Hogan Lovells is pleased to announce that a cross-border, cross-practice team made up of lawyers from Houston, New York, Washington, D.C., and Tokyo, advised JX Nippon Oil & Gas Exploration Corporation (JX Nippon) and its subsidiary JX Nippon Oil Exploration Limited (JX EOR), together with JX Nippon (JX), in its preferred stock equity financing arrangement with Japan Bank for International Cooperation (JBIC). The transaction reflects JX's ongoing commitment to the construction and operation of the Petra Nova Carbon Capture Project (the Project).

Linklaters has advised the leading banks as Dutch energy-from-waste and water treatment facility operator AVR-Afvalverwerking B.V. establishes a structured secured debt issuance platform pursuant to which AVR has raised €130,000,000 of senior term and revolving credit facilities from its relationship lenders, US$75,000,000, £16,000,000 and €197,000,000 of US private placement notes and €23,000,000 of institutional term debt by way of a European private placement.

Clifford Chance has advised the leading Dutch energy-from-waste and water treatment facility operator AVR-Afvalverwerking B.V. on the establishment of a structured secured debt issuance platform pursuant to which AVR has raised €130,000,000 of senior term and revolving credit facilities from its relationship lenders, US$75,000,000, £16,000,000 and €197,000,000 of US private placement notes and €23,000,000 of institutional term debt by way of a European private placement.

Esin Attorney Partnership, a member firm of Baker & McKenzie International, and Baker & McKenzie's Frankfurt office has advised Zorlu Enerji Elektrik Uretim A.S. (Zorlu Energy Electricity Generation) and Zorlu Ruzgar Enerjisi Elektrik Uretim A.S. (Zorlu Wind Energy), both part of the Zorlu Energy Group, on financing for two wind power plant projects in Turkey.

Norton Rose Fulbright has advised the funders to the Aberdeen Roads Limited Consortium (Balfour Beatty, Carillion and Galliford Try) in connection with the contract to design, build, finance and operation (DBFO) the A90 Aberdeen Western Peripheral Route / Balmedie to Tipperty (AWPR / B–T route) project in Scotland. The project, worth £745 million is being delivered in partnership by Transport Scotland, Aberdeen City Council and Aberdeenshire Council. The Project achieved a successful financial close on Friday December 12, 2014.

Clifford Chance advised a group of financiers composed of development financial institutions (African Development Bank, International Finance Corporation and The Emerging Africa Infrastructure Fund Limited), a commercial bank (Habib Bank Limited) and the Danish export credit agency (Eksport Kredit Fonden) on a USD300 million project financing arranged by Habib Bank Limited for the design, construction, development, operation and maintenance of a greenfield cement manufacturing plant (and associated facilities) and the exploitation of limestone and clay quarry mines by Nyumba Ya Akiba SA in

White & Case LLP has advised a consortium of banks including, among others, CIBC, Crédit Agricole CIB, ING Bank, SEB AG and Scotiabank as arrangers of the financing for the acquisition of Erdgasversorgungsgesellschaft Thüringen-Sachsen mbH (EVG) and its gas distribution network.

ING Bank N.V., advised by leading international law firm Watson Farley & Williams (“WFW”), has arranged a US$150 million facility for the MODEX/Euro Offshore group, a lessor of offshore container boxes, in order to refinance existing indebtedness and provide working capital.

Norton Rose Fulbright has advised Alpha Bank, a leader in the Greek market, on an innovative securitisation raising in excess of US$500m. The transaction, arranged and financed by Citibank, financed a portfolio of shipping loans. Alpha Bank will continue to service the loans. Unlike many securitisations, the financing was provided in a loan style format.

David Shearer, securitisation partner, Norton Rose Fulbright comments:

Ashurst has advised Natixis and the other bank and bond financiers on the first project bond in Italy and a landmark debt refinancing of Antin Solar Investments, a leading Italian solar PV portfolio.