Addleshaw Goddard has advised Galliard Homes on the acquisition from a fund advised by Brockton Capital of three large office parks across three established London commuter belt locations.
CMS* is pleased to announce that it has advised M.V. Cargo in respect of two parallel loans made available to it by the European Bank for Reconstruction and Development and the International Finance Corporation. The loans, totalling USD 74m, will partly finance M.V. Cargo’s construction of a new modern grain terminal in Ukraine’s Black Sea port of Yuzhni capable of handling up to 5 million tons of grain annually. The overall value of the investment into the project is expected to exceed USD 150m, and construction of the grain terminal is expected to be finalised in 2018.
CMS* is pleased to announce that it has advised M.V. Cargo in respect of two parallel loans made available to it by the European Bank for Reconstruction and Development and the International Finance Corporation. The loans, totalling USD 74m, will partly finance M.V. Cargo’s construction of a new modern grain terminal in Ukraine’s Black Sea port of Yuzhni capable of handling up to 5 million tons of grain annually. The overall value of the investment into the project is expected to exceed USD 150m, and construction of the grain terminal is expected to be finalised in 2018.
Herbert Smith Freehills has advised the Clean Energy Finance Corporation, Commonwealth Bank of Australia and Natixis on the project financing for a portfolio of large-scale greenfield solar farms to be located in Collinsville, Queensland.
Herbert Smith Freehills has advised Real I.S. AG and Real I.S. Australia Pty Ltd on a A$174 million refinancing in relation to the Geoscience Australia Building in Canberra.
As one of Germany’s most prominent real estate asset managers, Real I.S. has more than €6.5 billion of property under management and operates in Germany, France, Luxembourg and Australia.
This transaction involved Herbert Smith Freehills working closely with parties and advisers located in Munich, Cologne, Sydney and Canberra.
Allen & Overy has advised funds managed by PIMCO on investments in Project Fino, the divestment by Unicredit of EUR17.7 billion of Italian non-performing loans by way of separate securitisations to PIMCO-managed funds and Fortress Investment Group. The transaction is regarded as the most significant deal to date in the Italian NPL sector.
“This is an important sale and one that sets a precedent for other Italian banks to follow suit,” commented partner Stefano Sennhauser, who led the transaction from Milan.
Ashurst has advised leading Australian renewables company, Edify Energy Pty Ltd (Edify Energy) on the development, financing and equity transfer to build and operate two large-scale solar farms in Northern Queensland: the 150-megawatt Daydream and 50-megawatt Hayman Solar Farms, in one of Australia's largest solar portfolio financings to date.
Upon completion, the solar farms have a total capacity of 240MWp, generating enough power to provide 73,000 homes with clean energy. The solar farms are ready for construction and are expected to be fully operational by 2018.
Jones Day represented Aurecon Singapore (Pte) Ltd in conjunction with SMRT and the Singapore Cooperation Enterprise as lead transaction advisor to Metro Express Limited, the procurer of a $570 million light rail construction project in Mauritius. The project represents the largest single infrastructure project ever undertaken in Mauritius and involves the design, construction, and procurement (on an EPC, turnkey basis) of a 26 kilometer light rail system, including civil works, systems, and rolling stock procurement.
Herbert Smith Freehills has advised the Australian JV between ENGIE and Mitsui, International Power (Australia) Holdings on the development of the A$250 million Willogoleche Wind Farm located on Willogoleche Hill, approximately 160 kilometres north of Adelaide, South Australia.
The site will comprise 32 wind turbines and will have a total generating capacity of approximately 119 megawatts when constructed.
Ashurst advised Ospedal Grando S.p.A., a project company partly owned by Lendlease Construction (EMEA) Ltd, on a €82 million project financing for the new Cittadella della Salute within the Treviso Hospital in Italy, which is one of the biggest project finance deals in the Italian health sector in recent years.
UniCredit S.p.A., European Investment Bank, Banca Imi S.p.A., Intesa Sanpaolo S.p.A. e Banca Prossima S.p.A. acted as lenders.