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Energy & Utilities

Schoenherr advises immigon and ERGO on the sale of VICTORIA VOLKSBANKEN Pensions- and Vorsorgekasse

20 Jul 2015

Schoenherr advised immigon portfolioabbau ag ("immigon") and ERGO Versicherungsgruppe ("ERGO"), the two majority shareholders of VICTORIA-VOLKSBANKEN Pensionskassen Aktiengesellschaft and VICTORIA-VOLKSBANKEN Vorsorgekasse AG, on the sale of their shareholdings in both the pension and the provident fund to BONUS Pensionskassen Aktiengesellschaft. The two share purchase agreements were signed on 10 July 2015.

White & Case Advises E.s.tr.a. on €100 Million Euro Private Placement

16 Jul 2015

White & Case LLP has advised E.s.tr.a. S.p.A. Energia Servizi Territorio Ambiente, the Italian multi-utility company active in the energy sector, on the English and Italian law aspects of its euro private placement of €100 million, 3.75 percent notes due 2022.

The notes, which are guaranteed by E.s.tr.a subsidiary Centria S.r.l., were sold through a private placement to European qualified investors and will be listed on the Irish Stock Exchange.

Baker & McKenzie Advises on the Implementation of Floating Mega Solar Power Business in Hyogo Prefecture

16 Jul 2015

Baker & McKenzie (Gaikokuho Joint Enterprise) acted as a legal advisor to Kyocera TCL Solar LLC, a Tokyo-headquartered joint venture of Kyocera Corporation and Century Tokyo Leasing Corporation, on the development of floating mega solar business in Hyogo Prefecture. Two of the power stations are located in Kato City and in operation since March 2015, while the third plant, constructed in Sakasamaike, Kasai City and in operation since June 2015, is generating an estimated maximum of 2.3 MW* per year in total and is considered the world's largest of its kind.**

Herbert Smith Freehills acts for Bazalgette Consortium on its successful Thames Tideway Tunnel bid

15 Jul 2015

Herbert Smith Freehills is advising the Bazalgette Consortium on its bid to become the Infrastructure Provider for the Thames Tideway Tunnel.  Bazalgette, a Consortium of investors comprising funds managed by Allianz Capital Partners, Amber Infrastructure, Dalmore Capital and DIF, was selected as Preferred Bidder for the Project on 13 July 2015.  The appointment of Bazalgette as Infrastructure Provider of the Thames Tideway Tunnel is subject to formal designation and licensing by the water industry's economic regulator, Ofwat, following which Bazalgette will own, finance and deliv

Munters acquires HB Group

15 Jul 2015

Munters has acquired HB Group, an international company that specializes in customized hygienic climate control systems for the food/dairy industries. HB Group has locations in the Netherlands and a joint venture in the Czech Republic.

Munters is a global leader and premium partner in energy efficient air treatment solutions, with manufacturing and sales in 30 countries by around 2,700 employees. Munters has annual net sales of approximately SEK 5 billion and is owned by Nordic Capital Fund VII.