Eversheds Sutherland together with AlDhabaan & Partners in association with Eversheds Sutherland, advised Saudi Power Procurement Company, as the procurer and offtaker, for the Al Shuaibah 1 and Al Shuaibah 2 solar photovoltaic projects which achieved financial close on 10 August 2023. The Al Shuaibah PV 1 and Al Shuaibah PV 2 projects will have a […]
Energy & Trading
News
United Arab Emirates
Successful Steam Blow at Al Layyah Combined Cycle Power Plant
June 2023 marked a significant milestone as Al Layyah Combined Cycle Power Plant, boasting a capacity of 1,026 MW, successfully completed its steam blow for Sharjah Electricity, Water and Gas Authority (SEWA). This achievement stands as a
Deal & transactions
Energy & Trading
United Arab Emirates
White & Case advises Masdar on joint venture with Iberdrola Group
Global law firm White & Case has advised Abu Dhabi Future Energy Company (Masdar), Abu Dhabi’s renewable energy company, on its joint venture with Iberdrola Group, the Spain-based international energy group engaged in electric
Banking & Finance
Energy & Trading
United Arab Emirates
Masdar raises USD750 million in first Green Bond Offering
Under the legal leadership and guidance of General Counsel Jonathan Evans, Masdar, the Abu Dhabi Future Energy Company, achieved a significant milestone with the successful completion of its debut green bond issuance for US$750 million 10
Banking & Finance
Energy & Trading
Saudi Arabia
Eversheds Sutherland advises on solar power plant in KSA
Eversheds Sutherland and AlDhabaan & Partners, in association with Eversheds Sutherland, provided legal advisory services to Riyadh Bank and Arab Petroleum Investments Corporation, as senior lenders, to a consortium comprising of TotalEnergies, Toyota Tsusho and
Mazghouny & Co Projects & Infrastructure team has assisted Scatec with the review of the agreement executed with the New and Renewable Energy Authority (NREA) for granting access to the site. Mazghouny & Co has
Capital Markets
Egypt
Energy & Trading
Zulficar & Partners with TAQA Arabia on its Egyptian Exchange
Zulficar & Partners Law Firm has acted as the legal advisor to Taqa Arabia (the “Company”) in the listing and trading of the Egyptian Exchange- EGX. The Company is one of Egypt’s privately- owned
Deal & transactions
Energy & Trading
Other
Eni and Vår Energi to acquire Neptune Energy Group for $4.9B
Eni International (“Eni”) along with Vår Energi (“Vår”) have reached an agreement to acquire Neptune Energy Group Limited (“Neptune”) for an aggregate enterprise value (subject to customary adjustments) of $4.9 billion. Founded in 2015 in
Deal & transactions
Energy & Trading
United Arab Emirates
Montfort Group completes acquisition of Uniper Energy DMCC
With Ziad Zarka (pictured) serving as Montfort Group’s General Counsel in Dubai, Montfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum have announced the successful completion of their acquisition of Uniper
Deal & transactions
Energy & Trading
Saudi Arabia
Eversheds Sutherland advises on 3 Solar PV IPP Projects in KSA
AlDhabaan & Partners, in association with Eversheds Sutherland, have advised the Saudi Power Procurement Company (SPPC) on the successful commercial close of three major solar PV Independent Power Producer (IPP) projects in Saudi Arabia. The
