HSH Nordbank finances 12 solar power plants in France

The law firm, Watson, Farley & Williams, has announced that it has advised HSH Nordbank AG on the €212.7 million financing of the construction, development and operation of 12 solar power plants in France with a total output capability of 94.78 MW.Set up between June 2012 and May 2013, the financial structuring concerns: Solstice: €80.2m  for 7 solar power projects in the Provence-Alpes-Côtes d'Azur and Saône et Loire regions with a total output capacity of 50MW developed by Solairedirect and sponsored by the BlackRock investment fund; Ortaffa: €50.9m for 3 solar power projects in the Languedoc-Roussillon region with a total output capacity of 24.9 MW developed by the French subsidiary of a German group; The Parc des expositions de Bordeaux: €48.5m for a new solar shelter plant built on the car park of the Parc des expositions de Bordeaux by EDF EN France and with a total output capacity of 12 MW; Soptrans:  €33m for a new solar power plant in Le Boulou in the Pyrénées Orientales region on the site of Soptrans, a subsidiary of Geodis STVA, developed by EDF EN France and with a total output capacity of 7.87 MW.The Watson, Farley & Williams team worked across its Paris and Hamburg offices and was led by finance partners Laurence Martinez-Bellet (WFW Paris) and Thomas Hollenhorst, (WFW Hamburg) who advised on the German law aspects. Read more

MEIF4 announces friendly takeover of French wind electricity producer

Macquarie European Infrastructure Fund 4 (MEIF4), which is managed by Macquarie Infrastructure and Real Assets (MIRA), has announced today a friendly takeover offer for Theolia. Theolia is an independent wind electricity producer, which operates 1,269 MW of wind capacity on its own account and for third party customers in France, Germany, Italy and Morocco. Read more

GDF Suez issues $1.7 bonds to strengthen balance sheet

GDF SUEZ is pursuing financial operations targeting balance sheet optimization and cost of debt reduction implemented in the framework of the action plan announced by the company last December. Read more

Genech aquatic centre PPP project signed in France

On 12 July 2012, the Communauté de communes du pays de Pévèle signed a PPP contract with Crédit Agricole Leasing & Factoring for the financing, design, construction, and maintenance of the future aquatic center in Genech. Read more

VINCI Concessions appoints Area Director for the Americas

Luis Palazzi is joining VINCI Concessions as area director for the Americas. Mr. Palazzi will have responsibility for business development in North and South America for VINCI Concessions, one of the largest construction and concessions companies in the world. He will be based in New York. Read more