Norton Rose Fulbright has advised Deutsche Bank, Danske Bank and EKF, the export credit agency of Denmark, in relation to a new 40MW biomass facility at Stockton-on-Tees, Teesside.

The project was originally developed by Eco2 and Temporis Capital and was acquired by Glennmont Partners immediately prior to the financing taking effect. Deutsche Bank and Danske Bank are providing the long term senior debt for the £160m project, with a partial risk cover from EKF.

DLA Piper has advised the Clean Energy Finance Corporation (CEFC) in connection with Epuron's Yulara Solar project in the Northern Territory. This is the second deal CEFC has closed with Epuron - having also financed the recently completed Uterne expansion.
 

CMS has provided legal advice on financing the construction of Poland's first hospital of this scale under the PPP formula. This project will pave the way for the implementation of similar large projects of this type in Poland. As part of the investment, InterHealth Canada Limited will build a new facility in Zywiec, which will replace the only hospital in the region, which will be closed down. The private partner will be also responsible for the provision of medical services in the new facility.

Ashurst advised China Development Bank (CDB) and Bank of China on the Phase 2 financing of the Beineu-Shymkent Gas Pipeline (BSGP). The project  involved a US$700m upsizing of the existing US$1.8bn syndicated loan facility.

The BSGP pipeline is a strategic project of the Kazakhstan government, which will link gas-rich western Kazakhstan to the consumer market of South Kazakhstan and China (through the China-Central Asia Gas Pipeline). Phase 1 of the 1,475km pipeline was completed in September 2013.

Herbert Smith Freehills has advised the international bank syndicate on the financing for H.R.L Morrison & Co’s acquisition of a 50% interest in the largest wind farm in the southern hemisphere, Macarthur Wind Farm in western Victoria.

H.R.L Morrison & Co purchased the 50% stake from AGL Energy Limited for A$532 million, with project financing secured from the bank syndicate which comprised of: National Australia Bank (NAB); BNP Paribas; The Bank of Tokyo-Mitsubishi UFJ, Ltd. (MUFG); ING Bank (Australia) Limited; and Mizuho Bank, Ltd.

Clifford Chance advised Global Infrastructure Partners (GIP) in respect of the acquisition and debt financing of a 50 percent stake in the Gode Wind 1 offshore wind farm project in Germany.

The vendor was Danish integrated energy company DONG Energy A/S. The transaction is subject to approval by the competition authorities and is expected to be completed in around September 2015.

Watson Farley & Williams (“WFW”) has advised WKN AG, a subsidiary of PNE WIND AG, on the financing of the “Apensen II” onshore wind farm in Buxtehude, Lower Saxony. The wind farm consists of two wind Nordex N117 turbines with a capacity of 3 MW. The financing was effected by Commerzbank Aktien-gesellschaft, Hamburg. All loans were disbursed in July 2015 and the wind farm will be operational in 2016.

Milbank, Tweed, Hadley & McCloy LLP represented the senior lenders, Japan Bank for International Cooperation (JBIC) and The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) as mandated lead arranger, on the $693 million financing for the development of a world-scale methanol plant and an associated di-methyl ether (DME) production facility at Union Industrial Estate, La Brea, in Trinidad and Tobago. Total project costs are estimated at $1 billion.

Norton Rose Fulbright has advised Axis Bank Limited and a syndicate of lenders based in Singapore, United Arab Emirates and London on a US$202 million limited recourse project refinancing of the floating, production, storage and offloading vessel m.v. “ARMADA STERLING”.

The FPSO is owned by a joint venture entity formed by Bumi Armada Berhad, Shapoorji Pallonji & Co. Ltd. and Clean Environment Investments Co. Ltd. It is currently working for Oil and Natural Gas Corporation Limited (ONGC) in the D1 field, 200km offshore from Mumbai, India.

Delta Solar SAS, one of France's top five solar operators, has successfully refinanced a portfolio of nine photovoltaic parks located in various parts of southern France and Corsica with a total installed capacity of 67.3 MWp. Delta Solar’s ultimate shareholders include Ardian, Bernis Energy, Debiopharm Investment and Nixdorf Foundation, following their acquisition of shares in Delta Solar’s parent, Aloe Energy SAS, in late 2014 through Aloe Invest SAS, a renewable energies investment vehicle.