Ashurst advised Moroccan Agency for Sustainable Energy (MASEN) and Bank of Africa in connection with their role as senior lenders in the financing of six photovoltaic solar power plants across various regions of the Kingdom. The sites in question are located in Aïn Béni Mathar (Jerada Province), Boudnib (Errachidia Province), Bouanane (Figuig Province), Enjil (Boulemane […]
Baker Botts advised Saudi Media Company, through its subsidiary, on the sale of a 25% stake in Spanish football club UD Almería to CR7 Sports Investments, the investment vehicle of footballer Cristiano Ronaldo. The financial
Clifford Chance advised on the USD 1.0 billion subordinated hybrid notes issuance by Aldar to Apollo Global Management through a private placement. The net proceeds from the transaction have been injected as equity into Aldar Investment
Deal & transactions
Real Estate, Construction & Infrastructure
King & Spalding with Arcapita on partnership with ASMO
King & Spalding advised Arcapita on a forward-funding investment and partnership with ASMO, a joint venture between Aramco and DHL Supply Chain. Stemming from the collaboration, a large-scale (1.4 million square meter) logistics and warehousing facility
Charles Russell Speechlys advised SkyPower Global on the sale of SkyPower Services MENA to Indian integrated renewable energy platform Inox Clean Energy (Inox), part of the INOXGFL Group. The transaction leads to the creation of
Khoshaim & Associates (K&A) advised Byrne Equipment Rental in the sale of a 60% stake of the company to GFH Financial Group, an investment group with headquarters in Bahrain. The client Byrne is an
Clifford Chance advised Aldar in connection with the company’s joint venture with Mubadala, set to create a retail platform valued at approximately AED 10 billion (USD 2.72 billion). The new platform comprises of 260,000 sqm in gross
Deal & transactions
Real Estate, Construction & Infrastructure
CMS with Aldar on Dubai Holding partnership expansion
CMS advised Abu Dhabi-based real estate developer Aldar on the expansion of its joint venture with Dubai Holding. The transaction adds two development sites in Dubai — respectively located along Dubai’s eastern growth corridor and
King & Spalding Al Fahad Law Firm advised Al Shmoul Al Moutamiaza Holding, the investment arm of the Al Nahdi Family Group, on its acquisition of a minority stake in RAM Medical Clinics. The parties
Cleary Gottlieb represented the sellers in the sale to GFH Financial Group B.S.C. (GFH) of 60% of the share capital in Byrne Equipment Rental (Byrne). The parties Founded in 1992 in Dubai, Byrne is an
