In a strategic move to bolster its presence in Africa, Adenia Partners (Adenia), a prominent private equity firm focusing on sustainable investments, has finalised an agreement with Air Liquide, a supplier of industrial and medical gases. Asafo & Co. provided legal counsel to Adenia throughout the negotiation process. The agreement entails the acquisition of Air […]
Capital Markets
Energy & Trading
United Arab Emirates
Masdar Acquires 50% Stake in Terra-Gen. The Advisors
Masdar, the Abu Dhabi Future Energy Company, has made significant strides in expanding its presence in the United States’ renewable energy market. The company has inked a definitive agreement to purchase a 50 percent stake in
Banking & Finance
Energy & Trading
United Arab Emirates
UAE’s Barakah Plant: Asia & Africa’s First Green Loan Facility
The Barakah Nuclear Energy Plant’s AED8.89 billion refinancing, hailed as a Green Loan Facility, marks a pivotal step in reinforcing its vital role in rapidly decarbonizing the UAE’s power grid. Recognized
Capital Markets
Corporate
Energy & Trading
Qatar
Elsewedy Qatar wins North Field South Onshore EPC contract
Elsewedy Cables Qatar has secured the Engineering, Procurement, and Construction (EPC) contract from Technip Energies France for the North Field South (NFS) Onshore Project. This strategic endeavour aims to establish electricity supply to NFS project
Deal & transactions
Energy & Trading
United Arab Emirates
UAE Defence Ministry and Masdar Team up for Multi-Solar Plants
The UAE Ministry of Defence and Abu Dhabi Future Energy Company – Masdar, have inked a Partnership Agreement to develop multiple solar plants across Abu Dhabi. Emerge, a collaborative effort between the UAE’s Masdar
Deal & transactions
Energy & Trading
United Arab Emirates
EDGE Group and Indra Forge Radar Technology Alliance
EDGE Group, a technology conglomerate based in Abu Dhabi, has entered into a strategic partnership with Spain’s Indra Sistemas, a renowned information technology and defence systems company, to venture into the global advanced radar
Banking & Finance
Energy & Trading
United Arab Emirates
Masdar Secures Funding for Dubai Solar Park. The advisors
International law firm, Dentons has provided legal counsel to Masdar, facilitating the successful financial close of the 1,800MW solar photovoltaic project, known as DEWA Phase VI, within Dubai’s Mohammed bin Rashid Al Maktoum Solar
Capital Markets
Deal & transactions
Energy & Trading
Industrial
Oil & Gas
Saudi Arabia
TMT
Baker Hughes and Dussur Inaugurate Joint Venture in Saudi Arabia
Baker Hughes, a leading energy technology company, and Dussur, a consortium owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco, and SABIC (Saudi Basic Industries Corporation), announced the official inauguration of their joint
Deal & transactions
Energy & Trading
Saudi Arabia
AS&H Clifford Chance with Nesma & Partners in Kent Acquisition
AS&H Clifford Chance provided legal counsel to Nesma & Partners, a leading Saudi Arabian contracting firm, on the completion of its acquisition of Kent, a prominent global energy services firm. With over four
Banking & Finance
Energy & Trading
Other
Trowers on the Financing for TNB’s Kuwait Power Plant Project
Trowers & Hamlins (‘Trowers’), an international law firm, has served as lead counsel in facilitating a successful financing totalling up to KWD 134.51 million provided by Al Ahli Bank of Kuwait to TNB Repair and Maintenance
