The transaction involved:

    the set-up of a joint venture - Red Wind - between the Dutch wind turbine manufacturer Lagerwey and NovaWind to supply 388 wind turbines to Rosatom's subsidiary VetroSGC by 2022
    the conclusion of a Wind turbine technology licensing agreement, under which Lagerwey  provides technology and expertise in 2.5MW and 4.5MW turbines for the joint venture
    the conclusion of a components supply agreement, for the supply by Lagerwey of the first 60 wind turbines

The transaction involved:

    the set-up of a joint venture - Red Wind - between the Dutch wind turbine manufacturer Lagerwey and NovaWind to supply 388 wind turbines to Rosatom's subsidiary VetroSGC by 2022
    the conclusion of a Wind turbine technology licensing agreement, under which Lagerwey  provides technology and expertise in 2.5MW and 4.5MW turbines for the joint venture
    the conclusion of a components supply agreement, for the supply by Lagerwey of the first 60 wind turbines

Baker McKenzie's Prague and Warsaw offices advised PKN Orlen, the largest Polish petrol retailer and oil refiner, in relation to its bid to acquire the remaining shares of Unipetrol a.s., the Czech Republic’s largest petrochemical and refining group.

The Baker McKenzie team advising Orlen was led by Prague-based partners Alexandr Cesar and Libor Basl, as well as by Tomasz Krzyzowski and Krzysztof Haladyj, partners from the Warsaw office.

Hamburg – The Swiss utility ewz, the public utility company of the City of Zurich, is further expanding its renewable energy portfolio by acquiring the two onshore wind farm projects "Autremencourt" and "Vihiersois" from Hamburg-based Nordex SE.

Reed Smith has advised ENGIE AXIMA, a subsidiary of French multinational energy group ENGIE, on its acquisition of Hamburg-headquartered Noske-Kaeser Group (Noske-Kaeser) out of insolvency proceedings through a combined share and asset deal. The acquisition was subject to antitrust clearance by the German Federal Cartel Office.

We advised Greencoat Renewables (Greencoat) on its acquisition of the 36MW Drommada More wind farm from Impax Asset Management for €88.4 million.  The farm, which is expected to be formally commissioned in March 2018, will benefit from a full 15 years of REFIT-2 revenues, guaranteeing a minimum floor price for the electricity produced by the asset.

Eversheds Sutherland advises Shell on strategic acquisition in UK domestic gas and electricity market

Eversheds Sutherland has advised The Shell Petroleum Company Limited (Shell) on its agreement to acquire First Utility, a leading independent UK household energy and broadband provider. The deal is subject to regulatory and other approvals and is expected to complete in early 2018.

Milbank, Tweed, Hadley & McCloy LLP advised Abotiz Power, Ayala Corporation’s AC Energy Holdings Co. and Power Partners as sponsors in connection with GNPower Dinginin Ltd. Co.’s US$1.7 billion supercritical coal-fired power plant project in Bataan Province in the Philippines. Milbank represented the project in the first 668 MW unit closing in September 2016, and the project will now be expanded to include a second 668 MW unit.

Allen & Overy has advised Pengerang Terminals (Two) Sdn Bhd ("PT2SB") and its sponsors in connection with a USD1.25 billion senior financing facility with a syndicate of nine international banks. The project, which is a joint venture between Petroliam Nasional Berhad (PETRONAS), Royal Vopak Group, Dialog Group Berhad and the State Secretary, Johor (Incorporated) achieved financial close on 19 December 2017.

Watson Farley & Williams (“WFW“) advised Blue Elephant Energy AG (“BEE”) on its acquisition of a 20 MW wind farm in Italy. The seller is a company in the European Energy Group, the buyer BEEGO IPP GmbH, an affiliate of BEE. The wind farm, located in the province of Potenza in the Basilicata region of southern Italy, comprises ten Vestas V110-2MW type wind turbines with a total capacity of 20 MW and has been operational since early 2017.