The project demonstrates how innovative financing and cross-border collaboration can advance large-scale, sustainable infrastructure.
WFW also advised on the €204m green capex facility and related financing arrangements.
The firms achieved 19 first place Inframation rankings.
Due for completion in 2026, the project is Statera’s largest consented BESS project to date.
This transaction demonstrates the continuing strong interest of international investors in innovative German energy service providers.
The US$470m sale price will be paid in three instalments: US$160m paid upon completion of the transaction on 27 October, followed by payments of US$160m and US$150m on the one and two-year anniversaries of closing.
Implementing an innovative structure, the first of its kind in India, this transaction marks the first time a financing for an Indian airline has been structured directly to a borrower in GIFT City, India’s emerging international financial hub, which has not been structured through Ireland.
The facility was executed in August 2025 and the first of the vessels, the Seaways Alacran, was delivered in September 2025, with the remaining five vessels scheduled for delivery sequentially over the next year.
The contracts for the two high-cube container-optimised newbuilds were signed with the Fujian Mawei Shipyard in China, with the total investment amounting to US$66m.
Octopus Energy Generation and BayWa r.e. inaugurate their first CPPAs in France with this transaction.
