DLA Piper has advised Asia’s largest independent renewable energy developer Equis Energy (Australia) Pty Ltd (Equis) on the development of a 127 MW Solar Farm and 132/3Kv Substation at Tailem Bend, South Australia.

Financial close was achieved on 14 February 2018, and construction of the project by UGL Engineering will commence shortly. The AU$200 million project will be the biggest solar array in South Australia, with 400,000 solar panels spread across 200 hectares.

Allen & Overy is advising EG Group on the acquisition of the going concern consisting of more than 1,100 Esso branded service stations located throughout Italy from Esso Italiana S.r.l., an ExxonMobil Group company. The acquisition includes a long-term supply agreement for the Esso fuel brand in Italy.

Through this acquisition, EG Group will enter the Italian market for the first time and further expand its branded retail network, both fuel and non-fuel.

Dentons' Real Estate team in Warsaw has advised Union Investment, the Hamburg-based real estate investment manager, on the acquisition of Holiday Inn Warsaw City Centre. The hotel was acquired for the portfolio of UniImmo: Deuschland from UBM.

Opened in December 2017, Holiday Inn Warsaw City Centre comprises 256 rooms, and its architecture is inspired by New Yorks's Flatiron Building. The modern building is conveniently located, in the heart of Warsaw, in the immediate vicinity of several business centers, a shopping mall, and the central railway station.

Berwin Leighton Paisner (BLP) has advised Macquarie Capital (Macquarie) on the introduction of EnBW Energie Baden-Württenberg AG (EnBW) to its partnership with Swancor Renewable (Swancor) to jointly develop 2-GW of offshore wind projects in Taiwan, known as the Formosa III project.

Completion of the transaction is subject to a number of conditions precedent, including Taiwan Investment Committee approvals.

Norton Rose Fulbright has advised MICRODYN-NADIR, the water treatment business unit of global filtration leader MANN+HUMMEL on the acquisition of OLTREMARE, a leading European manufacturer of spiral-wound membrane elements. OLTREMARE, based in Fano, Italy, is known for both the production of custom and private-label spiral products and the distribution of reverse osmosis, ion exchange.

DLA Piper has advised Asia’s largest independent renewable energy developer Equis Energy (Australia) Pty Ltd (Equis) on the development of a 127 MW Solar Farm and 132/3Kv Substation at Tailem Bend, South Australia.

Financial close was achieved on 14 February 2018, and construction of the project by UGL Engineering will commence shortly. The AU$200 million project will be the biggest solar array in South Australia, with 400,000 solar panels spread across 200 hectares.

DLA Piper represented Sole Source Capital, an investment firm focused on the industrial, materials and energy sectors, in its acquisition of a majority interest in Premier Flow Control, LLC, a leading oilfield service provider in the Permian Basin.

Premier Flow Control offers a number of services, including flowback and well testing, nitrogen services, and equipment rental.

Ashurst is advising Arla Foods on its proposed acquisition of Yeo Valley Dairies Limited, a subsidiary of Yeo Valley Group Limited. The transaction, which announced on 8 February, will give Arla the rights to use the Yeo Valley brand in milk, butter, spreads and cheese under an intellectual property licence. The Yeo Valley yogurt, ice cream, cream and desserts business will continue to be run independently by the Yeo Valley Group.

Ashurst is advising Rothschild in relation to the £46 million recommended cash takeover of Stadium Group plc by TT Electronics plc.

Norton Rose Fulbright has advised Al Rayan Bank Plc (Al Rayan) on a £250 million Shariah-compliant securitisation of home purchase plans (HPPs). The firm acted as structuring and documentation counsel.

The transaction, Tolkien Funding Sukuk No. 1 Plc (Tolkien), is the first Shariah-compliant public HPP backed securitisation in the UK. It is also the first public securitisation in the UK to be issued under the UK’s “alternative finance arrangements” regime designed to facilitate Shariah-compliant securitisations.