Sidley advised Kimmeridge Energy, a private equity asset manager focused purely on the energy sector, in connection with its disposal of Kimmeridge GmbH, its German exploration and production business, to the RDG platform, a joint venture of Petroleum Equity and RAG.

Sidley's London-based Private Equity team comprised partner Erik Dahl and associates Michelle Tong, Isabel Berger and Maud Graves. Support was also provided by Houston/New York partner Irving Rotter, co-head of Sidley’s Energy practice.

Merger creates a global leader in oil and gas projects that will enhance the performance of the world’s energy industry.

TechnipFMC (NYSE and Euronext: FTI) has announced that it is operating as a unified, combined company following completion of the merger of FMC Technologies and Technip. The merger creates a global leader in oil and gas projects, technologies, systems, and services that will enhance the performance of the world’s energy industry.

White & Case LLP has advised Saudi Arabian Oil Company (Saudi Aramco) on its Joint Venture Development Agreement with PT Pertamina (Persero) (Pertamina), Indonesia's state-owned oil and gas company, for the approximately US$5 billion upgrade of the Cilacap refinery in Indonesia.

The agreement was signed on December 22, 2016 between Saudi Aramco President and CEO Amin Nasser and Pertamina President-Director and CEO Dwi Soetjipto, detailing the framework for moving the project to the next phase of development. This followed the heads of agreement signed in November 2015.

Davis Polk advised Technip S.A. on the closing of its combination with FMC Technologies, Inc. The transaction to form TechnipFMC plc, the new U.K. combined entity, was implemented through a European cross-border merger and a U.S. reverse triangular merger. Technip shareholders received two shares of TechnipFMC for each share of Technip, and FMC Technologies shareholders received one share of TechnipFMC for each share of FMC Technologies.

Herbert Smith Freehills has advised AGL Energy Limited on the project delivery, planning and land aspects of the Silverton Wind Farm, including engineering, procurement and construction and operation and maintenance of the project.

The Silverton Wind Farm is to be located in the Barrier Ranges in western NSW and is the first greenfield project to be acquired by the Powering Australian Renewables Fund (PARF). PARF is a partnership between AGL, QIC and Future Fund for the development of approximately 1,000MW of large-scale renewable energy projects.

Herbert Smith Freehills has advised AGL Energy Limited on a new four year agreement to supply electricity to the Portland Smelter Joint Venture Participants’ (Alcoa) aluminium smelter in Portland, Victoria.

The agreement is for a volume of 510MW, which is approximately the equivalent of 10 per cent of Victoria’s total electricity load.

The new agreement was needed to help secure the future of the Portland Smelter and there was significant pressure on all parties to quickly reach a workable deal.

Watson Farley & Williams (“WFW”) has advised Celeo Concesiones e Inversiones, S.L.U. (“Celeo”), which is wholly owned by leading Spanish infrastructure and energy group Grupo Elecnor S.A. (“Elecnor”), on the €41.6m refinancing via the issuance of project bonds of eight Spanish photovoltaic plants (seven of them roof-mounted) with a total installed capacity of 15.3 MW. The bonds were issued by Celeo Fotovoltaico S.A.U. Banco Santander acted as structuring agent, arranger and sole bookrunner for the transaction.

MUNICH (10 January 2017) – Reed Smith comprehensively advised the Canadian company Rakuten Kobo Inc. on the acquisition of the tolino technology platform from Deutsche Telekom and the technology cooperation with the Tolino-Alliance. Terms of the acquisition were not disclosed. The transaction is subject to regulatory approval and is expected to close end of January 2017.

IJ Global named AP Renewables' $US225 million climate bond as the Asia Pacific Project Bond Deal of the Year at its annual IJ Global Awards 2016.  Gibson Dunn represented AP Renewables as issuer, in what was the first climate bond issued for a single project in an emerging market.  The bond was issued in connection with the refinancing of the Tiwi-Makban geothermal plant.  The Gibson Dunn team was led by Patricia Tan Openshaw who was assisted by Cristina Uy-Tioco and Juhae Chae.  The winners will be announced at a ceremony in Singapore on March 9, 2017.

The Freshfields team was led by partners Richard Perks and Arend von Riegen

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has helped Chinese home appliances manufacturer Midea Group Co., Ltd. (‘Midea’) to successfully complete its $5bn takeover offer for German robotics supplier KUKA AG (‘KUKA’).