ENR team advises AIM-listed Northern Petroleum on equity raising and disposal of part interests in assets.
European law firm Fieldfisher has advised Northern Petroleum plc, the AIM-listed exploration and production company, on its disposal of part interests in its assets and an equity raising.
Intershop has acquired the World Trade Center Lausanne as per 1 December 2016 for a purchase price of CHF105.5 million. The acquisition represents one of the largest real estate M&A transactions in Switzerland during 2016.
Walder Wyss has structured the transaction on behalf of the selling lender. The team was lead by Thomas Müller (Partner, Finance) and Johannes Bürgi (Partner, Real Estate) and included Samuel Dürr (Partner, Tax), Jan Ole Luuk (Counsel, VAT), and Julia Lehner (Associate, Real Estate/Finance).
Berwin Leighton Paisner (BLP) has advised Golden Square Energy (GSE) on the c. £93m sale of its FiT Wind Portfolio to the Pension Infrastructure Platform (PiP). The portfolio of 31 assets, with a total capacity of between 15-18MW, is one of the largest collections of feed in tariff (or FiT) backed wind assets in the UK.
International law firm Watson Farley & Williams (“WFW“) advised PNE WIND AG (“PNE“) on its sale of 80% of the shares in its 142 MW wind farm portfolio to a fund managed by Allianz Global Investors GmbH (“AllianzGI”). With a total enterprise value exceeding € 330m, the transaction is the largest wind farm sale in PNE’s history.
Ashurst is advising Astaldi S.p.A. on the sale of 36.7 per cent stake in M5, the operator of Milan's metro line 5, to Ferrovie dello Stato, the Italian state-controlled railway company. Astaldi will retain a 2 per cent stake.
The Ashurst team was led by Milan-based partner Franco Vigliano, assisted by senior associate Annamaria Pinzuti, counsel Elena Giuffre and Fabio Balza (tax), together with associates Federica Periale, Andrea Semmola, Pamela Infantino and Edoardo Bononi.
A team led by Dr. Mathias Schröder, Partner at the law firm of Heuking Kühn Lüer Wojtek in Munich, advised insolvency administrator Dr. Hubert Ampferl as the insolvency administrator of Neuburg-based Hematris Wound Care GmbH on the sale of key assets to U.K.-based Arden Hemacare Limited. The assets were purchased from insolvency as part of an asset deal.
Counsel to insolvency administrator Dr. Hubert Ampferl
Heuking Kühn Lüer Wojtek:
Dr. Mathias Schröder, LL.M. (Lead),
Fabian Becker, LL.M. (both Corporate / M&A),
We advised Gaelectric Holdings plc on the sale of 230MW of wind farm assets to the renewable energy investment arm of the China General Nuclear Power Group (“CGNP”). The assets include 14 operational and in-development wind farms and are believed to have an enterprise value in excess of €400m.
The sale follows a year-long sales process and will see Gaelectric continue to manage the wind farms on behalf of CGNP and provide power take-off services to the group.
We advised a fund managed by PATRIZIA Immobilien AG in the sale of a residential portfolio to SATO. The portfolio consists of three properties with a total of 113 apartments. Two of the assets are located in the Helsinki Metropolitan Area and one in Tampere.
Houthoff Buruma advised CBRE Global Investors (NL) B.V. regarding the acquisition by DRES Master Fund / REI Netherlands of the Project Boompjes 55-58 in Rotterdam, a new real estate development of 344 residential units, parking spaces and commercial space. The seller is First Sponsor (a real estate developer / investor from Singapore) together with Provast (a Dutch real estate developer).
Houthoff Buruma team included: Jan Cees Kuiken , Paul Asselbergs , André de Neve , Job Bijloo , Pieter Tieskens , Christiaan de Jongste
Watson Farley & Williams (“WFW”) has advised Velocita Energy Developments Ltd (“Velocita”) on two significant European disposals. Funded by US private equity firm Riverstone Holdings, Velocita is a wind energy company focused on developing, constructing and operating wind projects across Europe.