Integrites and K&L Gates have advised Norwegian utility-scale wind power developer NBT and Paris-based renewable energy independent power producer Total Eren on their entrance into a framework agreement with a syndicate of foreign lenders, including EBRD and the Nordic Environment Finance Corporation, for the construction of one of the largest wind farms in Europe. Redcliffe Partners and Clifford Chance advised the lenders and J.P. Morgan Securities Plc as debt coordinator.
Clifford Chance has advised IHI plc, owners of the Corinthia Hotels Group, on the acquisition of a property at 10, Tverskaya, in Moscow, related to the recently announced Corinthia Hotel & Residences project in Moscow. The Moscow office of Bryan Cave Leighton Paisner reportedly advised the seller, Cyprus's Barlands Holdings Limited.
Dentons has advised the Czech Republic's Sev.en Energy on an agreement to acquire a 50 percent stake in the multinational energy company, InterGen N.V. from the Canadian Ontario Teachers’ Pension Plan. Clifford Chance advised the sellers on the deal, which is expected to close in the next few months, subject to the approval of the relevant EU and Australian authorities.
Clifford Chance has advised Mid Europa Partners and its recently acquired portfolio company Hortex on the conditional agreement to purchase Jurajska from Bewa. Weil Gotshal & Manges advised Bewa on the transaction, which remains contingent on the consent of the Office of Competition and Consumer Protection, expected to come in the first quarter of this year.
Kinstellar, Shearman & Sterling, and Radonjic Associates have advised Masdar on its acquisition of a 49% share in Krnovo Green Energy from a subsidiary of Akuo Energy. Cleary Gottlieb Steen & Hamilton and Karanovic & Partners advised Akuo Energy, while Allen & Overy acted as general counsel for the lenders.
Cobalt has advised Lithuania’s second largest television and Internet services provider, UAB Cgates, on its acquisition of telecommunications company Splius. CEE Attorneys advised the shareholders of Splius on the transaction, which remains subject to the approval of the Lithuanian Competition Council. The transaction value was not disclosed.
CHSH Cerha Hempel Spiegelfeld Hlawati and Cleary Gottlieb Steen & Hamilton have advised OMV on the acquisition of a 15% share in Abu Dhabi Oil Refining Company and a 15% share in a to-be-established trading joint venture involving the Abu Dhabi National Oil Company. Ashurst reportedly advised ADNOC and ADNOC on the deal.