International law firm Clifford Chance is advising the lenders on the financing of a USD 88,5 million 15-year loan granted to the company Polesine S.A., a subsidiary of Akuo Energy S.A.S., to finance the construction and operation of a wind farm in Uruguay. The Lenders were PROPARCO, which arranged the financing, FMO and DEG, respectively the French, Dutch and German development finance institutions.

Hogan Lovells Lee & Lee has advised the mandated lead arrangers on the successful project financing of the Fujairah Oil Terminal in the Middle East.

Allen & Overy has advised its regular client, the Indorama group, on the development and financing of a USD1.2bn fertiliser plant and associated pipeline project in Port Harcourt, Nigeria.

The financing consisted of a USD800m debt package from a diverse group of multilateral agencies, development finance institutions and international and regional commercial banks.

Bangkok: Leading international law firm Clifford Chance has advised B. Grimm BIP Power Limited and Bangkadi Clean Energy Limited on a total financing of THB9.75 billion (approximately US$ 325 million) for two gas-fired power projects located in Bangkadi Industrial Park, Pathumthani Province in Thailand.

The two projects will have an installed generating capacity of 114MW each and will be developed by B. Grimm Power Limited.

The International law firm Clifford Chance advised the mandated lead arrangers and the lenders on all the aspects of Nareva Holding and International Power-GDF Suez' project to build the Tarfaya wind farm (in the South of Morocco) with a capacity of 300 MW, from the bid phase in 2009 until the financial close in December 2012. The Clifford Chance team was composed of Mustapha Mourahib, Partner, Benjamin de Blegiers, Counsel, and Ouns Lemseffer, Associate.

International legal practice Norton Rose has advised a consortium of banks led by KfW IPEX-Bank, UniCredit and Bremer Landesbank on the financing of the offshore wind farm Butendiek in the North Sea. The consortium finances this large-scale project with loans in the total amount of approximately €937m; the overall investment volume is about €1.3bn. The remaining funds are raised by the group of investors consisting of Industriens Pension, Marguerite, PKA, Siemens Project Ventures and wpd.

Ashurst has been acknowledged in three prize-winning deals at the PFI Awards, held on 30 January in London. The awards were presented in recognition of the Lundin Petroleum financing, Carrington Power's CCGT development and Agility trains consortium's financing of the Intercity Express Programme (IEP).

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised NORD/LB Norddeutsche Landesbank Girozentrale („NORD/LB“) on the financing of the Krughütte solar farm, which has a total capacity of 30 MWp and a total investment volume of approximately €45 million.

Linklaters has acted as global counsel for the lenders on the closing of the landmark US$1.4bn equivalent multi currency limited recourse project financing of the Jorf Lasfar IPP Expansion. The lenders comprised Export Credit Agencies (JBIC and NEXI of Japan and KEXIM of South Korea) and the Mandated Lead Arrangers (BNPP, Standard Chartered, Société Générale and Banque Centrale Populaire of Morocco). The Sponsor is the Abu Dhabi National Energy Company PJSC ("TAQA").

Allen & Overy has advised International Finance Corporation (IFC) as co-lead Negotiator, Hedging Bank and Arranger for the OPEC Fund for International Development and the Canada Climate Change Program; and Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.