WFW advises on sale of 41MW Bloxwich battery storage project to Gresham House20 July 2020
In mid-May 2020, Bloxwich was used to provide upward and downward reserve flexibility to National Grid in the UK’s first of its kind trial using a battery.
In mid-May 2020, Bloxwich was used to provide upward and downward reserve flexibility to National Grid in the UK’s first of its kind trial using a battery.
The transaction was approved, subject to conditions, earlier in the year and involved the financial and commercial arrangements relating to the acquisition by TUIC of the HL Cruises’ business, including its luxury and expedition fleet, consisting of two five-star plus category luxury vessels and three expedition cruise ships.
The deal includes the acquisition of HL Cruises’ luxury and expedition fleet, consisting of two five-star plus luxury vessels and three expedition cruise ships, by TUI Cruises.
We advised Foresight Group on the delivery arrangements relating to a LeTourneau Super 116E jackup drilling rig named “VIVEKANAND 3”.
This event was a client dinner coinciding with two aviation conferences in Dublin.
To be involved in the negotiation and conclusion of the building contracts for these two newbuilds was a great pleasure for WFW
The ships of over 200,000 gross tons each are due to deliver in 2022 and 2024 respectively.
We are delighted to have assisted our client Berenberg on an important acquisition that represents another great opportunity for conservative institutional investors to participate in a ship mortgage backed loan portfolio.
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