An international team of Clifford Chance lawyers across six offices has advised sponsors GDF Suez, Nareva and Mitsui on an 18-year financing of a US$2.6 billion, 1,386 MW (gross) ultra-supercritical coal-fired independent power project (IPP) near the port of Safi, Morocco. The transaction documents were signed over three days of meetings ending on September 18 and also included a ceremony in Rabat attended by Abdelilah Benkirane, prime minister of Morocco.

Norton Rose Fulbright advised Natixis Singapore Branch as sole mandated lead arranger and underwriter on a US$225 million limited recourse project financing facility to finance two floating production facilities for PetroFirst Infrastructure Limited, a joint venture between energy-focused private equity leader First Reserve and oilfield services giant Petrofac.

Trowers & Hamlins were appointed as local counsel to advise a consortium of 21 international and local financial institutions on all legal aspects of the financing of a US$2.8 billion loan arranged for Oman Oil Refineries and Petroleum Industries Company (ORPIC), primarily in relation to its refinery improvement project.

Ashurst, in conjunction with Irish firm A&L Goodbody, has advised the funders to Dublin Waste to Energy Ltd, which is majority owned by Covanta, a world leader in providing sustainable waste and energy solutions, to bring the development and financing of the Poolbeg Energy from Waste ("EfW") project in Dublin to a successful close on 19 September 2014.

Watson, Farley & Williams (“WFW”), practicing in Hong Kong in association with Lau, Leong & Co., is pleased to announce that it has advised Chinese ICBC Financial Leasing Co. Ltd in relation to the US$160 million structured refinancing of four containers and two bulk carriers with the leading ship-owner, Lomar Corporation. The Lomar fleet currently stands at over 60 vessels, including more than 20 newbuildings.

The vessels’ primary registry is in the Marshall Islands, but they sail under the Singapore flag.

Shearman & Sterling acted as designated lenders’ counsel in connection with the $600 million bridge financing for Gasoducto Sur Peruano S.A.’s southern gas pipeline project in Peru. The bridge financing is expected to be taken out by a $3.8 billion project financing. This financing is expected to be one of the largest non-recourse financings in the region.

Berwin Leighton Paisner (BLP) advised Angel Trains, one of Britain’s leading train leasing companies and owner and lessor of rolling stock, on their £210m rolling stock financing for the leasing of a fleet of new trains to boost capacity on the UK’s busiest commuter network. Angel Trains is unique in leasing to all 19 franchised operators and open access operators in the UK.

A Travers Smith team led by corporate partner William Howard has advised existing client Estover Energy in connection with the equity investment by John Laing and UK Green Investment Bank in a new biomass Combined Heat and Power (CHP) plant in Speyside, Scotland which has been developed by Estover.

Macfarlanes has advised Hayfin Capital Management on a £30m financing for retail and consumer finance company Buy As You View (BAYV).

The proceeds will be used to repay £23m of investment in BAYV from Rutland Partners in 2012, with the balance going to support the continued growth of the BAYV business.

The Macfarlanes team was led by banking and finance partner Andrew Perkins.

White & Case LLP has advised EuroChem on a project financing of up to US$750 million, from a syndicate of international and Russian banks, in connection with its Usolskiy potash project located within Russia's Verkhnekamskoe deposit, one of the world's largest potash deposits.