Gilbert + Tobin is pleased to have advised Jadestone Energy Inc. (AIM: JSE, TSXV:JSE) (Jadestone) on its acquisition of the Montara oil project (Montara) from PTT Exploration and Production Company Limited (PTT) which completed on 28 September 2018.
We advised Statkraft on its acquisition of wind development business in Ireland and the UK, Element Power Ireland Ltd and three UK project companies. Statkraft acquired 100 per cent of the shares in Element Power’s Irish and UK subsidiaries (excluding Greenlink Interconnector Limited) from Element Power’s principal owner Hudson Clean Energy Partners AIV LP.
Key contacts
Valerie Lawlor
Rory O'Malley
Alan Heuston
We advised Bankinter S.A. on the Irish aspects of the acquisition of the banking operations of EVO Banco S.A.U. and its Irish consumer credit card subsidiary Avantcard. This deal is still pending regulatory approvals.
Key contacts
John Cronin
David Lydon
Darragh Murphy
Garreth O'Brien
Travers Smith LLP has assisted its long-standing client, Euroclear UK and Ireland (EUI), on the successful launch of a new service for US dollar securities transactions under a central bank payment model (the US Dollar Service).
EUI is the central securities depository (CSD) for the United Kingdom and Ireland. It provides state-of-the-art, post-trade services for UK, Irish and international securities on a delivery-versus-payment (DvP) basis in sterling, euro and US dollars.
Orrick Paris advised Principal Real Estate in acquiring the 8,100-square-meter Silly 1 building, located at 161 Rue de Silly in Boulogne-Billancourt, near Paris. Principal Real Estate acquired the property on behalf of one of its German funds to SCPI Ufifrance Immobilier, managed by Primonial REIM.
The nine-story office building has been occupied since 1992 by the French subsidiary of the German group Henkel.
Sarah Fleury led our team, with assistance from Anne-Sophie Kerfant and Margaux Azoulay on tax aspects.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Neptune Energy Group (‘Neptune Energy’) on the acquisition of 100 per cent of the shares of VNG Norge AS (‘VNG Norge’) from VNG AG, the German natural gas wholesaler and energy service provider. The transaction closed on 28 September 2018.
Global law firm Norton Rose Fulbright has announced that four new partners will be joining its Canberra practice, bolstering the national government team by adding a wealth of experience advising government departments and agencies on major infrastructure, procurement projects and governance issues.
The new partners are Holly McAdam, Richard Morrison and Martin Taylor from Sparke Helmore Lawyers, and Catherine Whitby from Clayton Utz. Holly will lead the Canberra office and team. The four new partners are expected to begin this calendar year.
On 27 September 2018, BAIC BluePark New Energy Technology Co., Ltd. (“BAIC BluePark”) completed the split share reform and major assets restructuring of Chengdu Qianfeng Electronics Co., Ltd., one of the last two split-share structured companies in China’s A-share market. Since the launch of its non-tradable share reform program in January 2007, Qianfeng had been proceeding with the reform for more than a decade.
Global law firm White & Case has advised the Commonwealth Bank of Australia and Société Générale, Singapore Branch, as mandated lead arrangers, underwriters and bookrunners, on a US$120 million reserve-based term facility provided to Jadestone Energy (Eagle) Pty Ltd (a wholly owned subsidiary of Jadestone Energy Inc.) for the acquisition of the Montara offshore oil project (including FPSO).
Milbank, Tweed, Hadley & McCloy LLP has advised Bracken Midco1 plc (the Issuer) on the offering of its £350 million aggregate principal amount of 8% / 10% Senior PIK Toggle Notes due 2023.
The proceeds from the offering have been used, among other things, to refinance the Issuer’s Senior PIK Toggle Notes due 2021 issued in November 2016, to provide its shareholder with the funds required to redeem its outstanding loan notes and to make a distribution to its shareholder.