Watson Farley & Williams (“WFW”) is delighted to announce that Cyrille Gogny-Goubert has joined the firm’s Paris office, establishing an on-the-ground real estate practice in France for the first time.
The portfolio comprises 73 plants which produce over 355,000 MWh annually, representing enough clean electricity to supply more than 115,000 households.
WFW carried out the due diligence and the drafting and negotiation of the share purchase agreement executed within the framework of the deal.
The first drawdown refinanced indebtedness in relation to nine VLCCs and three Suezmaxes and security included Belgian, Greek and French mortgages over these ships.
The programme aims to to build supply chain resilience to address disruption and decarbonise the wider global supply chain with a focus on shipping.
The loan is secured over three large container ships operated by Maersk A/S, a subsidiary of AP Moller Maersk.
WFW advised on matters of Marshall Islands, Liberian, Thai and maritime law and also, through our formal law alliance in Singapore with Wong Tan & Molly Lim LLC, Singapore law.
The portfolio comprise 11 wind farms and two photovoltaic plants located in France with a total installed capacity of 165 MW, all owned by French IPP Valorem.
The transaction is expected to close in the fourth quarter of 2020, subject to European Commission merger clearance. The sale of the Regulatory Services does not affect any other services provided by Deutsche Börse Group.
Watson Farley & Williams have acted as maritime counsel to leading Russian shipowner Sovcomflot on their US$550m Initial Public Offering.
