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Asset Sale: Acquiror's Counsel

Gowling WLG's Energy team advises Innova Energy on its latest UK solar farm acquisitions

27 Mar 2018

The solar farm acquisitions, one at Turners Hill (1.2 MwP), Sussex, and the other in Drayton Mead (5.0 MwP), Buckinghamshire, completed in December 2017 and March 2018, respectively. This represents the latest acquisitions by Innova Energy in the sector, who have worked with the cross-sector Gowling WLG team, led by Gareth Baker, to continue to increase their portfolio of UK ground-mounted and rooftop solar assets.

WFW advises Navantia on delivery of Spanish Suezmax vessel “Monte Udala”

23 Mar 2018

Watson Farley & Williams (“WFW”) advised Navantia S.A., M.E. (“Navantia”) on the delivery of a Spanish built SUEZMAX vessel – the “Monte Udala” – to a shipowner that is part of the Ibaizábal Group. Suezmax is the largest ship measurement capable of transiting the Suez Canal, generally referring to tankers.

Eversheds Sutherland acts for Virtus Health on strategic purchase of IVF clinic from the NHS Trust.

22 Mar 2018

Eversheds Sutherland Ireland are delighted to build upon our long-standing relationship with the Australian listed IVF Group,  Virtus Health, on its conditional acquisition of the IVF unit operated by Complete Fertility Clinic at the University College Hospital, Southampton.  The Australian stock exchange filing is attached below.

DLA Piper advises Asahi Shuzo in acquisition of site for its first sake brewing facility outside of Japan

21 Mar 2018

DLA Piper represented Asahi Shuzo Co., Ltd. in the acquisition of the site for the company's first sake brewing facility outside of Japan. The 52,500 square ft. location is located adjacent to the Culinary Institute of America (CIA) in Hyde Park, New York. The brewery will also include retail space, and will be open for public tours upon expected completion in 2019. The Japan-based brewer is the maker of Dassai premium Junmai Daiginjo sake.

MinterEllison acts for Cashpoint in acquisition of payments and ATM business, Stargroup

20 Mar 2018

MinterEllison has acted for Cashpoint Payment Solutions Pty Ltd (Cashpoint) in the A$8.5million acquisition of the assets of ASX listed ATM business Stargroup Ltd (Stargroup, ASX:STL).

Cashpoint partnered with FC Capital, Stargroup's biggest creditor, to purchase the assets from receivers, KordaMentha, and roll assets into Cashpoint's existing ATM, Cash Management and Payments Technology business.

Stargroup provides end-to-end ATM deployment and electronic payment system services and solutions.

Ropes & Gray Advises Ensono on its $405 Million Acquisition of Data Center Business from Wipro

19 Mar 2018

Ropes & Gray has advised Ensono, a leading hybrid IT services provider based in the US and Europe, on its $405 million acquisition of the hosted data center services business from Wipro Limited, a leading global IT consulting company.

As a result of the deal, which was announced on March 14, 2018, Ensono – a portfolio company of Charlesbank Capital – has acquired eight data centres, employing over 900 people, significantly expanding its geographic footprint and global services capabilities.

Dentons assists Statoil with entry to the Polish offshore wind energy market

19 Mar 2018

Dentons acted for Statoil Group, a global oil, gas and energy company, in the acquisition of 50% of shares in two offshore projects from Polenergia.

The two offshore wind farm projects - Baltyk Srodkowy II and Baltyk Srodkowy III - have total planned capacity of 1200 MW. Located in the Baltic Sea, at distances of 27 km and 40 km respectively from the port of Leba, they constitute the largest and most advanced offshore wind energy projects in Poland.

CMS advises Deutsche Asset One on acquisition of development comprising 190 apartments in Regensburg

15 Mar 2018

Berlin – Berlin-based Deutsche Asset One GmbH, an asset and investment management service provider for residential property, has acquired a development comprising around 190 apartments, including underground parking, in Regensburg. The seller is a joint venture between Haupt Immobilien, a project developer headquartered in Munich, and Bucher Properties.