The agreement, which has a total value of more than €250m, guarantees the stable continuation of the company’s activity, which has been active in the shipping market for four generations.
Headquartered in Turin, Fergas is the owner of a single authorisation for the construction of a solar plant in Basilicata with a capacity of 20MW.
The bonds are subject to English law and were subscribed to by two institutional investors through a private placement. They listed on the Quotation Board of the Frankfurt Stock Exchange.
The parties have now amicably settled all their disputes, with Jiangsu Guoxin to pay Precious US$40.5m (as announced to the parties’ respective listing authorities).
Dispute resolution expert Marcus Dodds has joined the firm as a Partner in London. He was previously a Partner at Reed Smith, where he was Co-Head of the LNG and offshore groups.
“Whilst we expect the ongoing macro-economic challenges triggered by the COVID-19 pandemic to impact our business this year, we have undertaken a series of measures to mitigate this impact and we remain confident that our strategy of sector-focussed, quality growth will continue to serve the firm well going forward”.
The firm continues to top inspiratia’s global renewables table by deal count and gains eight first place rankings in Inframation.
The scheme gives legal sanction to an agreement between NAC and its creditors that grants security over 236 aircraft, held by Wilmington Trust in its capacity as security trustee.
This landmark transaction was financed on a long-term, non-recourse basis and marks the largest lease-funding platform for distributed energy in the GCC. (Image © 2020 SirajPower)
In mid-May 2020, Bloxwich was used to provide upward and downward reserve flexibility to National Grid in the UK’s first of its kind trial using a battery.