Gowling WLG's Energy team has advised on a £42m project financing of the 49MW solar farm in Hampshire, one of the largest solar projects in the country.

The Eveley Farm solar park is the latest development by Primrose Solar, and will generate enough power to supply the equivalent of 15,000 typical homes and save around 21,500 tonnes of carbon dioxide per year.

Gowling WLG worked with Primrose Solar to secure project financing for the final construction payment from Deutsche Bank, who were advised by Norton Rose Fulbright.

Jones Day advised CaixaBank, S.A. in connection with the sale and purchase agreement and refinancing of the "Rotasol" photovoltaic solar plant project located in Rota, Cádiz, Spain.

For additional information about this matter, please contact: Javier López Antón
Client(s): CaixaBank, S.A.
Practice(s): Projects & Infrastructure, Banking & Finance, Energy
Office(s): Madrid

International law firm Watson Farley & Williams (“WFW”) has advised Cubico Sustainable Investments (“Cubico”), a renewable energy and water investment firm owned by Santander, Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board (PSP Investments), on the second phase of its UK renewables portfolio financing provided by National Australia Bank (“NAB”), one of the four largest financial institutions in Australia.

Baker & McKenzie has advised Neoen, a leading French renewable energy company, on securing a long-term debt financing package for the second stage -  100MW of its Hornsdale Wind Farm project near Jamestown in South Australia.

Baker & McKenzie lead partner, Paul Curnow stated: “The financing of this second stage of the project is very encouraging.The Hornsdale Wind farm has been twice awarded a 20-year contract to supply green energy to the ACT, with the second stage achieving a record low price of $77 per MWh."

Shearman & Sterling advised Capzanine as arranger and lender in connection with a €147 million unitranche financing made available in connection with the acquisition by IK Investment Partners from Carlyle of the Marle group, a French prosthesis maker.

The financing took the form of bonds issues, the proceeds of which served to pay the acquisition price and refinance the group.

The Shearman & Sterling team was led by partner Arnaud Fromion, and associates Adrien Paturaud, Laurent Bonnet and Bruno Valenti (all Paris–Finance).

Istanbul, 23 June 2016 - Esin Attorney Partnership, a member firm of Baker & McKenzie International, a Swiss verein, and Baker & McKenzie's Paris office represented Gama Enerji A.S. (Gama Enerji) and its subsidiary Kremna Enerji Uretim ve Ticaret A.S.

SINGAPORE, June 16, 2016 – Reflecting the strength of its large-scale project finance and energy work in Asia, Milbank, Tweed, Hadley & McCloy LLP has advised Japan Bank for International Cooperation (JBIC),  The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) (as Documentation Bank) and 8 commercial lenders on the development and financing of a US $4.3 billion 2,000-megawatt coal-powered electricity generation plant in Central Java, which on completion will be one of the largest IPP’s in Asia.

Ashurst has advised Pacific Energy Limited subsidiary, Pacific Energy (KPS) Pty Ltd, on the A$40million integration of its diesel power station into a hybrid solar/battery/diesel power station for Sandfire Resource NL.

Pacific Energy (KPS) Pty Ltd provides a 19MW diesel power station, and this has been integrated with a 10MW solar facility, including 6MW lithium-ion battery storage, to provide power to Sandfire's DeGrussa Solar Project. The DeGrussa Solar Project is the largest integrated off-grid solar and battery storage facility in Australia and reportedly, in the world.

A US$360 million loan facility to support the construction of two new liquid natural gas (LNG) vessels has been awarded the Marine Money Deal of the Year - Project Finance East.

Singapore office advised Sumitomo Mitsui Banking Corporation (SMBC)as lead arranger on secured loan facilities up to US$360 million for the purchase of two LNG new buildings by SPVs owned by BW Pavilion (which is a joint venture between BW and Pavilion Energy).

International law firm Watson Farley & Williams (“WFW“) advised Iccrea Bancaimpresa S.p.A. (“Iccrea”), the corporate banking arm of Credito Cooperativo, Credito Cooperativo Romagnolo – BCC di Cesena and Gatteo S.c. on their €4.4m financing of Italian maritime company Gruppo Righetti Navi.