RTPR Allen & Overy has advised European Bank for Reconstruction and Development (EBRD) and ING Bank N.V. Amsterdam - Bucharest Branch (ING Bank Romania) on a 96 million Euro financing for CTPark Bucharest logistics park located on the A1 Bucharest-Pitesti motorway and owned by CTP Group, one of the most active investors in industrial and logistics spaces in Romania.
Squire Patton Boggs recently completed acting on behalf of the government of Dubai in connection with its approximately US$2.5 billion financing for the Route 2020 project. The project consists of a 15km extension of the Dubai Metro’s Red Line from Nakheel Harbour and Tower Station to the Emirate’s Expo 2020 site.
Ashurst has advised leading renewable energy company Edify Energy and the project consortium on the development of a battery storage system to be connected to the large-scale Gannawarra Solar Farm in Victoria (the Gannawarra Energy Storage System), which upon completion will be one of the largest integrated solar and battery facilities in the world (and the largest in Australia).
Global law firm White & Case LLP has advised Austria's leading electricity company, VERBUND AG, on the structuring, documentation and placement of a 'green' bond via the fully integrated digital issue platform vc trade.
VERBUND's €100 million bond is the first transaction of its kind, with a ten year term and a fixed interest rate on the promissory note loan. The transaction was arranged by Helaba Landesbank Hessen-Thueringen, one of the leading arrangers of promissory note loans.
Santander Provides £3.5m Funding
The opening of a second Swingers crazy golf site in London has been announced after the company behind it, The Institute of Competitive Socialising, secured a £3.5m funding package from Santander Corporate & Commercial.
Founded by Jeremy Simmonds and Matt Grech-Smith, the Institute of Competitive Socialising first introduced the Swingers indoor crazy golf concept as a pop-up venue in Shoreditch in 2015.
Swingers City opened shortly after that as a permanent venue next to the Gherkin in the City of London.
Global law firm White & Case LLP has advised the European Investment Bank (EIB) on a strategic €550 million financing to ORES, one of Belgium's main gas and electricity distribution networks operators.
The financing will be used to make the network greener and more efficient. Brussels-based White & Case local partner Hadrien Servais, who co-led the Firm's deal team said: "White & Case has been advising the EIB on important transactions of this nature for a number of years, and this deal is another demonstration of the strength of our relationship."
Clifford Chance has advised the Republic of Indonesia on the update of its US$25 billion trust certificates (sukuk) issuance programme and the issuance of a US$3 billion dual tranche sukuk (comprising 5-year "green" sukuk and 10-year sukuk). The transaction was the world's first-ever sovereign green sukuk, and the first issuance under the Republic's green bond and green sukuk framework.
Global law firm Norton Rose Fulbright has advised GuarantCo, the international development finance institution, in relation to a landmark INR 2.5 billion (approximately US$40 million) dual tranche unsecured wrapped and rated bond issuance by Sindicatum Renewable Energy Company Pte Ltd. Sindicatum is an Asian developer, owner and operator of clean energy projects.
Gide has advised a company incorporated under Ivorian law, owned by Group HC Capital Properties, on setting up a financing in CFA francs by NSIA Banque Côte d'Ivoire for the construction of the largest shopping centre in the Yopougon suburb of Abidjan, called "Cosmos Yopougon".
Gide's team comprised partner Arnaud Duhamel, counsel Nicolas Jean, and associate Perrine Delandre, from the Banking & Finance and Projects (Finance & Infrastructure) practice groups.
Herbert Smith Freehills advised longstanding client InterGen on the development and project financing of its 300 megawatt Spalding open cycle gas turbine (OCGT) development project in Lincolnshire, England.