Energy Transition

Representation of NEOM Green Hydrogen Company on all aspects of the landmark US$8.4 billion NEOM Green Hydrogen Project. The project will be powered by 4GW of solar and wind energy and is expected to produce up to 600 tonnes per day of carbon-free hydrogen as the world's first utility scale green hydrogen facility and the largest greenfield renewables project in history. The financing involved a syndicate of 21 commercial banks, ECAs and development finance institutions and was recognised as "Middle East & Africa Green Deal of the Year" at the PFI Awards 2022 as well as "Structured Loan Deal of the Year" at the Bonds, Loans & Sukuk Middle East Awards 2023.

Representation of Highview Power, a long-duration energy storage pioneer with proprietary cryogenic energy storage technology, on a £300 million combined debt and equity investment for the first in its pipeline of commercial-scale liquid air energy storage (LAES) plants in the UK.

Representation of Neoen S.A., one of the world's leading independent producers of exclusively renewable energy, on the approximately €220 million project financing of a 203 MW onshore wind farm portfolio in Finland.

Representation of the lenders in respect of the financing of two battery energy storage systems (142MW and 57MW) to be located in the United Kingdom.

Representation of a major energy investment fund on an up to €130 million financing of a wind farm portfolio in Eastern Europe. 

Representation of a major energy investment fund on a £132 million holdco financing of a 144MW wind farm in Scotland. 

Oil & Gas

Representation of TotalEnergies on the signing of an agreement with OMV to acquire its 50 percent interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of US$903 million, including the transfer of a US$350 million loan granted by OMV to SapuraOMV, and subject to customary closing adjustments.

Representation of TotalEnergies on the signing of an agreement with Sapura Upstream Assets to acquire the remaining 50 percent interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for US$530 million, subject to closing adjustments.

Representation of the lenders in connection with a US$1.4 billion loan to Chevron and Nigerian National Petroleum Company (NNPC) (acting as joint venture parties) to help monetise reserves, increase production and support the energy transition through the production of gas for domestic supplies. Awarded "Middle East and African Deal of the Year" at the PFI Awards 2022. 

Representation of a syndicate of lenders on the refinancing of an up to $565 million borrowing base facility for a major international oil and gas company.

Representation of a syndicate of lenders in relation to a refinancing of an up to $160 million loan to a major oil and gas company in North America.