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Corporate

Herbert Smith Freehills advises Ararat Wind Farm on innovative corporate PPAs with Flow Power

22 Feb 2018

Herbert Smith Freehills has advised Ararat Wind Farm (AWF) on its entry into two innovative corporate power purchase agreements with Flow Power, a Melbourne based electricity retailer.

AWF is a 240MW wind farm located in Victoria and jointly owned by Partners Group and OP Trust. The offtake agreements supplement the existing 80.5MW feed-in tariff offtake agreement entered into by AWF and the ACT Government in 2015.

OP Trust announced on 16 February that it will be acquiring 51% of the shares in Flow Power.

Freshfields advises RELX Group as it simplifies its corporate structure into a single parent company

22 Feb 2018

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) is advising RELX Group, a global provider of information and analytics for professional and business customers across industries, on its simplification of its corporate structure from a dual-listed company into a single parent company that will be listed in London, Amsterdam and New York. 
 

Womble Bond Dickinson support Vesta Global Limited on the launch of their new Private Rented Sector (PRS) trading platform

20 Feb 2018

Womble Bond Dickinson played a key role in advising Vesta Global Limited ahead of their recent launch.

Vesta went live with their online PRS platform last week, with the objective of giving institutional funds that have hundreds of millions of pounds set aside for PRS access to a ready-made catalogue of existing rental stock that they can pick for their own portfolios

Allen & Overy advises EG Group on its acquisition of Esso service stations in Italy

16 Feb 2018

Allen & Overy is advising EG Group on the acquisition of the going concern consisting of more than 1,100 Esso branded service stations located throughout Italy from Esso Italiana S.r.l., an ExxonMobil Group company. The acquisition includes a long-term supply agreement for the Esso fuel brand in Italy.

Through this acquisition, EG Group will enter the Italian market for the first time and further expand its branded retail network, both fuel and non-fuel.

Clifford Chance advises TU Munich on major contract for professorships with Dieter Schwarz Foundation

15 Feb 2018

The Technical University of Munich (TUM) has reached an extensive agreement with the non-profit Dieter Schwarz Foundation for the endowment of 20 new economic science professorships with complete equipment and infrastructure. The international law firm Clifford Chance advised TUM on this revolutionary agreement.

Clifford Chance advises TU Munich on major contract for professorships with Dieter Schwarz Foundation

15 Feb 2018

The Technical University of Munich (TUM) has reached an extensive agreement with the non-profit Dieter Schwarz Foundation for the endowment of 20 new economic science professorships with complete equipment and infrastructure. The international law firm Clifford Chance advised TUM on this revolutionary agreement.

Macfarlanes advises Hogg Robinson on recommended offer and simultaneous disposal of Fraedom division

12 Feb 2018

Macfarlanes has advised leading global B2B services company Hogg Robinson on a recommended offer by GBT, which trades as American Express Global Business Travel, for Hogg Robinson. The firm has also advised on the simultaneous class 1 disposal of Hogg Robinson’s Software-as-a-Service technology company Fraedom to Visa for approximately £140 million.

Clifford Chance advises Japanese shipowner MOL on long-term contract for pioneering LNG bunker vessel

09 Feb 2018

Leading international law firm Clifford Chance advised Japanese shipowner Mitsui O.S.K Lines (MOL) on the tender process to provide a pioneering Liquefied Natural Gas bunker vessel (LNGBV) on long-term charter contract to Total Marine Fuels Global Solutions. This is the first LNGBV of this scale globally at 18,600 m³ to be built in China and delivered in 2020. The vessel will operate in Northern Europe and will be the first ever LNGBV capable of supplying large quantities of LNG in one single bunkering operation.

Mishcon de Reya advises AlonyHetz on the acquisition of Brockton Capital LLP and the establishment of Brockton Everlast Inc.

09 Feb 2018

Mishcon de Reya has advised one of Israel's largest real estate investment holding companies, Alony Hetz Properties and Investments Limited, on the acquisition of real estate investment advisers, Brockton Capital LLP and the establishment of a new real estate investment company, Brockton Everlast Inc. Limited with an initial equity investment of £340m from Alony Hetz.

Schulte Represents Fir Tree in Securing Board Seat at Ultra Petroleum

09 Feb 2018

Schulte represented hedge fund manager Fir Tree Partners in connection with entering into a Cooperation Agreement and securing a Board seat at Ultra Petroleum Corp. Fir Tree’s Evan Lederman was named a new director of the board, and Fir Tree will work with Ultra Petroleum to find a replacement for its chairman and CEO, who has stepped down. Fir Tree owns about 20 percent of stock in Ultra Petroleum, a Houston-based oil and gas exploration and production company focused on developing its natural gas reserves in the Green River Basin of Wyoming.