Watson Farley & Williams (“WFW”) has advised Burbo Extension Ltd (“BBE”), a joint venture between Ørsted A/S (formerly known as DONG Energy), Danish pension provider PKA and KIRKBI A/S, parent company of the LEGO Group, on the sale of transmission assets valued at approximately £193m to Diamond Transmission Partners BBE Ltd (“DTP”), owned by a consortium comprising Mitsubishi Corporation and HICL Infrastructure Company Ltd. The divestment took place pursuant to the Offshore Transmission Owner (“OFTO”) regime.

International legal practice Osborne Clarke advised Green Frog Power on the £100M development and project financing of its existing 231MW and additional 180MW of flexible gas-fired power generating capacity in the UK.

The financing was provided by an initial club of banks comprising Lloyds, HSBC and NIBC and will allow for further additional capacity of up to 110MW.

International law firm Ashurst advised OMV, the international integrated oil and gas company based in Vienna, on its US$1.5bn acquisition of a 20 per cent participating interest in the two concessions for the offshore oil fields Umm Lulu and Sateh Al Razboot (SARB) (with the satellite fields Bin Nasher and Al Bateel) and associated infrastructure in Abu Dhabi, United Arab Emirates.

Dentons acted as legal counsel to DTEK Renewables B.V. on the implementation of a project for the construction of a solar power plant (SES) with an established capacity of 200 MW in Nikopol district (Dnipropetrovsk region). After its construction, the Nikopol SES will be the most powerful solar power station in Ukraine and will become one of the largest in Europe. The project cost is estimated at €230 million.

Eversheds Sutherland has advised Datang International Power Generation Co., Ltd (Datang Power) on its non-public issuance of A-Shares to its controlling shareholder, China Datang Corporation Limited (CDC), and its non-public issuance of H-Shares to a wholly-owned subsidiary of CDC, for an aggregate consideration of approximately RMB13 billion (approximately US$2.1 billion).

This is the first completed non-public issuance of A-Shares and H-Shares involving a whitewash waiver in Hong Kong.

Shearman & Sterling advised Golar LNG Limited in connection with its entry into a Preliminary Agreement, and exchange of a Heads of Terms ("HoT") for a Charter Agreement, with BP Mauritania Investments Limited and BP Senegal Investments Limited, (together "BP") in their capacity as block operators.

A King & Wood Mallesons (KWM) team led by Rebecca Finkelstein and Yuen-Yee Cho advised Infigen Energy on its recent $605 million financing transaction and the unwinding of its existing global corporate finance and Woodlawn project finance arrangements. 

This transaction complements the corporate and capital markets work that KWM has been undertaking with Infigen Energy over a number of years, led by Shannon Finch and David Friedlander.
 

Hamburg – Municipal utility company Stadtwerke Bielefeld GmbH (SWB) has taken another successful step in its programme of investment in renewable energy by acquiring a wind farm in the town of Schlüchtern, in the federal state of Hesse. The wind farm was built and sold by developer wpd onshore GmbH & Co KG, working in association with Renertec GmbH. Operational responsibility for the wind farm will continue to be handled by wpd. The purchase price of the facility was not disclosed.

Cleary Gottlieb is advising Total, a global integrated energy producer and provider, and a leading international oil and gas company, in connection with the acquisition of Direct Énergie, France’s leading alternative energy player.

Milbank, Tweed, Hadley & McCloy LLP has advised  CELSE – Centrais Elétricas de Sergipe on the financing for the Porto de Sergipe I Thermoelectric Complex. The Project, located in Barra dos Coqueiros in the State of Sergipe, is the largest cross-border energy related transaction in Brazil in recent years and the largest LNG-to-Power deal completed to date in Latin America.