Herbert Smith Freehills has advised the Australian JV between ENGIE and Mitsui, International Power (Australia) Holdings on the development of the A$250 million Willogoleche Wind Farm located on Willogoleche Hill, approximately 160 kilometres north of Adelaide, South Australia.

The site will comprise 32 wind turbines and will have a total generating capacity of approximately 119 megawatts when constructed.

Slaughter and May has advised Premier Oil plc on the successful restructuring of its $3.8 billion of debt facilities.

Premier Oil is one of the UK’s largest independent oil and gas exploration and production companies, with significant interests in the North Sea, as well as holding production assets in Indonesia, Vietnam and Pakistan, and exploration assets in the Falklands and South America.

Slaughter and May is advising Kosmos Energy on its proposed secondary listing on the standard segment of the London Stock Exchange. Kosmos is a leading independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin which has been listed on the New York Stock Exchange since its IPO in 2011.

Kosmos is pursuing a listing on the London Stock Exchange to broaden its international investor base. The listing is expected to become effective in the third quarter of 2017.

Contacts

Slaughter and May advised the Infinis group of companies, owned by funds managed by Terra Firma, in connection with the disposal of its entire operational and in-development onshore wind generation and landfill gas generation businesses in three separate transactions, as part of the exit of Terra Firma from the group.

The landfill gas generation business was sold on 8 December 2016 to a subsidiary of 3i Infrastructure plc (‘3i’). Under the terms of the agreement, 3i paid Infinis £185 million.

International law firm Watson Farley & Williams (“WFW”) has advised EWE ERNEUERBARE ENERGIEN GmbH (“EWE EE”) on all the legal and tax aspects of its acquisition of TurboWind Energie GmbH (“TurboWind Energie”), a wind farm developer based in Hannover, northern Germany. This acquisition represents an important step forward in EWE’s strategic growth plans in the renewable energy sector.

Ashurst is advising JX Nippon Oil and Gas Exploration Corporation subsidiary, JX Nippon Exploration and Production (U.K.) Limited, on the sale of its 17.07% interest in UK Licence P111 Block 30/3a (upper), comprising a part of the Blane oil field (“Blane Field”) in the North Sea, to Faroe Petroleum (U.K.) Limited ("Faroe").

Houthoff Buruma advised DeepOcean in the acquisition of the Searov Offshore SAS. Searov, established in 2008, is an agile and cost effective Remote Operated Vehicles (ROVs) service provider with a strong focus on West Africa. The company owns and operates ROVs from its operating bases in Pointe Noire, Congo and Port Gentil, Gabon.
Houthoff Buruma team included: Bram Caudri , Jessica den Dekker , Annemiek Wassink

On 17 July 2017, China National Petroleum Corporation (CNPC) successfully completed its first issuance of RMB10 billion exchangeable bonds to domestic public investors. It is currently the largest issuance of exchangeable bonds in China's securities market, with an issuance of RMB7 billion offline and an issuance of RMB3 billion online. The coupon rate of the bonds was set at 1.00% of the lower end of price inquiry range. These all set records in the market.

Ashurst represents Sharp Corporation ("Sharp"), who, along with SoftBank Group Corp. ("SBG"), the Public Investment Fund of the Kingdom of Saudi Arabia, Mubadala Investment Company of the United Arab Emirates, Apple Inc., Foxconn Technology Group and Qualcomm Incorporated, committed an aggregate total of US$93 billion on the initial closing of the Softbank Vision Fund.

Clifford Chance has advised GE on the merger control aspects of its €3.2 billion sale of GE Water and Process Technologies to Suez S.A. Yesterday, the European Commission approved the sale unconditionally, which will permit the transaction to close.