European Energy A/S successfully lists floating rate bonds on NASDAQ OMX
European Energy A/S, a Danish wind- and solar power company, has announced the successful listing of EUR 45 mio. floating rate corporate bonds on NASDAQ OMX Stockholm.
European Energy A/S, a Danish wind- and solar power company, has announced the successful listing of EUR 45 mio. floating rate corporate bonds on NASDAQ OMX Stockholm.
After planning and construction phases spanning several years, Trianel's Borkum wind farm started operation on 1 February 2015. The offshore wind farm's 40 AREVA Wind M5000 turbines with a rated power of 5 MW each are located about 45 km from the coast of the North Sea island of Borkum. Based on an expected capacity of 4,000 full load hours, the wind farm will produce approximately 800 gigawatt hours of electricity (800 million kWh) each year. This is enough energy to power about 200,000 households.
Herbert Smith Freehills advised Anil Ambani led-Reliance Infrastructure as international counsel on its acquisition of, an ultimately, controlling stake in Pipavav Defence and Offshore Engineering Company.
The acquisition is said to be the largest ever acquisition in the Indian defence sector, which has recently opened up following Indian government policy changes allowing increased FDI in the sector but at the same time looking to fulfil Prime Minister of India Narendra Modi's "Make in India" programme.
Wragge Lawrence Graham & Co's Energy team has guided longstanding client Primrose Solar through its acquisition of a 9.5MW solar farm under construction at Wilton Farm, Cornwall.
The acquisition, from Gamma Solutions, takes Primrose's portfolio to 10 solar farms, representing 184 MW of total capacity, all either operating or under construction. Gamma will be responsible for the construction, management and operation of the Wilton Farm site.
Lawrence Tan, Soh Chai Lih, Bernia Tan, Mariana Lesmana and Cynthia Wu from the Capital Markets / M&A Practice Group acted for Energian Pte. Ltd., (the “Offeror”), a wholly-owned subsidiary of Falcon Energy Group Limited (“FEG”), in its voluntary unconditional cash offer for the issued and paid-up ordinary shares in the capital of CH Offshore Ltd. (“CHO”) other than those already owned, controlled or agreed to be acquired by the Offeror.
Stibbe advises NRG Value, a Dutch fuel and convenience retail management chain recently started by former managers from Shell, Exxon Mobil and Merrill Lynch, on its acquisition of 107 Esso petrol stations from Esso Nederland, a subsidiary of Exxon Mobil.
Team: Kirsten Berger, Duco de Boer, Frederieke Schoute, Harold Marquenie, Rob Londeman
Eversheds advised Eco2 Ltd and Iceni Energy Ltd on the sale of 44.2MW straw-powered biomass project in Snetterton, East Anglia.
The Snetterton Renewable Energy plant will be primarily fuelled using locally sourced straw and will generate enough electricity to meet the needs of approximately 82,000 homes. It will also result in an annual CO2 emissions reduction of approximately 300,000 tonnes.
Osborne Clarke has advised the shareholders of First Water on its acquisition by Scapa Group for consideration of up to £15.3m payable depending on performance in 2016, 2017 and 2018.
First Water specialises in manufacturing advanced wound dressings and skin adhesives. Scapa Group manufactures bonding materials, adhesive tapes and foils for industrial and domestic uses.
The Osborne Clarke team that advised on the acquisition was led by Partner David Ferris, who was assisted by Senior Associate James Davies.
Dentons has advised L1 Energy, the market leading global oil and gas investment fund of the LetterOne Group advised by Pamplona Capital Management, in relation to the completion and shareholder funding of its acquisition of RWE Dea AG, the oil and gas unit of RWE AG, Germany’s largest power generator, for debt and equity consideration of US$5.7 billion.
Hogan Lovells has advised Ovivo Inc. on the sale of its United Kingdom municipal division to Jacopa Limited, a company owned by some members of the local management team. The transaction completed on 27 February 2015.