CHSH Cerha Hempel Spiegelfeld Hlawati Rechtsanwalte advised OMV in connection with the sale of all of its shares in the Turkish mineral oil distribution company OMV Petrol Ofisi AS (Petrol Ofisi) to Vitol Group. The total purchase price of the transaction amounts to EUR 1,368 mn.
Bird & Bird's Energy & Utilities team has advised its long-term client Goldbeck Solar Ltd on the sale of its 49.6 MW operational UK solar asset, Sandridge solar farm, to Foresight Solar Fund Limited (“FSFL”).
Sandridge is one of the largest solar farms in the UK, and the deal was FSFL’s second largest acquisition.
Goldbeck Solar acquired the project in 2015, connected the asset to the grid in March 2016 and secured a 1.3 ROC subsidy banding for the site.
Clifford Chance advised electricity supplier Elektrizitätswerk der Stadt Zürich (ewz) and Swiss investor Fontavis AG on the acquisition of a stake in Trianel Windkraftwerk Borkum II GmbH & Co. KG.
Clifford Chance advised white energy GmbH and AvG GmbH, founders and shareholders of bio-methane supplier bmp greengas GmbH, on the sale of regional energy provider Erdgas Südwest.
Erdgas Südwest is a joint subsidiary of EnBW Energie Baden-Württemberg AG and OEW Energie-Beteiligungs GmbH. The transaction is still subject to antitrust clearance. The parties have agreed not to disclose the purchase price.
Ashurst advised Banks Renewables Limited ("Banks"), the renewable energy division of property and energy business the Banks Group, in relation to the development and financing of a portfolio of three onshore wind farms that has achieved financial close.
Osborne Clarke has advised Mitie Group PLC on the disposal of the group’s UK social care division consisting of domiciliary care and homecare businesses, Enara Group Limited and Complete Care Holdings Limited to Apposite Capital LLP, the specialist healthcare investor, for a cash consideration of £2. The disposal forms part of Mitie’s previously announced strategy to withdraw from the domiciliary healthcare market.
King & Wood Mallesons (KWM) has continued its streak of renewables projects, advising APA Group on the development of its 130MW Badgingarra Wind Farm project (BWF) in Western Australia.
BWF will be located adjacent to APA’s 80MW Emu Downs Wind Farm and the recently announced 20MW Emu Downs Solar Farm project, creating a 230MW renewable energy precinct.
Stephenson Harwood LLP has advised energy and services provider ENGIE on the £330 million acquisition of regeneration business Keepmoat from TDR and Sun Capital.
Keepmoat is a UK provider of regeneration services specialising in the design, refurbishment and upgrade of buildings and places, helping to transform communities and strengthen local economies.
This transaction will enable ENGIE to offer a complementary range of services to local governments, cities and businesses across the UK and strengthen its existing network of local authority partnerships.
Baker McKenzie has advised Neoen, a leading French renewable energy company, on the financial close of the final stage of the Hornsdale Wind Farm in South Australia, one of the most competitive renewable energy projects in Australia.
Siemens will supply and erect 99 wind turbines alongside South Australian firms Catcon and CPP, with the local economy to benefit from a global investment of more than $870m for the 3 stages of the Hornsdale project.
Leading global law firm Herbert Smith Freehills has advised LLC Gazpromneft-Sakhalin on its international tender and contract for a semi-submersible drilling rig from Japan Drilling Company to be deployed at the Ayashsky block, located on the continental shelf of the Sea of Okhotsk.
The firm advised on the structuring of the transaction and all aspects of the drilling contract and associated charterparties for support drilling vessels.