McDermott Will & Emery advised B Futura, a platform for infrastructure development of the Italian football league, as well as the Cagliari Football Club in connection with the project financing of a new EUR 55m football arena of Cagliari.
Norton Rose Fulbright has advised a syndicate of lenders in relation to a secured term loan facility for up to EGP 2.5 billion to finance the development and construction of the City Centre Almaza shopping mall. The borrower, City Centre Almaza S.A.E., is an Egyptian subsidiary of Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa region.
Schoenherr has advised UniCredit Bank Austria AG as arranger, agent, security agent and original lender in connection with a senior term facility for the construction and operation of several hydro power plants in Turkey for the Austrian based enso Group. enso Group operates and manages hydro power plants in Turkey, Norway and Albania.
The financing was structured as a non-recourse financing under Austrian law with security provided to the security agent both in Turkey and Austria.
The deal closed on 31 March 2016.
Watson Farley & Williams (“WFW”) advised CSSC (HK) Shipping Co. Ltd. (“CSSCL”) on a $245 million ten-year club senior secured loan for the construction of six Newcastlemax bulk carriers.
Led by Standard Chartered Bank and Bank of America, who were joined by Société Générale, the facility was provided to CSSCL, the ship owning and leasing arm of China State Shipbuilding Corporation (“CSSC”), which was formed in June 2012.
DUBAI, 25 April 2015 – Hogan Lovells has advised the mandated lead arrangers on the successful project financing of the Sohar independent water producer ("IWP") project in the Sultanate of Oman.
The project comprises the design, construction, ownership, financing, operation and maintenance of a high efficiency desalination facility, based on seawater reverse osmosis technology.
Shearman & Sterling advised EFG Hermes Private Equity on the equity financing of the acquisition by Vortex, its renewable energy platform, of a 49 percent stake in an operational 664 MW portfolio of European wind assets.
The transaction is valued at €550 million and includes a portfolio of 23 wind farms in Spain, Portugal, Belgium and France. The acquisition is part of Vortex’s drive to own more than 1 GW of net installed capacity within the coming two years, and nearly doubles EFG Hermes’ private equity assets under management to $1.1 billion.
Watson Farley Williams (“WFW”) has advised HSH Nordbank AG (“HSH Nordbank”) on the financing of the Danish Vandel solar park. HSH Nordbank provided a long-term financing of €64.5 m to developer European Energy A/S (“European Energy”) for Vandel, which is located in the community of Vandel/Billund in Denmark.
The park consists of 126 solar PV installations and has been built by European Energy in 2015 with a total capacity of 50.4 MW.
London—Dentons has advised Hurricane Energy plc, the UK-based oil and gas company and fractured basement specialist, on a £52.1 million capital raising to fund its 2016 North Sea drilling programme. Funds managed by Kerogen Capital, an independent private equity fund manager specialising in the international oil and gas sector, will inject approximately £44 million into Hurricane with the balance of the capital being raised through a placing, managed by joint bookrunners Cenkos Securities and Macquarie Capital, to existing institutional investors.
Watson Farley & Williams (“WFW”) advised Crédit Agricole Corporate and Investment Bank (“CACIB”), SACE (CDP Group) and a syndicate of banks in relation to an ECA-backed financing of a 754 passenger cruise vessel to be built by the Italian shipyard Fincantieri S.p.A (the “Vessel”) and to be purchased by Explorer II New Build LLC, a wholly-owned subsidiary of NCL Corporation Ltd.
Gowling WLG's Real Estate team has advised long-standing client U and I Group PLC on the financing of the 2 Brunel Place development in Slough. The development forms the first phase of U and I Group's wider Brunel Place project, providing a new commercial quarter in Slough.