Simpson Thacher is representing KKR & Co. L.P. in connection with the financing related to its announced acquisition of Airbus Group’s defense electronics business for €1.1 billion. The transaction is expected to close in the first quarter of 2017.

Airbus Group’s defense electronics division includes approximately 4,000 employees worldwide, with annual revenues of around €1 billion. The business comprises military sensors, electronic warfare, avionics and optronics.

Simmons & Simmons has advised Mitsubishi Corporation and TEPCO on the 2,400MW/130MIGD Facility D independent water and power project in Qatar, which reached financial close on Monday 11 April.

The project was the first of its kind in Qatar to utilise reverse osmosis technology on a large-scale, and the first privately financed IWPP in Qatar to involve an international developer since the Ras Laffan C plant reached financial close in 2009.

Shearman & Sterling advised a consortium of international and local banks as lenders to the $3 billion Facility D Independent Water and Power project in Qatar.  The project involves the construction of a 2,520 MW gas-fired power plant and a 136.5 million gallons per day associated desalination plant near the Qatar Economic Zone, south of Doha. Once operational in 2018, it is expected to be one of the largest power and water facilities in the Middle East.  The project reached financial close on 11th April 2016.

Advising Frey, ACM and Predica in connection with the acquisition and bank financing with Hammerson of the shopping center Villebon 2

Membres

* Adrien Moretti
* Adrien Williot
* Alexandre Blestel
* Anne-Laure Eymeri
* Bénédicte Faurisson
* Eloïse Koudou
* Eric Muller
* Guillaume Rossignol
* Laetitia Gavoty Tolot
* Philippe Guibert

Shearman & Sterling advised BNP Paribas as arranger, initial lender and agent on the acquisition financing of a €158 million retail park in the Paris region by Assurances du Crédit Mutuel Vie, Crédit Agricole Assurances and Frey.

The Shearman & Sterling team was led by partner Pierre-Nicolas Ferrand, assisted by counsel Philippe Wolanski and associate Bruno Valenti (all Paris-Finance).

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 refinancing of a £125 million UK renewables portfolio. National Australia Bank (“NAB”), one of the four largest financial institutions in Australia, acted as the lender.

International law firm Watson Farley & Williams (“WFW”) advised Credit Agricole Corporate and Investment Bank (“CA-CIB”) as Agent on the export credit agency backed US$216 million post-delivery financing to a subsidiary of BW Gas, who were advised by Stephenson Harwood, in relation to the state-of-the-art floating storage and regasification unit (“FSRU”) vessel, BW Singapore, which has storage capacity in excess of 170,000 cubic metres and a peak regasification capacity of 750 million standard cubic feet per day.

IJGlobal has recognized the Project Development & Finance Practice of Latham & Watkins for advising on five market-making 2015 “Deals of the Year” spanning diverse markets at the annual IJGlobal Awards. According to the project finance and infrastructure journal, the IJGlobal Awards recognize “outstanding transactions and institutions from the world of infrastructure finance” across the Americas, Europe, Africa, the Middle East and North Africa, and the Asia-Pacific region.

The honored projects included:

Nctm Studio Legale advised Banca Popolare di Milano (BPM) in the project finance loan to Energie de la Vallèe, as Special Purpose Vehicle (SPV) belonging to the Genoese group Energetica, for the realisation, under the Private-Public-Partnership (PPP) regime, of a district heating system in the Municipality of Valtournenche – Breuil Cervinia (Aosta).

Solvay, Caisse des Dépôts et Consignations, and Marubeni Europe plc, have expanded their partnership in industrial energy efficiency with two new projects to finance and operate cogeneration plants at Solvay’s facilities in Tavaux (France) and in Spinetta (Italy).