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Banking & Finance - Capital Markets: Structured/Project Finance

Norton Rose Fulbright acts for Conergy in Australian-first solar and battery storage deal

24 Aug 2016

Global law firm Norton Rose Fulbright has advised Conergy on the development and project financing of Australia’s first solar and battery storage project.

The Lakeland solar PV project is located at the fringe of Ergon’s grid in Northern Queensland. It will have an installed capacity of 10.8MW combined with a 5.3MWh battery storage system.  The project will receive both a funding grant from the Australian Renewable Energy Agency (ARENA) and debt financing from NordLB.

Norton Rose Fulbright advises Coriolis on Merkur offshore wind development project

16 Aug 2016

Global law firm Norton Rose Fulbright has advised Coriolis on its equity investment in the offshore wind farm project Merkur. Coriolis is a joint investment vehicle formed by French state-controlled ADEME for their equity investment in Merkur and the capital investment arm of the turbine supplier.

GE will supply the wind turbines for Merkur, which will be the first large-scale commercial deployment of GE state-of-the-art Haliade 150-6MW offshore wind turbine in Europe.

PKA aquires 50% of biomass-fired combined heat and power plant in GBP 150 million investment

12 Aug 2016

PKA, one of the largest pension funds in Denmark, has announced the acquisition of 50% of the North-East England located biomass power plant “Teeside Renewable  Energy Plant” along with Macquarie Group, a global provider of banking, financial, advisory, investment and funds management services, who will hold the other 50%.

WFW advises HSH Nordbank AG on €29.6m windfarm project financing in France

12 Aug 2016

International law firm Watson Farley & Williams (“WFW“) has advised German bank, HSH Nordbank AG in connection with the financing of the 12.5 MW capacity Mont d’Erny windfarm by means of a €29.6 million loan. The project was developed by Nordex and sponsored through an investment fund managed by Rive Private Investment (group 123Venture & Elyseum Investment).

WFW advises banking syndicate on €58m French solar portfolio refinancing

12 Aug 2016

International law firm Watson Farley & Williams (“WFW”) advised a syndicate of French banks comprising Bpifrance Financement (as lender, security agent and co-arranger), Natixis Energéco (as lender, agent and co-arranger) and Banque Palatine (as lender, hedge bank and account bank) on the €58meuro refinancing of a portfolio of 14 ground and roof-based solar plants.

Clifford Chance advises on the financing of the Perimetral Oriental de Cundinamarca Toll Road in Colombia

12 Aug 2016

Leading international law firm Clifford Chance has acted as New York counsel to the Inter-American Development Bank (IDB) in the approximately $465 million multi-source and multi-currency financing of the Perimetral Oriental de Cundinamarca toll road that closed on May 24, 2016. The project is part of Colombia's multi-billion dollar 4G program.