Clifford Chance has advised Elia, one of Europe’s top five transmission system operators, in structuring and negotiating the EPCI construction contract for the world’s first artificial renewable energy island. TM Edison, a consortium of two major dredging companies DEME and Jan De Nul, won the contract through a competitive public procurement process. The island […]
Capital Markets
Energy & Trading
Saudi Arabia
DLA Piper with Saudi Tabreed on major equity investment by
DLA Piper Middle East provided legal counsel to the Saudi District Cooling Company (‘Saudi Tabreed’) on its recent 30% equity investment by the Public Investment Fund (‘PIF’), a sovereign wealth fund. As a major district cooling
Deal & transactions
Egypt
Energy & Trading
Mazghouny & Co: Scatec signs agreement with Echem and Mopco
Mazghouny & Co has assisted Scatec with signing the joint development agreement concluded with the Egyptian Petrochemicals Holding Company (Echem) and Misr Fertilizers Production Company (Mopco) for cooperation in the field of implementing green projects
Deal & transactions
Egypt
Energy & Trading
Apex acquires and finances concessions in Egypt’s western desert
Herbert Smith Freehills has advised Apex International Energy (“Apex”) on its acquisition of interests in four concessions in the Western Desert region of Egypt from IEOC Production (“IEOC”), a subsidiary of Eni. Apex International Energy
Deal & transactions
Egypt
Energy & Trading
Mazghouny & Co secures golden license for a green hydrogen
Mazghouny & Co has successfully assisted the sponsors’ consortium in obtaining the unified license, also known as the “Golden License”, for a green hydrogen project with a total capacity of 100MW at the Suez Canal
Deal & transactions
Energy & Trading
Saudi Arabia
Eversheds Sutherland advises on Saudi’s latest solar PV project
Eversheds Sutherland has advised the Ministry of Energy and the Saudi Power Procurement Company (“SPPC”) on the successful commercial close of the 2060MW Shuaibah 2 Solar PV Project, in Al Shuaibah, Makkah province. The project,
Deal & transactions
Energy & Trading
United Arab Emirates
Emerge and Al Dahra to develop rooftop solar project in
Emerge, a joint venture between Masdar and EDF, and Al Dahra Group, an integrated agri-businesses in the Middle East, have entered into a strategic partnership to develop a rooftop solar photovoltaic (PV) installation at Al
Deal & transactions
Energy & Trading
United Arab Emirates
Beeah, Masdar and Veolia to operate Sharjah Waste to Energy
Beeah Group, the Middle East’s sustainability and digitalisation expert, Masdar, Abu Dhabi’s clean energy company, and Veolia Near & Middle East, the providers of optimised resource management, have formed a joint
Deal & transactions
Egypt
Energy & Trading
AMEA Power secures USD1.1B Wind and Solar Energy deal in Egypt
Renewable energy company AMEA Power has achieved the financial close to deliver 1GW of renewable energy projects in Egypt. The landmark 500MW wind and 500MW solar projects, represent USD1.1 billion of investment into the Egyptian
Deal & transactions
Egypt
Energy & Trading
Baker McKenzie with AMEA Power on 2 renewable projects in
Baker McKenzie Cairo acts as the Egyptian Legal Counsel to AMEA Power on the development and financing of two renewable projects in Egypt with a capacity of 1000 megawatts and value of USD 1.1 billion. The projects,
