Global law firm Norton Rose Fulbright has advised a pool of seven banks ABN Amro Bank, Crédit Agricole, Crédit Industriel et Commercial, HSH Nordbank AG, ING Bank, KfW IPEX Bank GmbH and La Banque Postale Crédit Entreprises on a major €750 million rail financing for Akiem Holding, SNCF’s locomotive rental subsidiary, for the refinancing of existing locomotives and financing of new locomotives.
Baker & McKenzie advised Corestate Capital Holding S.A. on the financing of the acquisition of up to 31 retail properties in 30 locations in Germany.
The transaction has a volume of over € 100 million euros. The acquisition, which includes a share deal and numerous asset deals was financed by Landesbank Hessen-Thüringen (Helaba). Baker & McKenzie advised on all legal aspects related to the structuring of the financing according to German and Luxembourg law.
Ashurst advised the leading global private equity group, EQT on the acquisition and financing of TechnologiePark Köln (TPK), an office park located in the German city of Cologne. EQT acquired TPK for a purchase price of €188 million out of Narat GmbH's insolvency.
The 116,155 square metre park, located in western Cologne, comprises seven different office buildings each with an element of parking.
Leading international law firm Clifford Chance has acted as New York counsel to Itaú Unibanco S.A., New York Branch and Banco de Crédito del Perú in the approximately US$425 million multi-source and multi-currency financing of the "Concesión Autopista Conexión Pacífico 2" toll road project in Colombia that closed on September 6, 2016.
The project consists of constructing, improving, and operating approximately 98 kilometers of toll roads located in the region of Antioquia, Colombia.
We advised Nordea in a transaction where they financed the acquisitions of a Finnish logistics portfolio located in Southern Finland and an office portfolio located in Helsinki by NREP Nordic Strategies Fund II, a fund managed by NREP. The portfolios were acquired from Aberdeen and A. Ahlström Kiinteistöt Oy.
A landmark signing in Indonesia sees the first domestic financing and the first majority domestic offtake of the first upstream LNG project in Indonesia since 2007.
Global law firm Norton Rose Fulbright has advised a consortium of banks on the financing of a 73.2MW wind power project developed by Terna Energy SA, the largest wind power producer in Greece. The consortium consisted of Eurobank Ergasias, Alpha Bank and National Bank of Greece.
International law firm Watson Farley & Williams (“WFW”) advised BayernLB in connection with the financing of eight solar PV plants of up to 5MW each at five sites across England and Wales, three of which are community interest companies (“CICs”). BayernLB provided long term, secured project financing of circa £30m partly refinanced by the German KfW (Kreditanstalt für Wiederaufbau) renewable energy support scheme. The solar plants were acquired by the German asset manager Luxcara for its fund portfolio for institutional investors.
Leading international law firm Clifford Chance has advised on the financing of Australia's first integrated solar and storage project of scale. Located in Far North Queensland, the Conergy-sponsored project comprises a 13MWp/10.8MWac solar PV array with an integrated grid connected 1.4MW/5.4MWh lithium-ion battery.
Norddeutsche Landesbank Girozentrale, the sole debt financier to the project and Clifford Chance's client on the transaction, has provided a 15-year non-recourse financing facility.
Nabarro has advised AIM quoted property investment company Palace Capital plc on the acquisition of Boulton House, Chorlton Street, a 75,000 sq ft multi-let office building in Manchester. The net price paid for Boulton House, Chorlton Street, was £10.6m and a new debt facility of £6m has been secured from Santander.
Palace Capital focuses on commercial property outside London. Boulton House is located in one of Manchester’s redevelopment and regeneration hot spots. The office block’s tenants include Arriva Rail, Trillium and Newsco Insider.