Sonnedix group, a solar operator present in Europe, Asia, Africa and Latin America, has successfully refinanced a portfolio of six photovoltaic parks located in Champagne-Ardenne, Lorraine and Provence-Alpes-Côte-D’azur with a total installed capacity of 57.3 MWp. This is one of the most important solar project refinancing completed in France this year (EUR 203 million).
On 28 December 2015 Belwind secured approximately €400,000,000 in funding for the refinancing of its 165 megawatt operational offshore wind farm located on the Bligh Bank, 46km off the Belgian coast. The refinancing is provided by a consortium of senior lenders consisting of Rabobank as Mandated Lead Arranger, and ASN Bank and Belfius Bank as Lenders.
Loyens & Loeff assisted the Belwind team and its shareholders from the early stages up to financial close.
White & Case LLP has advised a consortium of senior lenders consisting of Rabobank as Mandated Lead Arranger, and ASN Bank and Belfius Bank as Lenders, on the provision to Belwind NV of approximately €400 million in funding for the refinancing of a 165 megawatt operational offshore wind farm located on the Bligh Bank, around 46km off the Belgian coast.
Burges Salmon have advised Temporis Capital LLP, UK Green Investment Bank and KKR on the £82 million project financing of a 52MW onshore wind farm in Scotland.
The Burges Salmon team, led by Banking partner Graham Soar with assistance from the firm’s Construction, Real Estate and Energy teams, acted for Temporis as Agent and Security Agent on the project financing for the consented Blackcraig wind farm in Dumfries and Galloway in Scotland.
Deal represents largest ever purely-Philippine Peso project financing; first power generation facility in the Philippines to utilize supercritical boiler technology.
Latham & Watkins represented the borrower, San Buenaventura Power Ltd. Co. (a joint venture among Meralco PowerGen Corporation and New Growth B.V., an affiliate of The Electricity Generating Plc (Egco) of Thailand), in the project financing of a 500 MW supercritical coal-fired power plant expansion project located in Mauban, Quezon Province, the Philippines.
LONDON/NEW YORK, 22 December, 2015 - Milbank, Tweed, Hadley & McCloy LLP has advised O3b Networks on the implementation of a revised financial structure (including a new US$184 million COFACE covered facility, a US$31 million term facility and US$143 million of new equity financing) to facilitate the procurement of a further eight satellites and the launch of four of those satellites.
Pinsent Masons has advised on one of the first projects to be financed under China’s ‘One Belt One Road’ initiative - Thar Block II coal mine in Pakistan and two associated 330-megawatt power plants.
The firm worked with the two project companies, the mine company (a joint venture of the Government of Sindh, Engro Corporation, various Pakistan and Chinese investors and China Machinery Engineering Corporation) and the Power company (a joint venture of Engro, CMEC and a Pakistan investor).
LONDON, 16 December, 2015 –Milbank advised the lenders, including the multilateral agencies European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC), the export credit agencies Export Development Canada (EDC), Export Finance and Insurance Corporation (EFIC) and US EXIM, and a syndicate of commercial banks including BNP Paribas and Standard Chartered Bank, in connection with the US$4.4 billion financing for the Oyu Tolgoi Project. The deal is the largest emerging market mining project financing to date, the largest Central Asian pr
Watson Farley & Williams (“WFW”) has advised the lenders to the “Meerwind” offshore wind farm in the German North Sea in connection with its refinancing by way of a project bond.
Watson Farley & Williams Madrid’s Ship Finance team has successfully advised the Deme N.V. group on the financing via the implementation of a Spanish tax lease of its multipurpose newbuild vessel. The vessel is being constructed at Construcciones Navales del Norte, S.L. shipyard in Sestao, Spain.