WFW advises lender on €30m 98.5 MW Foresight Spanish PV plant financing4 April 2022
The bank acted as lender for a structured loan granted to the three SPVs that own the plants.
The bank acted as lender for a structured loan granted to the three SPVs that own the plants.
The project sponsors were Valeco, investment fund Mirova and GEG (Gaz Electricité de Grenoble), with Astris Finance acting as their financial adviser.
Watson Farley & Williams has advised the founders of energy service provider NWG Power regarding their e-charging joint venture with Shell Recharge Solutions, who have invested in NWG spin-off NWG Charging, which specialises in operating private charging infrastructure.
Watson Farley & Williams has advised aventron AG on its acquisition of the Wölkisch megawatt-class battery storage facility in Germany as part of its strategy to steadily increase its available electricity storage volume.
Commodities disputes have kept the courts busy this week and allowed the first reported decision on the implied term that insurers will pay claims within a reasonable period. Commercial Disputes Weekly also looks at a Supreme Court decision on the Housing Act 1985 and a case of enforcement of personal guarantees.
The ground-mounted photovoltaic project is currently under development in Sardinia and will have a total installed capacity of c. 30 MW upon completion.
GDIZ Benin is a joint public-private venture between the Benin government and industrial ecosystems developer Arise Integrated Industrial Platforms.
Commodities disputes have kept the courts busy this week and allowed the first reported decision on the implied term that insurers will pay claims within a reasonable period. Commercial Disputes Weekly also looks at a Supreme Court decision on the Housing Act 1985 and a case of enforcement of personal guarantees.
Apex Energies aims to secure 1 GW of project capacity by 2025 and Macquarie will support its ambition to become a top independent solar power producer in France.
The Supervisory Board will set the firm’s direction and strategy and is responsible for key firmwide programmes including D&I and Sustainability.
Our third article in the Net Zero series looks at what the UK’s Net Zero Strategy means for the fuel supply and hydrogen sector.
The RCF provides flexible funding to Foresight for both new acquisitions and working capital purposes.