Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 12-12-2013 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | DONG Energy Sale of the Severn Gas-fired Power Station | Industry: | Electricity |
| Description: |
Slaughter and May advised DONG Energy on the sale of the Severn gas-fired power station to a consortium of investors led by Macquarie Group's Infrastructure and Real Assets business for GBP350 million, plus an earn-out based on the future gross margin of the Severn power station.
The Severn power station, which is situated at Uskmouth near Newport in South Wales, has a capacity of 832MW and is able to generate power for approximately 1.5 million households.
Corporate and Commercial: John Papanichola (partner), Gavin Brown (partner), Beatrice Lo (associate), Serena Kern-Libera (associate); Financing: Caroline Phillips (associate); Tax: Tony Beare (partner), Venetia Jennings (associate); Employment: Roland Doughty (partner), Veena Sivapalan (associate); IT/IP: David Ives (partner), Richard McDonnell (associate); Environment: Samantha Brady (associate).
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Seller | Law Firm | Slaughter and May |
| Assets Jurisdiction | United Kingdom | Purchaser Jurisdiction | United Kingdom |
| Classification: |
Transfer of Infrastructure Assets Power Stations |
Lawyer | John Papanichola |
