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Energy & Utilities

Kirkland & Ellis Represents Carlyle International Energy Partners on Acquisition of EnerMech Group

16 Oct 2018

Kirkland & Ellis International LLP represented Carlyle International Energy Partners on its definitive agreement to acquire 100% of EnerMech Group, a leading global provider of full life cycle asset integrity management solutions for energy, industrial and infrastructure applications, from Lime Rock. Financial terms of the transaction were not disclosed, and the transaction is subject to relevant regulatory approvals.

Gide, counsel to Total on the establishment of a joint venture called STEP as part of its global partnership with Sonatrach in Algeria

16 Oct 2018

As part of the worldwide partnership between the two groups announced in 2017, Total has just signed with Sonatrach a shareholders' agreement for the establishment of STEP (Sonatrach Total Entreprise Polymères), a joint venture that will be in charge of leading the joint petrochemical project in Arzew, in the west of Algeria.

Ashurst advises Gran Tierra Energy Inc. on its London Stock Exchange debut

16 Oct 2018

Ashurst is advising Gran Tierra Energy Inc. in relation to its listing on the main market of the London Stock Exchange. Gran Tierra, which is domiciled in the US and headquartered in Canada, is an oil and gas company focused on exploration and production in Colombia. It is already listed on the NYSE American and on the Toronto Stock Exchange, and is listing on the London Stock Exchange in order to enhance liquidity for its shareholders, broaden its UK and European based research coverage, and provide more direct access to the London capital markets.

Osborne Clarke assists Edison S.p.A in launching its lending crowdfunding platform

16 Oct 2018

Osborne Clarke with a team led by partner Umberto Piattelli with associate Giulia Basile assisted Edison S.p.A. (a company forming part of the French EDF group) in relation to the launch of its lending crowdfunding platform, Edison Crowd, reserved to the promotion of projects connected with the management of energy.

In particular, the platform will support, among its other activities, the construction of a mini-hydroelectric power plant in the Municipality of Palestro, offering all the town population the opportunity to participate in the construction of the plant.

Arnold & Porter Advises Celestica in Acquisition of Impakt Holdings

15 Oct 2018

Arnold & Porter advised Celestica in connection with its agreement to acquire Impakt Holdings for $329 million. The Arnold & Porter team was led by Corporate and Finance partner Joel Greenberg and included counsel Sara Adler, associate Erin Iannotti, partner Laurie Abramowitz; associate Zeno Houston; partner Jeffrey London, counsel Brian Witkowski; counsel Kerry Dziubek, counsel Michael Sapienza; counsel Peter Danias; partner Axel Gutermuth, partner Ronald Henry; and associate Roxanne Mintz.

Diversified Gas & Oil Buys Core Appalachia for $183M

12 Oct 2018

Vinson & Elkins advised TCFII Core LLC in the sale of Core Appalachia Holding Co LLC to Diversified Gas & Oil PLC for total consideration of approximately $183 million.

Core Appalachia is a privately held, independent producer, gatherer and processor of natural gas.

The V&E team was led by partners Chris Rowley and John Grand with associates Alex Robertson and Doug Smith. Partner Rob Dixon and associate Jonathon Hamill in London also advised on the matter.

WFW advises Höegh LNG on new small-scale LNG joint venture with Golar and Stolt-Nielsen

09 Oct 2018

Watson Farley & Williams (“WFW”) advised long-standing client Höegh LNG Holdings Ltd. (“Höegh LNG”) on an investment forming part of a combined commitment of up to US$182m from Stolt-Nielsen Ltd. (“Stolt-Nielsen”), Golar LNG Ltd. (“Golar LNG”) and Höegh LNG in Avenir LNG Limited (“Avenir”) for the pursuit of opportunities in small-scale LNG.

Höegh LNG and Golar will each take an initial 25% stake in Avenir, which was formed in 2017 by Stolt-Neilsen, who will control the remaining 50%.