A team led by Dr. Thorsten Kuthe, a lawyer specializing in Capital Markets and Partner at the Cologne office, advised publicly listed 7C Solarparken AG on a capital increase from EUR 44,821,419 to EUR 46,791,825. The proceeds of the issue are to be used to accelerate the company's growth and to implement strategic measures.
Allen & Overy LLP is advising Total on its acquisition from Engie of its portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of USD1.5 billion. Additional payments of up to USD550 million could be payable by Total in case of an improvement in the oil markets in the coming years.
Total will become the second largest global LNG player as a result of the transaction.
Herbert Smith Freehills has advised Goldwind Australia on various aspects of the 150MW Cattle Hill Wind Farm in Tasmania including environment and planning, grid connection, procurement and the renewable energy certificate contract with Aurora Energy.
The Cattle Hill Wind Farm continues to build on Tasmania’s strong renewables development history. The State has significant renewable energy resources and has led the way in Australia in hydro and wind power greenfield developments.
Watson Farley & Williams (“WFW”) has advised Lightsource Renewable Energy (“Lightsource”) on its agreement to enter into a partnership platform with UK Climate Investments to fund the development, acquisition and ownership of large scale solar power generation assets in India.
L1 has a track record of investing in renewable energy including providing debt financing to onshore wind farms, energy from waste plants and energy efficient street lighting.
The banking, real estate, construction and energy teams from Burges Salmon have advised L1 Renewables Limited (L1) in relation to a £12 million refinance of the facility granted to the owners of the 12 turbine Allt Dearg wind farm near Lochgilphead, Scotland.
Leading international law firm Clifford Chance has advised Royal Dutch Shell plc (Shell) on the sale of 111.8 million shares in Australian Oil and Gas company Woodside. At approximately AU$3.5 billion, the sale represents 100% of Shell's interest in Woodside and 13.28% of the issued capital in Woodside. Rothschild was financial advisor to Shell and UBS and Morgan Stanley were appointed as sale banks.
Herbert Smith Freehills has advised Beijing Jingneng Clean Energy (Australia) Holding Pty Ltd (BJCE Australia) on its acquisition of a 31-turbine wind farm located near Biala, a town approximately 14.5 km to the south west of Crookwell within the Southern Tablelands region of New South Wales.
The launch of Singapore’s First Utility-Scale Energy Storage System test bed was recently announced at the opening of the Singapore International Energy Week on 23 October 2017.
Global law firm White & Case LLP has advised Nexif Energy on the AUD $190 million project financing and offtake arrangements for the 126 MW stage one of the Lincoln Gap Wind Farm, located near Port Augusta, South Australia.
Stage one includes a utility scale 10 MW battery storage to help improve the reliability of the electricity grid. Offtake arrangements have also been entered into with ERM and Snowy Hydro.
Herbert Smith Freehills has advised Nexif Energy on the development of the $300 million first stage of the Lincoln Gap wind farm in South Australia. Nexif Energy was established by Nexif, a Singapore-based independent power management company, and Denham Capital, a leading global energy-focused private equity firm.