Cash flow clarity: Interim applications for payment in construction contracts
Ryland Ash and Alexander Creswick have written a feature piece for construction sector publication PBC Today on payment regimes and mechanisms in contracts.
Author: Richard Strockl Archive
WFW advises Bio Capital on acquisition of Redstow anaerobic digestion plant
Located in Norfolk, England, Redstow has a total capacity of 4.5 MW Combined Heat and Power (CHP) and currently processes circa 75,000 tonnes of energy crop each year.
WFW advises Noy Fund on 169 MW Spanish merchant PV project financing and agreements
This financing follows Noy Fund’s recent acquisition of a majority stake in the Olmedilla plant, on which WFW also advised. The acquisition was Noy Fund’s first investment in Spain.
WFW advises Everwood on €25m 50 MW Cartuja PV project financing
The photovoltaic plant is located in Cadiz, Spain, and will be operational in 2021. It is Everwood’s second merchant plant, with the financing representing a leverage of 62% on the project.
The Generator Commissioning Clause
In the fifth of our nine-part series on the OFTO Regime, this article, we consider how the operation of the Generator Commissioning Clause affects the OFTO tender process, its unintended consequences and whether it is still fit for purpose.
Update on Germany’s Revised Renewable Energy Act (EEG 2021)28 January 2021
Join our Energy team including Partners Dr Christine Bader and… Read more
A design for life
In this article we discuss a recent decision of the TCC which provided useful guidance on the meaning of “design life” in construction contracts.
WFW advises Smart Energies on acquisition of Italian photovoltaic portfolio
The targets were two SPVs that own authorisations for the construction and installation of eight rooftop photovoltaic plants located in the Lombardy, Veneto, Lazio and Marche regions in Italy.
WFW advises German investment fund on acquisition of Intesol Italian photovoltaic plant
Intesol Energie owns and operates the 1 MW Intesol photovoltaic plant in Ravenna, Emilia Romagna, Italy and benefits from feed-in tariffs under IV Conto Energia.
WFW advises UOG on UACC acquisition and financing
The acquisition was structured by way of a reverse triangular merger with the financing for the acquisition provided by alternative investment firm, EnTrust Global and will be the first such merger to be effected under the Companies Law of the DIFC.
