WFW advises Genco on en bloc asset swap
We advised Genco Shipping & Trading Limited on a fleet-for-fleet asset swap, exchanging six Handysize vessels for three modern, eco Ultramax bulk carriers with a trading partner.
We advised Genco Shipping & Trading Limited on a fleet-for-fleet asset swap, exchanging six Handysize vessels for three modern, eco Ultramax bulk carriers with a trading partner.
The acquisition provides a portfolio of operated renewable energy opportunities in South East Asia totalling 4 GW, initially focusing on two high graded opportunities in the Philippines.
The first Italian court decision on the legitimacy of the imposition of public service obligations on the air traffic sector under Regulation (EU) No 1008/2008 is expected in May 2021.
This continues the cooperation between WFW and Star Bulk, previously advising them in 2018 on the acquisition of multiple vessels from both Augustea and E.R. Schiffarts and the 2019 acquisitions from Delphin.
Greencells has acquired shares in several Dutch SPV energy companies, with a combined c. 79 MW solar portfolio under development in the Dutch provinces of Overijssel and Limburg.
The Camden solar PV portfolio comprises the 50 MW Grange project in Newark, Nottinghamshire, and the 50 MW South Lowfield project in Fleetham, North Yorkshire.
A new team of four senior lawyers, who will be based in Singapore and Sydney and led by Partner Robert Williams, arrive at the firm to expand its hotels and hospitality practice in the Asia-Pacific region.
The market value of the acquired vessels is assessed at US$148m. They will be financed by increasing TORM’s existing syndicated loan facility with a new revolving facility and new term facility.
The financing concerns a loan granted to S.EN.AL.PA. for the construction of new technology hubs at the Camposampiero and Cittadella hospitals in Padua, Veneto, Italy.
The portfolio comprises 12 wind farms located in Aragon, North-Eastern Spain and is part of CIP’s €3.5bn Copenhagen Infrastructure III K/S (CI-III) energy infrastructure fund.