Stuttgart – Belgian group Cofinimmo is continuing its expansion strategy in Germany by adding two care home properties to its healthcare portfolio in the country via deals worth EUR 26.5 million.
We advised Greencoat Renewables (Greencoat) on its acquisition of the 36MW Drommada More wind farm from Impax Asset Management for €88.4 million. The farm, which is expected to be formally commissioned in March 2018, will benefit from a full 15 years of REFIT-2 revenues, guaranteeing a minimum floor price for the electricity produced by the asset.
Burges Salmon has advised Welsh Water Infrastructure, part of the Glas Cymru group, on the acquisition of a food waste anaerobic digestion and composting plant in Cardiff.
The Burges Salmon team was led by corporate partner Jonathan Eves and associate Gregory Nash. Energy sector partner Nick Churchward and senior associate Sam Sandilands led the project due diligence exercise, providing advice across a range of areas including energy, PPP, real estate, planning and construction.
The Dublin office of International legal business DWF has advised US digital media company Irish Studio on the acquisition of six consumer magazines from Norah Casey's publishing house Harmonia.
The Dublin office of international legal business DWF has advised US digital media company Irish Studio on the acquisition of six consumer magazines from Norah Casey's publishing house Harmonia. These titles include Irish Tatler, Irish Tatler Man, U Magazine, FOOD & WINE Magazine, Auto Ireland and Ireland of the Welcomes.
Ardian, an investment and management company, entered into an agreement regarding the sale of a portfolio of assets amounting to more than one billion Euros, as a result of an auction process won by APG.
Dechert LLP advised DER Touristik Hotels & Investment GmbH, a subsidiary of DER Touristik Group, on the takeover of three hotels in Austria and an agreement for a long-term cooperation.
Watson Farley & Williams (“WFW“) advised Blue Elephant Energy AG (“BEE”) on its acquisition of a 20 MW wind farm in Italy. The seller is a company in the European Energy Group, the buyer BEEGO IPP GmbH, an affiliate of BEE. The wind farm, located in the province of Potenza in the Basilicata region of southern Italy, comprises ten Vestas V110-2MW type wind turbines with a total capacity of 20 MW and has been operational since early 2017.
Jones Day acted for iQ Student Accommodation in relation to its acquisition of the UK focused Pure Student Living student housing property portfolio and business from LetterOne Treasury.
Norton Rose Fulbright has advised Tages Capital SGR, on the acquisition of 35 photovoltaic plants from Maccaferri Group and other shareholders. The acquisition comprised the entire corporate capital of Finsolar S.r.l., Sicilia Solare S.r.l., FTV Apea S.r.l., Pietrafitta FV S.r.l. and Società Agricola Sintonage a r.l. (the “SPVs”).
The SPVs own a portfolio of 25 ground-mounted photovoltaic plants and ten photovoltaic greenhouses with an overall capacity of 51.2 MWp, which is one of the largest in Italy.
Clifford Chance has advised Frasers Property Investments Europe on the acquisition of a logistics facilities package for EUR 257 million. The package comprises six Hermes logistics centres with rental space totalling around 75,500 square metres on a site of about 426,500 square metres. It was sold by German real estate investor ECE Projektmanagement GmbH & Co. KG.