ROME – International law firm McDermott Will & Emery has represented Istituto per il Credito Sportivo (ICS) in connection with  €150 million framework loan agreement with the Council of Europe Development Bank (CEB) to support the financing of sports facilities in Italy.

The signing ceremony was hosted in Rome’s Palazzo Chigi, the official residence of Italy’s Prime Minister, in the presence of the Secretary of State On. Giancarlo Giorgetti.

Maxburg acquired all shares of KGS.

Orrick Advises Capital Transmission in LBO Acquisition of Cronite

Our Paris team advised Capital Transmission in the LBO acquisition of Cronite, a French furnace equipment manufacturer.

This spin-off is made possible by majority investor Ciclad Gestion, alongside several minority co-investors, including Capital Transmission, Qualitas, IPF and MBTradinvest.

Our team included Guillaume Kessler and Caroline Pucel.

Gide advised the Dealers, Banque Degroof Petercam and Invest Securities, on the Euro PP by Financière Apsys of its EUR 39.2 million due November 2023 combining a EUR 29.2 million bond issue and a EUR 10 million loan. The notes are admitted to trading on Euronext Access Paris.

Gide's team was led by partner Hubert du Vignaux, assisted by senior associate Bastien Raisse and associate Laure Bellenger.

Financière Apsys was assisted by De Pardieu Brocas Maffei.

Clayton Utz has advised Osmose Utilities Services, Inc., a company owned by New York-based private equity firm Kohlberg & Company, on its successful acquisition of Logsys Power Services Pty Ltd, a provider of services for electric utilities in Australia and New Zealand, based in Perth, Western Australia.

Clayton Utz corporate partner Mark Paganin and special counsel Stephen Neale led the firm's team with key support from Benjamin Depiazzi.

International law firm Ashurst has advised the University of Melbourne on a 40-year student accommodation agreement with specialist global investment manager, AMP Capital, through its AMP Capital Diversified Infrastructure Trust.

Arsenal invests in 3MW battery to support UK’s low carbon plans

Burges Salmon has advised funders Downing LLP and project developer Pivot Power on the installation of a behind-the-meter battery storage system (BSS) at Emirates Stadium.  The battery will store enough energy to run Emirates Stadium from kick-off to full time on match days. The 3MW/3.7MWh BSS, the first at a UK football club and one of the largest at any sports ground in the world, will bring immediate benefits to the club, cutting electricity bills and supporting a low-carbon grid.
 

International law firm Clifford Chance has advised a syndicate of banks consisting of CIFI (lender and arranger), Banco Ciudad de Buenos Aires, Banco Itaú Argentina and Compañía Española de Financiación del Desarrollo COFIDES in connection with the financing of an 18 MW Biomass Plant located in the province of Corrientes, Argentina, using a multijurisdictional team of lawyers coordinated from Madrid and led by José Guardo, head of the Spanish Banking and Finance practice area, and Epifanio Pérez, partner of the Banking and Finance practice ar

Dentons acted as legal counsel to DTEK Renewables B.V. on the signing of a contract with General Electric regarding the supply of 26 modern wind turbines for the second phase of Prymorska wind farm. This additional equipment doubles Prymorska’s generating capacity to the 200 MW, and the total sum of investments is estimated at €150 million.

A team led by Hogan Lovells’ Silicon Valley office has advised Autodesk in the US$875 million acquisition of privately-held construction software group PlanGrid, a deal announced by both companies yesterday.