In addition to the initial 112 sites, EVN has plans to develop a further circa 380 EV charging sites, requiring an additional circa £150m in the next 36 months, for which SEEIT has a right of first negotiation.
As demand for energy and commodities continues to grow and sustainable resources come into focus, we work in partnership with our clients to deliver innovative solutions to the toughest business challenges.
Drawing on years of experience across all segments of the energy sector, from conventional power, oil and gas and mining to renewables and commodities, we excel in providing end-to-end advice in all aspects of these complex, cross-border transactions and disputes.
An exceptional understanding of the industry and its commercial drivers equips us to give technically excellent advice on transformative and groundbreaking projects. In particular, across M&A, joint ventures, planning, construction and operational contracts, risk identification/mitigation, financing, insolvency, restructuring, regulatory, tax and dispute resolution.
Our clients range from energy companies, financial institutions, institutional investors, sponsors, governments and contractors whom we advise across a range of domestic and cross-border projects including some of the most innovative and marquee transactions in the market.
With sustainability high on the agenda, our award winning renewables practice is well positioned to advise organisations who want to diversify their portfolios and/or invest in this fast moving sector of the energy industry.
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The loan facility will support PPC’s working capital needs at a time of customer payment volatility following the outbreak of the coronavirus pandemic.
The financial entities involved include CaixaBank and BNP Paribas Fortis as global coordinators, bookrunners, and mandated lead arrangers (“MLAs”) for the long-term bank debt facilities.