This is the first occasion when 100% of the equity in a container box ABS has been sold to third-party investors and only the second time that any equity in a container box ABS has been sold to third party investors.
The ship, which was acquired by Megaride in 2021 as part of a restructuring agreement with Perseveranza S.p.A. di Navigazione group, was sold at her market price, enabling DeA to exit the dry-bulk sector.
WFW advised on matters of English, French, German, Marshall Islands and Hong Kong law, with five offices involved in the transaction.
This is the first time FINAV Group have refinanced a vessel and represents a fundamental first step in the reorganisation and optimisation of their group financial structure.
The plants, with total capacity of approximately 55 MW, will be located in the municipalities of Tessennano and Viterbo and are owned by Tayan Energy.
Madrid-based Elawan is a leading company in the European renewables sector with a long-standing track record in development, financing, constructing and operating its own power plants worldwide.
Through this acquisition, novotegra will increase sales in existing distribution channels, as well as launch a new product range across multiple international markets through the combined sales and logistics strength.
Pyx has been listed on the National Stock Exchange of Australia, which will remain its primary listing, since February 2020.
The acquired portfolio includes a diversified portfolio of 15 equity joint venture investments, consisting of a fleet of circa 76 high-quality vessels within the product/chemical tanker, dry bulk, LPG, container and offshore services segments.
The refinancing of Deutsche Bucht offshore windfarm that WFW advised on, has won the Top Refinancing award at inspiratia’s Energy and Sustainability Awards.