Clifford Chance has advised Solarpack Corporacion Tecnologica, S.A. (Solarpack) on arranging the financing for the development, construction and operation of a (photovoltaic) solar farm in the Atacama Desert in Chile. The total investment value for the "La Granja" project is around USD 114 million. KfW IPEX-Bank, which specialises in international project and export financing, provided most of the amount required in the form of a long-term loan facility.

International law firm Bird & Bird is helping OneWeb establish the terrestrial network for its ambitious plan to launch a constellation of low earth orbit (LEO) satellites that will cover the globe.

OneWeb's low earth orbit constellation, the first six satellites of which were launched from Kourou, French Guiana, on 27th February will enable the provision of broadband connectivity on an unprecedented scale. Launches on a larger scale are expected to continue later this year.

Schulte Roth & Zabel (SRZ) is pleased to announce the addition of Michele E. Williams as a partner and co-chair of the Real Estate Group, resident in the firm’s Washington, DC office. She joins SRZ from Sheppard, Mullin, Richter & Hampton.

Mishcon de Reya has announced that Neil Baylis will join the firm's Competition Group as a partner on 18 March 2019.

Neil was previously a partner at K&L Gates LLP, heading the firm's Competition and Trade Regulation Group in London. He specialises in all aspects of EU and UK competition law, as well as giving advice on commercial, regulatory and procurement issues. He has experience across a broad range of sectors, most notably in automotive, sports, manufacturing and travel.

New York—Dentons, the world's largest law firm, announced that Robert M. Wasnofski, Jr. joins the Intellectual Property and Technology practice as a partner in its New York office. He will be an integral part of the Firm’s team of lawyers in respect to securing and protecting intellectual property rights, with an emphasis on trademark, unfair competition, false advertising and copyright litigation.

Leading international law firm Clifford Chance is strengthening its capital markets team with the hire of Sullivan & Cromwell lawyer Philipp Klöckner, who will join the partnership in May 2019. Philipp will work alongside the team's well-respected US partner, George Hacket in Frankfurt, in an expansion of the firm's regional Equity Capital Markets (ECM) practice.

Allen & Overy announced Nick Robinson has joined the firm’s securitization and structured finance practice as a partner based in New York. Nick joins from Milbank LLP where he practiced for almost 15 years, most recently serving as Special Counsel in the Alternative Investments Practice.  

King & Spalding advised the Puerto Rico Electric Power Authority (“PREPA”) in the negotiation of a fuel supply and facility conversion agreement with New Fortress Energy LLC affiliate NFEnergía LLC (“NFE”), providing for the supply of natural gas and conversion of two of PREPA’s electric generating facilities.

Milbank LLP advised ICBC in connection with a credit facility to PetroRio, a Brazilian oil company, through an export pre-payment agreement, in a transaction that closed on March 1, 2019.

ICBC based the credit assessment on an offtake agreement that PetroRio has with Chinese oil company Petro China.  PetroRio will use a portion of the proceeds from its sale of crude oil to Petro China to pay off the loan from ICBC. Petro China is one of China’s largest oil companies and is the listed arm of state-owned China National Petroleum.

Orrick advised Societe Generale and Allianz Global Investors in connection with the public-private partnership project of the "Metropole Nice Cote d'Azur" regarding the design, construction, financing, maintenance, major maintenance and renewal for 35 years of the new "Marche d'interet national" (National Interest Market, similar to the famous Rungis International Market in Paris) of the city of Nice, transferred to La Baronne in La Gaude.