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MinterEllison advises Commercial & General on establishment of A$130.5m Logistics Property Joint Venture

25 Sep 2018

MinterEllison has acted for Commercial & General, who has partnered with Straits Real Estate Pte. Ltd (a wholly owned subsidiary of SGX-listed The Straits Trading Company Limited, SGX:S20) to launch an unlisted logistics real estate platform.

The seed assets of the platform, collectively worth approximately A$130.5 million, are to be managed by a newly created investment manager, ILP Managers Pty Ltd, a 50-50 joint venture between Commercial & General and Straits Real Estate.

McCann FitzGerald advises Greencoat Renewables in the acquisition of Knocknalour Wind Farm

25 Sep 2018

We advised Greencoat Renewables (Greencoat) on its acquisition of Knocknalour wind farm in Co Wexford for €10.9 million.  The acquisition was funded by Greencoat’s €250 million revolving credit facility.

McCann FitzGerald has previously advised Greencoat on its acquisition of Lisdowney Wind Farm and Dromada More Wind Farm.  We also advised on its 2017 IPO and subsequent €111 million share placing.

Gide advises the Government of Senegal and SENELEC on the 158.7 MW Taïba N'Diaye wind farm

25 Sep 2018

Gide has advised the Government of Senegal and SENELEC on a 158.7 MW wind farm in Taïba N'Diaye, which has reached financial close in August 2018.

Located 70 km north of Dakar, the Taïba N'Diaye power plant will be the largest wind farm in West Africa to date. It demonstrates the willingness of the Government of Senegal to increase renewable energy production and to diversify the country's energy mix to meet Senegal's rapidly increasing energy demand. The project will save over 300,000 tonnes of CO2 emissions into the atmosphere per year.

PARTNER MOVES - Pinsent Masons appoints TMT specialist in Düsseldorf

25 Sep 2018

International law firm Pinsent Masons has appointed Dr Marc Salevic in Düsseldorf to strengthen its Technology, Media and Telecommunications (TMT) team across Germany.

Marc Salevic will advise German and international companies, in particular energy suppliers and municipal utilities as well as local authorities in the area of regulation, especially in broadband network expansion, smart grids and smart metering. His focus is on the energy and telecommunications sectors.

Marc joins from PwC Legal.

PARTNER MOVES - Travers Smith recruits Sebastian Reger as a partner

25 Sep 2018

Travers Smith LLP has announced the recruitment of Sebastian Reger, who joins the firm as a partner on 1 October.

Sebastian Reger started his legal career at Freshfields, where he practised between 2004 and 2013. He joined pensions boutique Sackers in 2014, and was promoted to partner in 2015. He is widely regarded as a leading derivatives and structured products lawyer, with a particularly strong reputation in the pensions sector.

Allen & Overy advises on Santander Bank Polska S.A.'s debut issue of Eurobonds

25 Sep 2018

Allen & Overy advised Santander Bank Polska S.A. on the issue of its EUR 500,000,000 Eurobonds.

This was Santander Bank Polska S.A.'s first ever issue of Eurobonds. Santander acted as Sole Arranger of the Programme and Sole Bookrunner on the bond issuance. J.P. Morgan and PKO Bank Polski acted as Joint Lead Managers (no-books). The Eurobonds will be listed on Euronext Dublin.

Allen & Overy advises DPI on the acquisition of majority stake in CMGP

25 Sep 2018

CASABLANCA – Allen & Overy (A&O) advised the private equity firm Development Partners International LLP (DPI) on the acquisition of a majority stake in Compagnie Marocaine de Goutte à Goutte et de Pompage (CMGP).

This transaction is considered as the biggest private equity deal in Morocco so far in 2018, according to data from the Emerging Markets Private Equity Association.

Clifford Chance advises Mann Group on sale of Alte Oper office building in Frankfurt

25 Sep 2018

The international law firm Clifford Chance advised the Mann Group, Karlsruhe, on the sale of the office building at the Alte Oper (BAO) in Frankfurt to a fund managed by Tishman Speyer.

The parties have agreed not to disclose the purchase price. The sale still has to be approved by the antitrust authorities.