Orrick Advises Banque des Territoires on Investment in Novawood Project Company
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We have provided counsel on billions of dollars of financings utilizing structures such as project finance, tax structured transactions, holdco and sub-debt, public and private issuances of debt, and restructurings and workouts. We financed a multibillion dollar nuclear project in the United States and two 800 megawatt gas-fired power projects in the Northeast United States. In Vietnam, we assisted with a $2.6 billion thermal power project, and we are working in Africa on the largest hydropower development and financing project in the world.
We have extensive experience counseling on power M&A transactions, combining the broad capabilities of our Energy and M&A practices. We have provided counsel on M&A transactions involving large energy companies, acquisitions and dispositions of portfolios of projects and project assets, auctions of power assets, distressed M&A transactions, highly structured equity investments, and issuances of equity securities including preferred equity. We work for numerous private equity funds and similar providers of capital who are active in the power M&A space, as well as major corporate sponsors who operate on a global basis.
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Energy Investors Funds and Oregon Clean Energy LLC in the development, debt, financing, hedging and equity arrangements for a $900 million gas-fired plant in Ohio.
Big Rivers Electric Corporation on credit facilities and other financial transactions valued over $2 billion.
GE Energy Financial Services in the sale of its interest in Sandy Creek Holdings, which held one of the largest coal-fired power plants in Texas.
ContourGlobal in the acquisition, refurbishment and financing of a dual fuel/gas-fired 53 MW plant in Dakar, Senegal.
Ares in a $50 million construction loan financing portfolio of energy storage facilities owned by Green Charge Networks in California, which benefits from the CPUC’s Self-Generation Incentive Program.
Actis on the acquisition of a majority interest in three power assets in Cameroon for $220 million.
Alstom in its negotiation of the $13.5 billion offer by GE to acquire Alstom’s power equipment unit.
The Municipal Electric Authority of Georgia in the financing of two advanced nuclear reactors, with a total capacity of 2,204 MW, at the Alvin W. Vogtle Electric Generating Plant in Georgia. This marks the first expansion of nuclear power in the United States after more than 30 years.
Toyoink Group Berhad, as project sponsor, on the development and financing of a 2 x 1,000 MW $2.6 billion coal-fired thermal power plant BOT project in Vietnam.
An independent power producer backed by global infrastructure funds in the acquisition through competitive investment bank run auction of three gas-fired power plants in California: the Goal Line, Kingsburg Cogeneration and Colton Power projects.
January.27.2020 - January.28.2020