the private shareholders of Biovakka Oy signed an agreement on the transfer of the full shareholding of Biovakka to Gasum on 1 February 2016. The transaction is expected to be completed during February 2016. Biovakka Suomi Oy has been an associated company of Gasum since 2009 (with a 20% shareholding). The acquisition is part of Gasum’s strategy deployment and growth in the biogas business.

Baker & McKenzie has advised Conergy Japan K.K., the Japanese subsidiary of Conergy, one of the world's largest downstream solar companies, on the acquisition, development, sale and conclusion of EPC contracts for the construction of the 25.88 megawatt (MW) Ichinoseki photovoltaic mega solar power plant in Iwate Prefecture, Japan.

Watson Farley & Williams (“WFW“)  advised Lite-On Green Energy B.V., a renewable energy company belonging to the Taiwanese Lite-On Group, on the sale of six PV plants in the Calabria and Lazio region with a total capacity of 4 MW to sale to Luxemburgish fund IKAV EE S.a.r.l.

The WFW team who advised Lite-On on all the contractual, real estate, administrative and regulatory aspects of the transaction was led by Rome corporate partner Tiziana Manenti, assisted by Counsel Luca Sfrecola and associates Cristina Betti and Giovanni Incardona.

Watson Farley & Williams Asia Practice LLP (“WFWAP”) advised long-standing client M3nergy Berhad (“M3nergy”), a subsidiary of the Sabah Development Bank, on the acquisition of Lundin Services Limited (“LSL”), a Labuan company which owns the FPSO Bertam from Lundin Petroleum AB (“Lundin”).

The transaction, which is worth US$265 million, is slated to complete during the first quarter of 2016.

Ashurst has advised Lundin Petroleum AB (Lundin Petroleum) on its entry into of  a committed seven year senior secured revolving credit facility of up to US$5.0 billion, with an initial committed amount of US$4.3 billion.

Göteborg Energi AB (“GE”) has, following the completion of a public procurement process, awarded Tieto Sweden AB a contract covering the outsourcing of parts of the company’s IT operations as well as the procurement of a new business support system. The contract extends over several years.

King Wood Mallesons has advised EDP Group on the acquisition of piped gas assets in the North of Spain (Basque Country, Cantabria and Asturias region), from global energy company Repsol for €116 million.

CMS has successfully advised three of the key renewable energy companies operating in Bulgaria on a global out-of-court settlement with the Bulgarian Transmission System Operator (“ESO” EAD) regarding the Feed-In-Tariff (“FiT”) reduction recovery. The photovoltaic power producers - with installed capacity exceeding 100 MWp were represented by CMS and achieved the successful repayment of the illegally imposed by the Bulgarian State Energy and Water Regulatory Commission grid access fees collected by “ESO” EAD between September 2012 and December 2013.