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JV/Alliance/Licence

Norton Rose Fulbright advises on new nuclear plant at Wylfa Newydd, Wales

02 Jun 2016

Global law firm Norton Rose Fulbright has advised Hitachi Nuclear Energy Europe, Ltd. in relation to its role in the newly created joint venture responsible for construction of Horizon Nuclear Power’s 2,700MW nuclear plant at Wylfa Newydd on the Isle of Anglesey, Wales.

On 20 May 2016, Horizon Wylfa Limited, a wholly owned subsidiary of Hitachi, Ltd., appointed “Menter Newydd”, a specially created unincorporated joint venture, to help deliver the company’s lead nuclear new build project, Wylfa Newydd.

CGN Europe Energy entered into a long-term partnership with Inovia Concept Développement

31 May 2016

CGN Europe Energy, the French subsidiary of Chinese energy giant, CGN, entered into a long-term partnership with French company Inovia Concept Développement for the development, construction and maintenance of photovoltaic power plants across France, with a combined capacity of over 1 gigawatt (GWh), representing a maximum investment of 1 billion euros in the next five years.

Hannes Snellman Counsel to Uponor in Establishing an Intelligent Water Sensing Technology Joint Venture with Belkin International

26 May 2016

Uponor Corporation and Belkin International, Inc. announced on 25 May 2016 their intention to form a joint venture to pioneer in the development of intelligent water sensing and conservation technology for buildings. The joint venture – to be called Phyn– will have operations in the U.S. and Europe and aims at developing products for the emerging intelligent water market, both for consumers and business customers.

Olswang advises Betfred on betting brand's exclusive licensing of GVC Holdings PLC gaming platform

25 May 2016

International technology, media and telecoms law firm Olswang has advised Betfred, one of the UK's best known betting brands, on its agreement to use the online gaming platform of GVC, a leading e-gaming operator in both the B2C and B2B markets.Betfred will fully migrate its online business, including all its sportsbook and gaming offering, to the GVC platform on an exclusive basis.

Clifford Chance advises Baofeng and Everbright on their strategic partnership with MP & Silva, a leading international sports media rights company

25 May 2016

Leading international law firm Clifford Chance has advised Baofeng, a Chinese internet entertainment and technology company and Everbright, a major Chinese financial services company in their successful bid through the Shanghai Jinxin investment fund to acquire a majority stake in MP & Silva Holding SA. MP& Silva is a leading international sports media rights group with a large portfolio of sports media rights including Europe's top leagues in football, Grand Slam tennis, motor racing and the National Football League.

Macfarlanes advises on £1bn Argus deal

24 May 2016

Macfarlanes has advised Adrian Binks, the executive chairman and significant shareholder in global energy and commodity price reporting agency Argus, on Argus’ strategic partnership with leading global growth equity firm General Atlantic.

The deal, which values Argus at c.£1bn, will see General Atlantic acquire a majority stake in the business, enabling Argus to fuel its next phase of global expansion. Adrian Binks will retain a significant shareholding in Argus and remain actively involved in the business going forwards.