WFW advises on structuring of and financing for French hybrid solar plant projects
WFW also advised Bpifrance, La Banque Postale and Crédit Coopératif as lenders on the €16m debt financing.
WFW also advised Bpifrance, La Banque Postale and Crédit Coopératif as lenders on the €16m debt financing.
The transaction involved the sale of 34,600,780 CHESS depositary interests (“CDIs”) representing ordinary shares in the capital of Adriatic.
The sold portfolio consists of eight projects located in northern France in areas selected specifically for high wind speeds, all with tier-1 manufacturers and full-service contracts.
The aim is to improve the charging infrastructure for electric and plug-in hybrid fleets whilst reducing operating costs and simultaneously making an impactful contribution to climate neutrality.
The transaction involved drafting of a margin adjustment mechanism based on carbon intensity rating as an incentive for the owners to reduce the carriers’ carbon emissions.
The three year short-term loan will finance the development of a 600 MW portfolio of 14 photovoltaic projects in the Lazio, Tuscany and Apulia regions.
WFW advised on all aspects of the transaction, including structuring and the purchase agreements for both new build rolling stock and an existing pool of locomotives purchased by Nexrail.
Global renewable energy platform Vortex will invest over €625m into Ignis through its newly launched Vortex Energy IV Fund.
CST has acquired 100% of the shares in Marinvest and its managed fleet consisting of five modern dual-fuel methanol carriers.
The assets acquired comprise Shell Egypt’s interest in 13 onshore concessions and its share in the Badr El-Din Petroleum Company.