Baker Botts L.L.P., a leading international law firm, announced today that it represented Upside Energy (“Upside”) in Series A investment by SYSTEMIQ, Legal & General and Modern Energy.

Upside is a Manchester-based company that has developed a cloud platform that uses advanced algorithms and artificial intelligence to coordinate connected devices to deliver valuable flexibility services to the energy system.

A Bryan Cave M&A and private equity team, led by Frankfurt Office Managing Partner Tobias Fenck, recently advised a former material stakeholder of IntelliShop AG in the course of a management buyout by investment firm IMCap GmbH. IMCap now owns the majority stake in IntelliShop AG, the leading producer of software solutions for B2B eCommerce. The parties involved have agreed to not disclose any information on the purchase price or further terms of the transaction.

A Bryan Cave M&A and private equity team, led by Frankfurt Office Managing Partner Tobias Fenck, recently advised a majority shareholder of JobRouter AG, headquartered in Mannheim, Germany, on the sale of a majority participation to the private equity company Main Capital. The new investor provides the company new growth capital. The goal of the investment is the development of the business model for BPM and document management, international expansion as well as strategic add-on acquisitions.

Davis Polk advised the sole global coordinator, sole bookrunner and sole lead manager on a Regulation S only offering of $100 million 6.95% senior notes due 2022 (to be consolidated and form a single class with the $200 million 6.95% senior notes due 2022 issued on July 5, 2017 after the SAFE Completion Event with respect to both the original notes and the new notes has occurred) by Prime Bloom Holdings Limited, a wholly owned subsidiary of Shandong Ruyi Technology Group Co., Ltd., guaranteed by Shandong Ruyi and Forever Winner International Development Limited.

DLA Piper announced today that it counseled a private development team affiliated with Civic Health Development Group (CHDG) in the acquisition, through long-term ground leases, of the Old Cook County Hospital on Chicago's West Side.

The 99-year leases became effective December 31, 2017. They commit the developer to finalizing development and construction plans for the historic building into a combination of residential, retail and office space, through its first phase of redevelopment, with the goal of beginning restoration work in summer 2018.

DLA Piper has advised Finnish private equity firm Sentica Partners on the acquisition of a majority stake in demolition and recycling businesses Purkupiha and Dammega. Sentica’s investment will help the group to establish itself as a leading business in its sector.

DLA Piper has advised Finnish private equity firm Sentica Partners on the acquisition of a majority stake in demolition and recycling businesses Purkupiha and Dammega. Sentica’s investment will help the group to establish itself as a leading business in its sector.

Clifford Chance advised Shell, Diamond Generating Europe (a subsidiary of Mitsubishi Corporation) and Eneco as sellers on the sale of a 45% stake in the 731.5 MW Dutch offshore wind farm project Borssele III/IV to funds managed and/or advised by Partners Group, a global private markets investment manager, constituting half of each seller's current stake in the project. Upon completion of the transaction, Partners Group will become the largest shareholder in the current consortium of investors consisting of Shell, Diamond Generating Europe, Eneco Group and Van Oord.

Osborne Clarke has advised investment manager Triple Point on the disposal of a portfolio of four operational solar farms with an aggregate capacity of 34.5MW.

The solar parks are expected to generate revenues of over EUR 4.4 million annually. All are located in the South of England and benefit from Renewables Obligation Certificates (ROCs), which provide support for a period of 20 years. Power from the parks will be sold under a long-term power purchase agreement (PPA).

Watson Farley & Williams (“WFW”) has advised independent insurance intermediary Global Risk Partners Ltd (“GRP”) on its acquisition of the Crewe-based County Group. GRP’s second major acquisition of 2018, the deal has received regulatory approval and the consideration is undisclosed.