Munich, 11 July 2017 – The international commercial law firm BEITEN BURKHARDT advised Hellenstein SolarWind GmbH, a subsidiary of Stadtwerke Heidenheim AG enterprise group, on the acquisition of a wind farm in Ahorn-Buch. The parties have agreed not to disclose the transaction volume.
Herbert Smith Freehills Paris has advised Alkion Terminals France SAS, a subsidiary of Infravia Capital Partners, on its acquisition of French, Portuguese and Spanish bulk liquid storage facilities from LBC Belgium NV.
DONG Energy and Siemens have signed an agreement with Belgian GeoSea stating that GeoSea will acquire the full ownership of A2SEA. A2SEA will continue to operate out of Denmark with offshore wind turbine service and installation.
Shearman & Sterling advised REETEC GmbH (REETEC), a subsidiary of EDF Energies Nouvelles (EDF), on its acquisition of Offshore Wind Solutions GmbH (OWS), a German company specializing in offshore wind Operations and Maintenance (O&M).
On 12 June 2017 Akershus Energi AS signed an agreement with Infranode for the sale of 1/3 of the shares in Akershus Energi Varme AS.
Akershus Energi Varme AS has operations in Skedsmo, Lørenskog, Nes and Sørum, and has a production of approximately 160 GWh annually and represents a significant increase in the business.
[Cologne/Frankfurt am Main, 2017-07-07] Shortly after the project financing for the second phase of the Trianel Windpark Borkum II offshore wind farm was successfully put in place, TRIANEL refinanced its Phase 1 facility from the year 2010. Completion of Phase 1 means that 40 wind turbines with a total output capacity of approximately 800 gigawatt hours per year have been feeding electricity into the grid since 1 February 2015. This capacity represents enough electricity to supply approximately 200,000 households with electricity.
Ashurst is advising Cape plc, the premium-listed international provider of critical industrial services principally to the energy and natural resources sectors, on its recommended £332 million takeover by a wholly-owned subsidiary of Altrad Investment Authority SAS, a private French company founded by Mohed Altrad and which is one of the leading global provider of industrial services, scaffolding solutions and light construction equipment in the civil and industrial sectors.
Castleton Commodities International LLC (CCI), a global commodities merchant, closed two credit facilities totaling USD 3.6 billion. The facilities include a committed senior secured working capital facility and a committed unsecured revolving credit facility. The senior secured facility is comprised of a USD 1.25 billion 3-year tranche and a USD 2.0 billion 364-day tranche. The unsecured facility is comprised of a single USD 350 million 364-day tranche.
Global law firm Norton Rose Fulbright has advised Renvico Italy Srl (Renvico) and Macquarie European Infrastructure Fund 4 (MEIF 4) on the acquisition and refinancing of the 29.7 MW Matera II windfarm from Italian renewable energy company Asja Ambiente SpA.
The transaction comprised the acquisition by Renvico of the entire share capital of Meltemi Energia Srl, an SPV, and the simultaneous limited recourse refinancing provided by Société Générale and UBI Banca to the project company.
Global law firm Norton Rose Fulbright has advised Renvico Italy Srl (Renvico) and Macquarie European Infrastructure Fund 4 (MEIF 4) on the acquisition and refinancing of the 29.7 MW Matera II windfarm from Italian renewable energy company Asja Ambiente SpA.
The transaction comprised the acquisition by Renvico of the entire share capital of Meltemi Energia Srl, an SPV, and the simultaneous limited recourse refinancing provided by Société Générale and UBI Banca to the project company.