Ashurst advised oil and gas exploration and production company Serica Energy plc on its acquisition of BP's interests in the Bruce, Keith and Rhum fields in the North Sea and associated infrastructure. The board of Serica believes that the acquisition will be transformation for the Company, positioning it as one of the leading mid-tier independent oil and gas producers on the UK Continental Shelf.

Pinsent Masons has advised Wuppertaler Stadtwerke (WSW) on the introduction of its first Blockchain-based trading center for green electricity.

First project of its type and size in Egypt

Clifford Chance advised the sponsors (being ENGIE, Toyota Tsusho Corporation/Eurus Energy Holdings Corporation and Orascom Construction Limited), in connection with the development and financing of the 250MW Gulf of Suez Wind Farm Project. The consortium signed the power purchase agreement with the EETC (Egyptian Electricity Transmission Company) in the presence of the Prime Minister of Egypt and other government officials.

Skadden is advising Kenon Holdings on its sale of IC Power’s Latin American and Caribbean businesses to I Squared Capital, an infrastructure private equity firm, for $1.2 billion cash and assignment of $450 million of debt.

Paul Hastings LLP, a leading global law firm, announced today that it represented Companhia Energética de Minas Gerais – CEMIG in connection with an inaugural international bond offering by its subsidiary CEMIG Geração e Transmissão S.A.

Global law firm Norton Rose Fulbright has advised Wind Energy Holdings (WEH), one of the largest wind power operators in Southeast Asia, as sponsor on the development and construction of 5x90MW wind farm projects in the Nakhon Ratchasima province of Thailand and Siam Commercial Bank on the financing of those projects.

Norton Rose Fulbright assisted WEH on the negotiations of key project documents including the turbine supply agreements and other infrastructure contracts and also led for the lenders, Siam Commercial Bank, on the project financing of those projects.

Global law firm Norton Rose Fulbright has advised Wind Energy Holdings (WEH), one of the largest wind power operators in Southeast Asia, as sponsor on the development and construction of 5x90MW wind farm projects in the Nakhon Ratchasima province of Thailand and Siam Commercial Bank on the financing of those projects.

Norton Rose Fulbright assisted WEH on the negotiations of key project documents including the turbine supply agreements and other infrastructure contracts and also led for the lenders, Siam Commercial Bank, on the project financing of those projects.

Law firm Shakespeare Martineau has assisted energy company npower with its aim to alleviate the ‘heat or eat’ dilemma, which is faced by many people across the UK each winter.

Following research conducted by the energy company into the scale of fuel poverty across the South East of England, Shakespeare Martineau advised npower on all aspects of setting up an independent charity to provide emergency support to those experiencing a fuel crisis.

Slaughter and May advised Sasol Limited, the South African chemicals and energy company, on the refinancing of its existing US$1.5 billion revolving credit facility and various bilateral credit facilities.  Sasol launched the transaction with a targeted facility size of US$3.0 billion, which was subsequently increased to US$3.9 billion, reflecting notable oversubscription by the bank group.  The new revolving credit facility has an initial maturity of five years, subject to two extension options of one year each. 

King & Wood Mallesons (KWM) acted for Melbourne-based clean energy company, Pacific Hydro on its novel renewable energy sale to a consortium of 14 local governments, cultural institutions, universities and corporations. 

Under the deal, the Melbourne Renewable Energy Project (MREP) consortium will purchase renewable energy as part of a long-term power purchase agreement - which will enable Pacific Hydro to progress financing and construction arrangements for the 80 MW Crowlands wind farm in Victoria.