Weil represented MOL, an integrated, international oil and gas company, and one of the largest corporates headquartered in Budapest, Hungary, in the acquisition of a majority interest in the OT INDUSTRIES Group, a key market participant of the Central and Eastern European oil and gas industry with its main profile in EPC (Engineering, Procurement, Construction) project implementation. The transaction also involved a joint venture arrangement between MOL and the minority shareholder. The transaction closed on January 31, 2017.

Jones Day advised Total in the $3.2 billion sale of specialty chemical affiliate Atotech B.V., a global manufacturer of high technology plating solutions, to The Carlyle Group.

In addition to M&A representation, Jones Day provided antitrust, tax, labor, employee benefits, financing, real estate, and regulatory advice regarding this transaction.

For additional information about this matter, please contact: Audrey A. Bontemps, Sophie Hagège
Client(s): Total S.A.

Watson Farley & Williams (“WFW”) has advised Diversified Gas & Oil PLC (“DGO”) on its admission to trading on AIM and related placing to raise US$50m. This represents the largest oil and gas flotation in London since oil prices started to fall in mid-2014.

This listing takes DGO’s market capitalisation to US$86.4m (£69.17m), with shares in the company being priced at 65p. DGO opted to list in London and raise capital on AIM to expand because the US has no comparable junior market with a focus on growth companies.

Osborne Clarke has advised leading independent infrastructure and private equity investment manager Foresight on its acquisition of the largest solar park in the UK. Called Shotwick and based in North Wales, the 220-acre site operates at a 72MW peak capacity and a 50MW AC export capacity.

Linklaters has advised Danish based DONG Energy on its acquisition of a 35 per cent interest in the Taiwanese offshore wind project Formosa I from local developer Swancor Renewable.

Dusseldorf/Cologne – Dutch energy company Eneco acquires a 50 per cent interest in German energy and IT firm LichtBlick. Eneco was leg ally advised by Luther Rechtsanwaltsgesellschaft during the entire transaction process.

White & Case LLP has advised Harbour Energy Limited (Harbour Energy), the energy investment vehicle managed by EIG Global Energy Partners (EIG), on its agreement to lead the US$3 billion acquisition by Chrysaor Holdings Limited (Chrysaor) of a diversified portfolio of oil and natural gas assets in the North Sea from Shell UK and its affiliates.

Herbert Smith Freehills has advised Neoen Australia on the construction, operation and financing, and the Clean Energy Finance Corporation (CEFC) on the project financing, of three solar farms in New South Wales, with a total project cost in excess of A$230 million.

The three projects are the first with debt financing to reach financial close under the CEFC’s A$250 million large-scale solar program and the Australian Renewable Energy Agency’s (ARENA) A$92 million large-scale solar round.

The projects are:

Last week the ABN Braun AG creditors meeting approved the acquisition of all its assets by Schneider Electric. Baker McKenzie advised Schneider Electric on this transaction.

The result of this merger between ABN and Schneider Electric will combine their expertise and resources, allowing them to offer client specific energy distribution systems from one company. In future Schneider Electric will be an all-round provider for electrical installations in Germany, adding network and energy efficient solutions for buildings to it's services.

SINGAPORE, February 1, 2017 – Milbank, Tweed, Hadley & McCloy LLP has advised Indonesian power provider PT. Tanjung Power Indonesia (TPI) in securing approximately US$560 million in debt and equity financing for the construction of a 2 x 100-megawatt coal-fired power station in South Kalimantan, the southernmost province on the island of Borneo. TPI is a joint venture between Indonesia’s PT Adaro Power and PT EWP Indonesia, a subsidiary of Korea East-West Power Co.