Global law firm Norton Rose Fulbright has advised Canadian Solar on the proposed investment by investment manager Foresight Group in a portfolio of three solar farms in Queensland.

The portfolio comprises the 17MW Longreach project, the 30MW Oakey 1 project and the 70MW Oakey 2 Project. The Longreach and Oakey 1 Projects are currently under construction and are expected to be connected to the grid during the course of 2018.

Herbert Smith Freehills’ full service project finance team has advised Kennedy Energy Park Pty Ltd (KEP) in relation to the construction, offtake, grid connection and project financing of the Kennedy Energy Park, located in the Flinders Shire in central north Queensland, which reached financial close on 18 October 2017. The project is expected to be fully operational within twelve months.

Norton Rose Fulbright has advised Taaleri, a financial services company based in Finland, on its investment in Germany’s largest power generation project utilising geothermal energy which is planned to be implemented in the municipality of Icking, south of Munich. The project consists of five wells to be drilled and the power plant to be built over them.

DLA Piper has advised Agility Trains on the £5.7 billion project financing of the Government-led Intercity Express Programme, the first phase of which, comprising 57 new Class 800 Hitachi trains, went into passenger service between Bristol and Paddington in front of Transport Secretary Chris Grayling.

A Fieldfisher team has advised RM Secured Direct Lending plc (RMDL) in respect of two separate loan facilities to acquire and develop solar energy farms in South Wales and Warwickshire.

DLA Piper has advised the Australian Renewable Energy Agency (ARENA) on the Demand Response Competitive Funding Round under its Advancing Renewables Program.

ARENA and the Australian Energy Market Operator (AEMO) this week jointly announced 10 pilot projects in Victoria, South Australia and New South Wales (NSW) have been awarded funding, to manage electricity supply during extreme weather peaks.

The AU$35.7 million initiative will deliver 200 megawatts (MW) of capacity by 2020.

Norton Rose Fulbright has advised renewables energy giant Enel Green Power S.p.A. ("EGP"), on the agreements with the Canadian institutional investor Caisse de dépot et placement du Québec ("CDPQ") and the investment vehicle of the leading Mexican pension funds CKD Infraestructura México S.A. de C.V. ("CKD IM") on the sale of 80 percent of the share capital of a newly formed Mexican holding company ("Holdco"). Holdco indirectly owns a portfolio comprising 8 renewable energy projects with a total generating capacity of 1.7 GW.

Watson Farley & Williams (“WFW”) advised Credit Agricole Corporate and Investment Bank (“CA-CIB”) and KfW- IPEX Bank GmbH (“KfW”) as Mandated Lead Arrangers and Lenders on the export credit agency backed US$191.8m post-delivery financing to a subsidiary of BW Gas, in relation to BW Gas’ second FSRU, BW Integrity.

Global law firm Norton Rose Fulbright has advised AIG and Standard Chartered in relation to establishing the first blockchain-enabled platform for the streamlined purchasing of trade finance invoices from a global logistics company.

TradeIX and AIG partnered to enable trade finance transactions for companies, using the blockchain-enabled platform provided by TradeIX.

Clifford Chance has advised a fund represented by BNP Paribas REIM, the OPPCI Vestas French Real Estate, whose investor is Vestas Investment Management, a Korean institutional investor, on the acquisition from Unibail-Rodamco and the financing of the building So Ouest Plaza, located in Levallois-Perret.

The net disposal price of the deal, which follows a sale agreement signed in February 2017, is €473.8 million.