DLA Piper has advised the Italian energy company ERG SpA on its acquisition, from Vortex Energy Group, of Windpark Linda GmbH & Co KG, holder of project rights for a 21.6-MW wind project in the district of Wittenberg, Germany, as well as in connection with the associated project development documentation and the construction contract.

The acquisition was made by ERG’s subsidiary in Germany, ERG Windpark Beteiligungs GmbH. The involved parties have agreed to treat the purchase price confidential.

DLA Piper represented the landlord in the negotiation of a lease expansion agreement that resulted in over 214,000 rentable square feet being leased to SPS Commerce at 333 South Seventh Street in Minneapolis and the building being renamed SPS Tower.

The 31-story building is a renowned fixture in the Minneapolis skyline and one of the prime buildings in the city's famed central business district. The landlord is a public pension fund with over $200 billion in assets and is advised by the international investment management company CBRE Global Investors.

Dentons assisted GPW Benchmark in preparing the new documentation for the WIBID (Warsaw Interbank Offer Bid Rate) and WIBOR (Warsaw Interbank Offered Rate) reference rates which will be effective as of February 1, 2018.

The documentation includes the WIBID and WIBOR Reference Rate Rules and the WIBID and WIBOR Fixing Participant Code of Conduct, which governs relations between GPW Benchmark and the banks participating in the reference rates fixing. Full documentation is available at GPW Benchmark.

International law firm Bird & Bird has advised Joh. Berenberg, Gossler & Co. KG as sole global bookrunner on a successful placing of new Ordinary Shares for XLMedia Plc, raising gross proceeds of £31.7 million. The placing was oversubscribed and was carried out by way of an accelerated bookbuild. The admission of the new Ordinary Shares to trading on AIM will take place on 22 January 2018.

XLMedia, a leading provider of digital performance marketing, will use the proceeds from the placing to fund future acquisition opportunities.

Ashurst advised Natixis Pfandbriefbank AG (Natixis) on financing the acquisition of landmark office building "Schicklerhaus" in Berlin-Mitte by Austrian SIGNA Group. The property was sold by Tristan Capital Partners. The parties have agreed not to disclose the purchase price and financing volume.

CASABLANCA –Allen & Overy advised Travaux Généraux de Construction de Casablanca (TGCC) on a MAD 550 million (approximately EUR 50 million) equity investment in its share capital by MC II Concrete Ltd (MC II), an investment vehicle of Mediterrania Capital Investment Fund.

A team led by Dr. Pär Johansson from Heuking Kühn Lüer Wojtek’s Cologne office advised German investment firm Odewald KMU II, which specializes in medium-sized businesses, on the acquisition of Langer & Laumann Ingenieurbüro GmbH from Nordwalde.
 
Langer & Laumann Ingenieurbüro GmbH specializes in installing and modernizing door drives for elevators and safety doors on or in machinery. Its managing majority shareholders reinvested their interests as part of the transaction and will continue to manage the group.
 

The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised funds managed by VR Equitypartner GmbH, Granville and Baird Capital in relation to the debt financings aspects of the sale of their investments in ZARGES Group to WernerCo, a portfolio company of Triton Partners. The parties have agreed not to disclose the purchase price.

ZARGES Group, headquartered in Weilheim, Bavaria, is an internationally operating, leading producer of access technology and logistics equipment made of aluminium, in particular for professional trade and industry sectors.

Fried Frank represented Sberbank in a successful challenge against an application made to the High Court by the International Bank of Azerbaijan (the “IBA”), pursuant to which the IBA sought an order for a permanent moratorium against creditor action in England and Wales. The application related to the voluntary restructuring of the IBA in Azerbaijan.
 

Global law firm White & Case LLP has advised the senior lenders to Chow Tai Fook Enterprises (CTFE) on the financing of its acquisition from Engie and Mitsui of the 1,000MW brown coal-fired power plant Loy Yang B in Victoria, Australia.