International law firm Freshfields Bruckhaus Deringer has advised Hong Kong listed company Yingde Gases Group Company on its issuance of US$300 million 8.125% unsecured senior notes due 2018. The notes, issued through its wholly-owned subsidiary, have received ratings from various credit rating agencies and are listed on the Hong Kong Stock Exchange. Yingde Gases Group Company engages in the production and sales of industrial gases and was China's largest independent on-site industrial gas supplier in terms of revenue in 2012.

Slaughter and May advised Maersk FPSOs on a sale of the Maersk Curlew, a floating, production, storage and offloading vessel, located in the Central North Sea, to Shell.

The transaction completed on 19 April 2013. It follows the successful sale by Maersk of the Maersk Peregrino vessel to Statoil and Sinochem in 2012, a transaction on which Slaughter and May also advised.

Contacts

Watson, Farley & Williams and Norton Rose acted for 6 Solar Energy Italy Srl, a subsidiary of TEP (Solar Holding) Ltd, a company controlled by the Irish fund Trading Emission PLC, in the financing of the acquisition of a photovoltaic capacity 9,180 MW located in Sicily.

The team of Watson, Farley & Williams was coordinated by Cristina Martorana. The lending bank was advised by Orrick.

Speechly Bircham has advised Peppercoast Petroleum Plc on the sale of its 100% interest in the Production Sharing Contract (PSC) relating to Block LB-13 offshore Liberia to a subsidiary of Canadian Overseas Petroleum (COPL) for a sum of US$83.5 million The transaction completed on 5 April 2013, following the ratification of an amended and restated PSC by the Liberian Legislature. Contracts were originally exchanged in 2011 and the last 2 years have seen significant efforts from all parties to reach completion.

Watson, Farley & Williams (WFW) is pleased to announce that it has advised Blue Energy on its acquisition of HgCapital’s 177MW wind portfolio, which includes the developer RidgeWind.

Blue Energy is a UK-based renewable energy infrastructure investor and developer. This deal marks its first acquisition, and will allow it to develop its portfolio and plan further significant UK onshore wind acquisitions in 2013.

Allen & Overy, in association with leading local law firm Zeyad S. Khoshaim, has advised Saudi Electricity Company (SEC), the Gulf's largest utility company, on its first sukuk offered to US and other international investors in accordance with Rule 144A under the US Securities Act of 1933.

The deal, worth USD2 billion, is the largest Rule 144A sukuk out of the Middle East to date and consists of a 10 year series and an unprecedented 30 year series.

Lawrence Graham has advised Vanoil Energy Limited, an oil and gas company listed on the TSX Venture Exchange with a portfolio of assets in East Africa, on two recommended takeovers, both of which have been announced within the last month.

Wragge & Co's energy and public law and regulation specialists have combined to help longstanding client Infinis secure an important Court of Appeal decision in its favour.

The team advised Infinis on its successful judicial review of a decision by Ofgem not to accredit two generating stations under the Renewables Obligation Order. Having been successful in the High Court, the team subsequently advised Infinis on Ofgem's appeal, which was dismissed by the Court of Appeal.

Clifford Chance recently acted on the issue of bonds for SAGESS. In view of the financing of operations scheduled for 2013 to meet the obligations of of the national obligation of strategic stocks SAGESS (Societe Anonyme Management Stocks Security) bonds were issued on 6th March at a rate of 2.625 percent for a total of 600 million euros maturing in 2025. This maturity is part of a plan for active management of the maturity of the debt for SAGESS.

Clifford Chance advised the issuer with Cédric Burford (partner), Ludovic Timbal Duclaux Martin and Andrew McCann.

EDF Energy, advised by Herbert Smith Freehills, has successfully secured development consent to construct and operate its proposed new nuclear power station in Somerset, Hinkley Point C.

EDF Energy's multi-billion pound project is for a new nuclear power station with two nuclear reactors capable of generating up to 3,260MW of electricity at Hinkley Point C. It will be the first new nuclear power station to be constructed in the UK since 1995.