Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
Deal Date: | 09-06-2015 | Practice Area: | Project Finance and Infrastructure |
Deal Title: | Capital Stage AG - UK Solar Parks Refinancing Project Bond | Industry: | Alternative Energy |
Description: |
White and Case LLP advised Deutsche Bank on the interim construction financing of a portfolio of seven solar parks in South West England and Wales, which were subsequently successfully refinanced by way of a project bond.
Following their completion, the solar parks were sold to SDAX-listed Capital Stage AG, with the corresponding interim construction finance being replaced by long term funding via project bonds in the form of senior secured notes. The sole subscriber of the bonds is the British asset manager Legal and General Investment Management on behalf of institutional investors.
The White and Case team which advised on the transaction was led by partner Florian Degenhardt (Hamburg).
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Financial Center: | Hamburg | Value: | 0.00-0.00 |
Advised Party: | Bookrunner: | Law Firm | White & Case |
Project Jurisdiction | United Kingdom | Sponsor Jurisdiction | Germany |
Classification: |
Project Bonds Solar: |
Lawyer | Florian Degenhardt |