On March 23, 2015, Shandong Fengyuan Biomass Power Co., Ltd. (stock code: 832236) was successfully listed on the National Equities Exchange and Quotations (“NEEQ”) system. A Jinan-based team composed of attorneys Feng Lihui, Wang Botao, Li Rui and paralegal Lu Siyu advised the company on the listing.
On March 11, 2015, Shenzhen Great Energy Technology Co., Ltd. (stock code: 832039) was successfully launched on the National Equities Exchange and Quotations (“NEEQ”) system. A Dacheng team led by Shenzhen-based attorneys Tu Chengzhou and Shang Hongjin advised Great on the listing.
Clayton Utz has advised Empire Oil & Gas NL in connection with its A$15.7 million raising via a placement to sophisticated and institutional investors, and a fully underwritten pro-rata non-renounceable entitlement offer, announced to the market on 25 March 2015.
Perth Corporate Advisory/M&A partner Mark Paganin led the Clayton Utz team, which includes senior associates Liz Humphry and James Clyne, and lawyer Tom Parker.
Slaughter and May is advising Royal Dutch Shell plc (Shell) in relation to its recommended cash and share offer for BG Group plc (BG Group).
Shell expects that the combination will accelerate its growth strategy in global LNG and deep water. Under the terms of the combination, BG Group shareholders will receive 383 pence in cash and 0.4454 Shell shares for each BG Group share. The terms of the combination value BG Group at approximately £47 billion and will result in former BG Group shareholders owning approximately 19% of the combined group.
De Brauw Blackstone Westbroek, working as a team with its Best Friend Slaughter and May and with US law firm Cravath, Swaine & Moore has advised Royal Dutch Shell on its recommended cash and share offer for BG Group.
Under the offer, BG Shareholders will be entitled to receive a mix of cash and Shell B shares.
Watson, Farley & Williams Asia Practice LLP (“WFWAP”) said today that the USD2.3 billion equivalent Islamic facility to SapuraKencana Petroleum Berhad (“SapuraKencana”) represents a milestone transaction as the largest syndicated Islamic facility in the Malaysian market to date.
Milbank, Tweed, Hadley & McCloy LLP advised Japan-based electricity utility Chubu Electric Power Co., Inc. in its acquisition of an interest in a state-of-the-art 700 megawatt electricity generating plant to be constructed in northeastern Ohio.
Osborne Clarke has advised RWE npower, part of the RWE Group, on its acquisition of specialist energy management company RUMM.
RWE npower is a major UK energy company which serves around 5.4 million residential and business customers with electricity, gas and energy services. RUMM uses the latest innovations in cloud-based data analytics to help businesses monitor and control their energy in real time. RWE npower estimates its roll out of RUMM's services could save British businesses up to £4bn per year on energy.
The Energy & Infrastructure Finance team at Wragge Lawrence Graham & Co has advised Ecotricity on the refinancing of a portfolio of 19 operational wind and solar assets worth £70 million. The investment from Aviva Annuity UK Limited replaces financing from two of Ecotricity's long-standing finance providers.
DLA Piper has advised KAEFER Isoliertechnik GmbH & Co. Kommanditgesellschaft on a syndicated senior financing package, valued at €500 million - one of the largest corporate financing transactions carried out in Germany so far this year.
The package was arranged by a banking syndicate comprised of Deutsche Bank AG, Commerzbank Aktiengesellschaft and HSBC Trinkaus & Burkhardt AG, alongside a mezzanine financing package by two mezzanine lenders.