Teams from Herbert Smith Freehills and King & Wood Mallesons have helped secure the AU$140 million refinancing of South Australia’s Waterloo Wind Farm.
The facility generates enough clean energy to supply electricity to more than 50,000 homes. It has been operational since 2010.
Herbert Smith Freehills advised MUFG Bank, Ltd., with a team led by partner Gerard Pike with assistance from senior associate Owen Alcorn and solicitors Olivia Mitchell and Frank Wang.
“This transaction is a great example of the trend of overseas banks with full service offerings in the Australian market being able to provide very competitive and innovative financing terms to Australian projects,” said Pike.
KWM advised the sponsors Palisade Investment Partners and Northleaf Capital on the refinancing.
Clifford Chance advises on mobile gaming IPO
Mobile gaming company iDreamSky, a major digital entertainment firm in China, is listing on the Hong Kong Stock Exchange with help from Clifford Chance.
The firm advised on the Shenzhen-based gaming firm’s U$107 million IPO with a team led by China co-managing partner Tim Wang with Amy Lo and Liu Fang.
"We are honoured to be advising iDreamSky on this listing, which underscores our market-leading work with the most exciting and innovative Chinese companies as they grow their businesses," said Wang.
Hong Kong lawyer among Dechert promotions
Global firm Dechert has announced one of its largest promotion rounds with 16 new partners across its 27 offices.
Among them is one from Asia Pacific, Hong Kong corporate and securities lawyer Yang Wang, who joins the partnership. The other promoted lawyers are mostly in the US and UK and bring its total headcount to more than 1,000 globally.
The firm has seen strong growth in 2018 and successive growth over the past 7 years. As well as the Hong Kong office, Dechert also has Asian offices in Beijing and Singapore.