Simmons & Simmons Advises European Energy A/S on Acquisition of a Wind Park
International law firm Simmons & Simmons has advised European Energy A/S on the acquisition of 14 wind farm wind power plants of the Windpark Wernikow from the previous owner.
Singapore: Leading international law firm Clifford Chance has been appointed by Vung Ro Petroleum Limited to advise on the structuring and legal aspects of the development of the 169,000 bpd Vung Ro Refinery Project in Vietnam's Phu Yen province.
Global law firm Eversheds has advised energy company RWE Npower Renewables on the Brechfa Forest West Wind Farm, the first project of this kind to receive consent from the UK Government as a Nationally Significant Infrastructure Project (NSIP).
Linklaters has acted as international counsel to Aggreko in a pioneering scheme involving the expansion of its Mozambican gas-fired power station at Ressano Garcia.
Herbert Smith Freehills has advised Energy Development Corporation (EDC), affiliate of First Gen Corp, on conditional contracts for the construction of the 87 MW Burgos Wind Farm in Ilocos Norte, Philippines – the largest wind farm in the Philippines that will generate electricity for more than a million households.
Ashurst advised Iona Energy on a senior secured borrowing base facility ("BBF") for up to US$250 million with a group of three banks led by Bank of America Merrill Lynch, Lloyds TSB Bank plc, and BNP Paribas. The BBF was entered into in connection with Iona Energy's acquisition from Carrizo Oil & Gas Inc of an interest in the Huntington Oil Field.
The Ashurst team was led by energy finance partner Huw Thomas, assisted by senior associate Nick Ross-McCall and associate Grant Batten.
Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it has advised Golar LNG Group on a US$155 million term facility and a US$20 million revolving facility for the financing of Indonesia’s first floating storage and regasification unit (FSRU), “Nusantara Regas Satu” (formerly known as the “Khannur”).
This is also the first floating regasification facility in South East Asia.
International law firm, Berwin Leighton Paisner (BLP), has acted for NASDAQ listed Carrizo Oil & Gas, Inc. (Carrizo) on the US$184m sale of its interest in the North Sea Huntington Field to TSX listed Iona Energy Inc. (Iona).
Carrizo is a Houston-based energy company engaged in the exploration, development and production of oil and natural gas in the US and the UK.
CMS is advising Ithaca Energy on its acquisition of Valiant Petroleum in a deal that will enable the North-sea focused oil and gas operator to double its production forecast for the year.
Linklaters has advised leading Spanish energy company Repsol on the US$6.653bn sale to Royal Dutch Shell of its liquefied natural gas (LNG) assets, which includes the minority stakes in Atlantic LNG (Trinidad & Tobago) Peru LNG and Bahia de Bizkaia Electricidad (Spain), as well as the LNG sale contracts and time charters with their associated loans and debt.
As a result of this transaction, which has generated $3.5bn pre-tax capital gain for Repsol, the company surpasses the divestment commitments outlined in its 2012-2016 strategic plan.