Herbert Smith Freehills has advised AGL Energy Limited on the project delivery, planning and land aspects of the Silverton Wind Farm, including engineering, procurement and construction and operation and maintenance of the project.

The Silverton Wind Farm is to be located in the Barrier Ranges in western NSW and is the first greenfield project to be acquired by the Powering Australian Renewables Fund (PARF). PARF is a partnership between AGL, QIC and Future Fund for the development of approximately 1,000MW of large-scale renewable energy projects.

Watson Farley & Williams (“WFW”) has advised Celeo Concesiones e Inversiones, S.L.U. (“Celeo”), which is wholly owned by leading Spanish infrastructure and energy group Grupo Elecnor S.A. (“Elecnor”), on the €41.6m refinancing via the issuance of project bonds of eight Spanish photovoltaic plants (seven of them roof-mounted) with a total installed capacity of 15.3 MW. The bonds were issued by Celeo Fotovoltaico S.A.U. Banco Santander acted as structuring agent, arranger and sole bookrunner for the transaction.

IJ Global named AP Renewables' $US225 million climate bond as the Asia Pacific Project Bond Deal of the Year at its annual IJ Global Awards 2016.  Gibson Dunn represented AP Renewables as issuer, in what was the first climate bond issued for a single project in an emerging market.  The bond was issued in connection with the refinancing of the Tiwi-Makban geothermal plant.  The Gibson Dunn team was led by Patricia Tan Openshaw who was assisted by Cristina Uy-Tioco and Juhae Chae.  The winners will be announced at a ceremony in Singapore on March 9, 2017.

Watson Farley & Williams (“WFW”) has advised HSH Nordbank on the financing of the acquisition by Railpool of 196 type BR 151 and BR 155 electric locomotives from DB Cargo. The locomotives will be partly let back to DB Cargo under a capacity take-off agreement. The transaction is co-sponsored by Toshiba.

Munich-based Railpool is a full service lessor of locomotives jointly owned by funds managed by Oaktree Capital Management L.P. and by the Singaporean sovereign wealth fund GIC.

Dentons’ Energy and Natural Resources practice in Warsaw advised Enlight Renewable Energy on the construction and financing of a wind farm near the Adriatic port of Split in Croatia. The total capacity of the wind farm is 49 MW.

Herbert Smith Freehills has advised ANZ, BNP Paribas and Westpac on a A$150 million debt financing package for the development of Dacian Gold Limited’s Mt Morgans gold project in Western Australia.

Located in the Goldfields approximately 750km northeast of Perth, construction for the A$220 million Mt Morgans project is due to start in early 2017, with first production scheduled for the March 2018 quarter.

A team led by Hamburg-based partner Fabian G. Gaffron legally advised Railpool on the partial refinancing of eight Stadler EMU GTW railcars by KfW IPEX-Bank GmbH and on financing the acquisition of 196 electric locomotives of the 151 and 155 series by HSH Nordbank and Toshiba. The electric locomotives were acquired by DB Cargo Aktiengesellschaft, to which the capacities of these locomotives will partly be provided again.
 

Allen & Overy LLP has advised a syndicate of banks comprising Berliner Sparkasse, branch of Landesbank Berlin AG, Commerzbank Aktiengesellschaft, ING Bank, a branch of ING-DiBa AG, Landesbank Hessen-Thüringen Girozentrale, SEB AG and Investitionsbank Schleswig-Holstein, in connection with arranging financing for a new energy supply system (the K.I.E.L. (standing for the German for Kiel's Intelligent Energy Solution) coastal power plant) for Stadtwerke Kiel AG. Commerzbank Aktiengesellschaft is also acting as facility agent.

Linklaters has advised China Development Bank Corporation on the project development and financing of the 2x1,050 megawatt Jawa 7 coal-fired power plant to be constructed in Banten Province, Indonesia. China Development Bank Corporation acted as lender and mandated lead arranger in connection with the provision of approximately US$1.3 billion in financing for the Jawa 7 project. The deal team included lawyers from Widyawan & Partners, Linklaters’ associated firm in Indonesia.

Hong Kong—Dentons Hong Kong, in collaboration with Dentons Kunming and Shanghai, advised Yunnan Provincial Energy Investment Group Co., Ltd. ("YEIG") in a dual tranche offering of US$440m of notes (US$310m of 3.50% guaranteed notes due 2019 and US$130m of 4.25% guaranteed notes due 2021) issued by a special purpose vehicle of YEIG. YEIG is a leading state-owned energy company based in Yunnan Province, China. The notes are listed on the Hong Kong Stock Exchange.