Watson Farley & Williams (“WFW”) advised French renewables developer Total Eren and its Greek subsidiaries on a €200m Greek law cross-collateralised bond loan refinancing of three project companies, holding four operating wind farms and seven PV projects with a combined capacity of 157 MW with Eurobank Ergasias and Alpha Bank. Eurobank Ergasias acted as bondholder agent.
Pinsent Masons advises John Laing on its first wind energy investment in Tasmania
International law firm Pinsent Masons has advised John Laing on its 49.8% stake in the Granville Harbour Wind Farm
International infrastructure investor John Laing has secured a 49.8% investment in the 112Megawatt Granville Harbour Wind Farm in Tasmania, Australia. The acquisition forms part of the company’s growing renewable energy portfolio in the region.
Leading law firm Herbert Smith Freehills has advised Enertrag, leading German developer, on the sale of Project Goudelancourt, a 16.8MW wind farm located in Northern France to Glennmont Partners, one of Europe’s largest clean energy investment specialists. The wind farm was developed and is currently under construction by Enertrag.
Gide has advised Casino Group on the final disposal of a portfolio of 67 Monoprix real estate assets, for an overall amount of 742 million euros.
Following the synallagmatic agreements signed on 28 September and 17 October 2018, Casino Group has just announced it has finalised, with groups Generali and AG2R La Mondiale, the disposal operations on respectively 53 and 14 Monoprix real estate assets. After deducting registration fees, the net worth of these transactions is 742 million euros, for an annual rent payable by Casino of 35.4 million euros.
Clifford Chance has advised Commerzbank Aktiengesellschaft on the sale of the office building "Vitreum" to South Korean investor Hana Financial Investment. The office building is located in Eschborn near Frankfurt am Main. United Partners (Korea) and Hines acted as investment manager for the buyer in the so-called sale-and-lease-back transaction.
Osborne Clarke has advised DTCP (Deutsche Telekom Capital Partners) on an investment in Pipedrive Inc. The investment brings Pipedrive’s Series C round to a total of USD 60 million. This follows on from a mid-June consortium which invested USD 50 million in the software start-up.
International law firm Pinsent Masons has advised on the project financing of a second 330MW coal-fired power station in Pakistan, using coal from the adjoining Thar Block II mine.
Pinsent Masons acted for Thar Energy Limited, the power stations developer, which when up and running will be critical in helping Pakistan address its electricity shortage. It is one of the biggest major project financing agreements under the Belt and Road China-Pakistan economic corridor, which covers $46 billion worth of infrastructure projects.
CMS Belgium assisted OraSure Technologies, a US company listed on NASDAQ and a leader in the medical device industry, in connection with its acquisition of Novosanis NV, a Belgian company active in the medical device industry, initially founded as a spinoff company from the University of Antwerp.
The CMS team that assisted OraSure included Vincent Dirckx, Carl Leermakers, Benoît Vandervelde, Guillaume Beauthier and Philippe Hendrickx.
Macfarlanes has advised the Wimbledon Park Golf Club Limited, a company limited by guarantee, on the £65m sale of the club to the All England Lawn Tennis Ground plc, as part of the tennis club’s ambitious plans to triple the size of its complex.
The transaction was structured as a scheme of arrangement under the Companies Act 2006, with each member receiving approximately £85,000 in cash (with a loan note alternative available for up to £60,000).
London – Paul Hastings LLP, a leading global law firm, announced today that it has represented North Technology Group, a global market leader in sails and spars, and its private equity investor Oakley Capital, on its acquisition of MBrands International B.V, operating under the well-known watersports brand, Mystic.
Mystic is a pioneer in kiteboarding, wakeboarding and windsurfing apparel and equipment. The full company announcement is available here.