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.
This is the first project financing undertaken by NatWest using SONIA, which is being implemented as part of the LIBOR transition
WFW advises NatWest on £110m loan to Bluefield for acquisition of 64.2 MW UK solar portfolio15 September 2020
The portfolio comprises 15 operational photovoltaic (PV) plants, eight of which are located in the south west of England, two in west Wales and five in central and eastern England.
A seabed lease agreement for the project has now been signed with the Crown Estate, following the authority’s call for extension applications from 2017, which resulted in seven projects being approved.
Statkraft will take on Vattenfall’s existing electric vehicle charging network staff in the UK and will manage, operate and maintain its charging stations.
This is one of the first few, and the largest, Taiwanese offshore wind farm project financings to complete to date in this flourishing region for offshore wind.
The newly established platform, Galileo Green Energy, will invest in the development of wind and solar energy projects and storage solutions across Europe, including in Italy, Spain, France, Germany and the UK
The initial consideration, payable by Zenith on completion, will be settled through the issue of 6.7m new Zenith shares.
This was a complex tri-partite arrangement with Bondcare taking full control of Darrington’s operational care home business, and Target REIT taking over the real estate freeholds of five care homes.
This acquisition marks the debut of Sandfire’s global copper portfolio in the EMEA region.