Ashurst has advised the lenders on the £344 million refinancing of Octopus Energy Investments’ (‘Octopus’) UK onshore wind portfolio – one of the first long tenor, fully amortising facilities in the renewable energy sector to accommodate such flexibility to borrow against new assets. The refinancing incorporates a flexible ‘accordion’ and additional debt features which allows […]
Ashurst has advised the Department for Business, Energy & Industrial Strategy on a commercial agreement with British Steel Limited, the second-largest steelmaker in the UK. The short term bridge was valued at approximately £120 million. The agreement has been entered into to enable British Steel to comply with its 2018 obligations under the EU Emissions […]
Proskauer advised One Peak on the transaction. Proskauer was assisted by Kochanski & Partners which provided advice on Polish law aspects of the transaction. One Peak, a specialist private equity firm investing in growth stage technology and tech-enabled companies in Europe, acted as lead investor on DocPlanner’s Series E funding round. It provides growth capital […]
Ashurst has advised Newcrest Mining Limited (‘Newcrest’) on the sale of its gold exploration assets in Cote d’Ivoire to Roxgold Inc. for $30 Million. Roxgold paid Newcrest upfront consideration of $20 million cash on completion. Roxgold has also agreed to a deferred payment of $10 million cash contingent on first gold production from the portfolio. […]
Heuking Kühn Lüer Wojtek and PKF Fasselt Schlage advised on the deal Fronttrail Equity Partners executed the acquisition of a significant minority stake in Aachen-based software specialist aixigo AG. The stake was acquired from the existing shareholders by way of a combination of share purchase and capital increase in the tens of millions of euros. […]
Heuking Kühn Lüer Wojtek advised Marondo Capital on the deal Marondo Capital, headquartered in Munich and Stuttgart, executed the acquisition of a majority stake in Oxid eSales AG, based in Freiburg im Breisgau, and supported the transaction. By acquiring the simple majority of the shares, Marondo Capital intends to assist Oxid eSales AG in expanding […]
HSBC REIM, acting on behalf of SCPI Élysées Pierre, finalised the acquisition in the future state of completion of the Native building from Codic. The building, which is scheduled for delivery in November 2021, will be situated in Saint-Quentin-en-Yvelines. The Native building, which is already 85% pre-leased by Orange, will develop a surface area of […]
Milbank LLP advised eir in connection with the offering of €750 million aggregate principal amount of 3.50% Senior Secured Notes due 2026 (the “2026 Notes”) and the introduction of a new €400 million term loan facility under its senior facilities agreement (“New eir Financing”). In addition to the New eir Financing, eir successfully launched an […]
PwC TLS Avvocati e Commercialisti advised European Energy AS, a top tier player in the wind and photovoltaic energy market, in the acquisition (through an Italian subsidiary) of the whole corporate capital of no. 3 SPVs owning a project for the construction of a photovoltaic plant with an overall expected capacity equal to 20 MW. […]
Latham & Watkins and Rebaza, Alcázar & De Las Casas advised on the deal Selina, one of Fast Company’s 2019 Most Innovative Companies, has raised $100 million in a Series C financing round, bringing the company’s total funding to $225 million to date. Led by Access Industries, with participation from Grupo Wiese and existing investors […]
Clifford Chance has advised Oldenburgische Landesbank (OLB) on the acquisition of a loan portfolio of 2,655 loans from Erste Abwicklungsanstalt. OLB and EAA concluded a purchase agreement for a portfolio of 2,655 real estate loans. The parties plan to complete the purchase agreement at the end of the third quarter of 2019. The Clifford Chance […]
Heuking Kühn Lüer Wojtek advised onoff Aktiengesellschaft on the transaction onoff Aktiengesellschaft executed its listing of shares in the m:access quality segment of Munich Stock Exchange’s OTC market. The capital market law team advised on drafting the securities prospectus on which the listing was based. mwb fairtrade Wertpapierhandelsbank AG acted as issuing expert. Munich Stock […]
