RSS Feed (News Only) https://www.cliffordchance.com/rss/rss-feed-news.xml RSS XML Feed of News Thu, 23 Jul 2026 12:09:22 GMT M&A corporate Global Financial Markets Insurance Intellectual property Project development & finance Emerging markets PFI PPP Regulatory enforcement & white collar Employment, incentives & pensions Construction Tax Antitrust, EU & trade Funds & investment management Public policy Real estate Capital markets Financial regulation Restructuring & insolvency TechDigital Environment Litigation, dispute resolution & risk management Islamic finance Transport & logistics Consumer goods & retail Insurance Industrials Energy & resources Healthcare, life sciences & chemicals Private equity Government & public sector bodies Telecommunications, media & technology Funds & investment management Real estate Banks Spain United Kingdom Netherlands Italy Luxembourg Belgium Germany France Western Europe Europe Canada United States North America Latin America Morocco Africa Saudi Arabia Middle East Australia and Oceania India South Asia Hong Kong China Japan Singapore Thailand Asia M&A corporate Global Financial Markets Insurance Intellectual property Project development & finance Emerging markets PFI PPP Regulatory enforcement & white collar Employment, incentives & pensions Construction Tax Antitrust, EU & trade Funds & investment management Public policy Real estate Capital markets Financial regulation Restructuring & insolvency TechDigital Environment Litigation, dispute resolution & risk management Islamic finance Transport & logistics Consumer goods & retail Insurance Industrials Energy & resources Healthcare, life sciences & chemicals Private equity Government & public sector bodies Telecommunications, media & technology Funds & investment management Real estate Banks Spain United Kingdom Netherlands Italy Luxembourg Belgium Germany France Western Europe Europe Canada United States North America Latin America Morocco Africa Saudi Arabia Middle East Australia and Oceania India South Asia Hong Kong China Japan Singapore Thailand Asia 2026-07-23T12:09:22Z Clifford Chance advises PATRIZIA on partnership with Sixth Street to recapitalise healthcare real estate portfolio managed by PATRIZIA https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-patrizia-on-partnership-with-sixth-street.html <p>As part of the transaction, PATRIZIA will remain responsible for investment management, thereby ensuring continuity in the further development of the portfolio. Sixth Street will provide long-term capital for the portfolio’s next phase of ownership, while K2MB Capital, an investment and asset manager for social infrastructure and healthcare real estate, will assume responsibility for the day-to-day operations and asset management of the portfolio.</p> <p>The transaction reflects the long-term positive development of the post-acute healthcare sector. Demand for healthcare real estate in this segment continues to be supported by demographic trends, increasing healthcare needs and the essential role these facilities play within Germany’s healthcare system.</p> <p>The Clifford Chance team comprised lead partner Fabian Böhm, senior associates Sabrina Tenebruso and Tatjana Bougargour, senior transaction lawyer Birgit Seyfert (all Real Estate, Frankfurt) as well as senior counsel Alexandra Margarete Uhl (Funds, Frankfurt).</p> <p><b>Press Contact</b>:&nbsp;<a href="mailto:nadja.fersch@cliffordchance.com">Nadja Fersch</a></p> <p> </p> Germany Thu, 23 Jul 2026 12:09:22 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-patrizia-on-partnership-with-sixth-street.html 2026-07-23T12:09:22Z Clifford Chance Advises Dangote Petroleum Refinery and Petrochemicals FZE on its debut US$750 million Bond Offering https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-dangote-petroleum-refinery-and-petrochemicals.html <p>The successful offering reflects strong investor confidence in DPRP, its strategic importance within Africa's energy and industrial sectors and the continued appetite of international investors for high-quality African credit opportunities. The offering provides DPRP with long-term financing to support its strategic objectives and enhance its financial flexibility.</p> <p><b>Clifford Chance partner, Michael Dakin, commented: </b>&quot;<i>We are pleased to have advised DPRP on this significant transaction and to continue supporting the Dangote Group across its capital markets and financing activities. The DPRP bond offering, together with the US$750 million and US$600 million private placements completed earlier this year for Dangote Fertilizer and Greenview Fertiliser, on which we also advised the Group, demonstrates the breadth of the Dangote Group's financing programme and its continued engagement with international investors. We value our longstanding relationship with the Dangote Group and look forward to supporting its future growth and strategic objectives</i>.&quot;</p> <p>The Clifford Chance team was led by partners <b>Michael Dakin and Johannes Juette</b>, with support from senior associate <b>Yash Ranade</b>, associate <b>Geoffrey Adonu</b> and law clerk <b>Saherish Surani</b>. <b>Edmund Boyo</b> (Dubai) and <b>Stephen Chance</b> (Abu Dhabi) provided wider financing and senior relationship oversight as financing advisers to the Dangote Group. </p> <p><b>Press Contact</b>:&nbsp;<a href="mailto:chanelle.mutawe@cliffordchance.com">Chanelle Mutawe</a></p> United Kingdom Thu, 23 Jul 2026 10:18:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-dangote-petroleum-refinery-and-petrochemicals.html 2026-07-23T10:18:00Z Clifford Chance advises Harbour Energy on UK North Sea acquisition https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-harbour-energy-on-uk-north-sea-acquisition.html <p>Clifford Chance's team was led by London-based corporate partners Steven Fox and Olivia Higgs. Key transaction support was provided by senior associates Shayan Junaid and Robert Davey and associates Dorothy Adu-Mfum and Nicole Georgiou. Tax support in London was provided by partner Nicola Hemsley and associate Archie Zverev. Insurance support was provided by partner James Cashier and senior associate Jack Gilbert.</p> <p><b>Press Contact:</b><a href="mailto:Emma.Cessford@CliffordChance.com" target="_blank">&nbsp;Emma Cessford</a></p> United Kingdom Thu, 23 Jul 2026 08:58:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-harbour-energy-on-uk-north-sea-acquisition.html 2026-07-23T08:58:00Z Clifford Chance advises Aukera Energy on securing EUR 48.5 million in financing from the IFC for the second phase of its BESS project in Romania https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-aukera-energy-in-securing-eur-48-5-million.html <p>The investment is the first stand-alone BESS system developed in Romania by Aukera Energy, the pan-European platform dedicated to battery energy storage and renewable energy. Upon completion, the project will be one of the largest BESS installations in Central and Eastern Europe, with a total capacity of 250 MW / 500 MWh.</p> <p>This mandate extends the collaboration between Aukera Energy and the Energy practice of the Clifford Chance Bucharest office, which provides advice throughout the entire development cycle of a renewable energy project.</p> <p>At the end of last year, the team advised Aukera Energy on securing a EUR 60 million credit facility from Kommunalkredit Austria AG to finance the first phase of its investment at Gura Ialomiței.</p> <p>Partner Mădălina Postolache (Rachieru) said: “Congratulations to Aukera Energy on reaching this key milestone in completing the Gura Ialomiței investment. We are honoured to have contributed our global expertise to the advancement of this strategic project at a time when the battery energy storage sector is becoming vital for the competitiveness and sustainability of the energy industry in the region. We continue to work alongside the leading financiers and investors in the field on some of the major renewable energy projects that are driving the green transition in Central and Eastern Europe.”</p> <p><b>Press Contact</b>:<a href="mailto:Anne-Marie.Nistoroiu@CliffordChance.com">&nbsp;Anne Marie Nistoroiu</a></p> Energy & resources Thu, 23 Jul 2026 07:59:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-aukera-energy-in-securing-eur-48-5-million.html 2026-07-23T07:59:00Z Clifford Chance advises Searah Limited, Eni and PETRONAS's Joint Venture Company, on US$6 billion financing for South East Asia upstream oil and gas collaboration https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-searah-limited--eni-and-petronas-s-joint.html <p>Searah brings together a portfolio of 19 upstream oil and gas assets (14 in Indonesia and five in Malaysia) spanning exploration, development and production. The joint venture starts with an initial production base of approximately 300,000 barrels of oil equivalent per day (boe/d), with a target exceeding 500,000 boe/d of sustainable production within the next three years.</p> <p>Partner Chin Seng Chew (Singapore) led the transaction with support from senior associates Alberto Maero (Milan), Jitr Vilaivongse (Singapore) and Ken Li (Singapore) and associate Ivan Ting (Singapore). Partners Nicholas Wong (Dubai), Craig Nethercott (Dubai), Jemma Dick (London) and Olivia Higgs (London) as well as associates Marco Montanaro (London) and Tom Masters (London) provided additional support. The firm was further supported by, and worked in close collaboration with, the in-house legal team of Eni – Federica Andreoni, Nicola Ghedi, Stefano Torta and Edward Rand – and the PETRONAS Group legal team.</p> <p><b>Press contact:&nbsp;</b><a href="mailto:fenix.wong@cliffordchance.com">Fenix Wong</a></p> Energy & resources Global Financial Markets Thu, 23 Jul 2026 04:20:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-searah-limited--eni-and-petronas-s-joint.html 2026-07-23T04:20:00Z Clifford Chance advises National Storage Affiliates on its acquisition by Public Storage https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-national-storage-affiliates-on-its-acqui.html <p>Under the terms of the transaction, holders of NSA common shares and operating partnership units received 0.14 of a share of PSA common stock or operating partnership unit for each NSA share or unit they own.</p> <p>The Clifford Chance team was led by M&amp;A partners Chang-Do Gong and Robert Chung; Capital Markets partner Andrew Epstein and senior counsel Jay Bernstein; Real Estate partner Jeanne Roig-Irwin; and Tax partner Michael Seaton. They were supported by counsel Tae Ho Cho, associates Zoya Afridi, Jed Tifft and Paul Lakkis and law clerk Cormac O’Halloran on capital markets matters, and counsel Marina Livingston, associate Danielle Mimeles, and foreign lawyer Ariel Cohen on M&amp;A matters. The wider team included:</p> <ul> <li><b>Real estate</b>: counsel Victoria Manthas, associate Dawn Goldberg, staff attorney Joey Salama and law clerk Michelle Mullin</li> <li><b>Tax:</b> partner Hannah Richard and associate Sharon Yu</li> <li><b>Employment and benefits</b>: partner Reuven Falik, counsel Meghan Fox and associate David Walsh</li> <li><b>Debt capital markets:</b> partner Gary Brooks and associate Xiaowen Zou</li> <li><b>Antitrust: </b>partners Brian Concklin and Leigh Oliver and associate Eva Kurban</li> </ul> Real estate Wed, 22 Jul 2026 18:04:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-national-storage-affiliates-on-its-acqui.html 2026-07-22T18:04:00Z Clifford Chance has advised Grenergy on the successful closing of the first financing of a stand-alone battery energy storage project in Spain. https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-grenergy-on-the-first-financing-of-a-stand-alone-battery-energy-storage-project-in-spain.html <p>The financing, structured as a senior non-recourse facility and including credit lines, is linked to the Oviedo project, a 618 MWh stand-alone battery energy storage facility located in La Corredoria, Asturias. The financing has been provided by Santander and Sumitomo Mitsui Banking Corporation (SMBC).</p> <p>The Clifford Chance team was led by partner José Guardo and counsel Eduardo Sánchez, with support from senior associate Ángel Muñoz and associates Alejandro Cubillo, Yago López and Asier Vivanco.<br> For further</p> <p><b>Press Contact:</b>&nbsp;<a href="mailto:Gonzalo.Trueba@CliffordChance.com" target="_blank">Gonzalo Trueba</a></p> Spain Wed, 22 Jul 2026 15:38:56 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-grenergy-on-the-first-financing-of-a-stand-alone-battery-energy-storage-project-in-spain.html 2026-07-22T15:38:56Z Clifford Chance reports record financial performance https://www.cliffordchance.com/news/news/2026/07/clifford-chance-reports-record-financial-performance.html <p><i>22,<sup> </sup>July 2026 </i>Clifford Chance has announced record financial performance, for the year ended 30 April 2026.</p> <p><b>FY26 Financial highlights:</b></p> <ul> <li><b>Revenue of £2.6 billion up 9%</b></li> <li><b>Partnership profit of £1.05 billion up 11%</b></li> <li><b>Profit per equity partner (PEP) up 9% at £2.3 million</b></li> <li><b>Since FY23, the firm has driven accelerated growth-adding £638m in revenue and £295m in profit, including 65% increase in US revenue.</b></li> <li><b>Strong performance across all markets and product areas, underlines the strength of integrated global platform and diverse client base.</b></li> </ul> <p>Charles Adams, Global Managing Partner said:<i> “These record results reflect the trust that clients place in us for their most critical cross-border matters. In an increasingly complex and fragmented geopolitical environment our connected global expertise combined with sector insights, give our clients a distinct advantage.&quot;</i></p> <p><i><b>Strong performance across all product areas and global regions</b></i></p> <p>The firm's client-led global strategy delivered growth across every region and product area.</p> <p>Momentum in the private markets drove demand for our integrated, cross-border advice across the entire private capital spectrum with strong activity in private equity/M&amp;A, funds and investment management, restructuring and private credit and associated product lines.</p> <p>Structural trends across technology and AI, healthcare and life sciences, defence, renewable energy and infrastructure - including data centres and other digital infrastructure, continued to underpin robust demand for our multi-product, sector expertise at a global scale.</p> <p>Revenue growth was broad-based across all regions globally, with Europe (including the UK) and the Middle East up 7% and 12% respectively. Asia Pacific was up 26%, driven by a resurgence in capital markets. The Americas delivered further strong growth of 9%, taking revenue growth in the region to more than 65% over the past three years.<i></i></p> <p>Charles Adams commented<i>: “As confidence returned to global dealmaking, we advised on some of the world’s largest and most complex M&amp;A and private equity transactions. Our work across the most active global business and investment corridors demonstrate the value of our deep connectivity across our global platform, our sector expertise and the strength of our expanding US capabilities.</i></p> <p><i>“Over the past three years, we have accelerated the scale, profitability and market recognition of our US platform. We have a strong pipeline of lateral talent and remain highly confident in our growth trajectory.”</i></p> <p><i><b>Sustained investment in talent, AI and operations</b></i></p> <p>Investment in top talent saw 28 lawyers promoted to the global partnership effective 1 May 2026. In addition, a total of 25 new lateral partners joined the firm globally.  Of these lateral hires and promotions, 15 were in the US.</p> <p>The firm has continued to invest in AI, technology-enabled delivery tools, infrastructure and in-house expertise, embedding these capabilities across workflows to support the delivery of client work. With AI adoption across the firm above 90%, these investments are driving greater efficiency, deeper insight and faster execution, helping to create value for clients at scale.</p> <p>Continued investments in enhancing the firm's office portfolio globally include its new offices in Paris, Houston London and expanding its New York footprint.</p> <p><i><b>Notes to editors:</b></i></p> <ul> <li><i>Revenue and profit growth is reported in constant currency.</i></li> <li><i>Partnership profit is calculated after remuneration of non-equity partners and excludes the cost of profit-related annuities payable to partners.</i></li> <li><i>In US Dollars, these figures are equivalent to revenues of US$3.5 billion, profit US$1.4 billion, PEP US$3.1 million.</i></li> <li><i>In Euros, these figures are equivalent to revenues of EUR3.0 billion, profit EUR1.2 billion, PEP EUR2.7million</i></li> <li><i>124 Band 1 Chambers Global rankings - more than any firm globally for the third consecutive year. </i></li> <li><i>Year-to-date, the firm has advised on M&amp;A and PE transactions totalling US300 billion, including seven $10bn+ deals (Source: Mergermarket) </i></li> <li><i>In Hong Kong, we advised on four of the 10 largest IPOs of 2025 by funds raised, representing more than US$5.5 billion in aggregate proceeds.&quot; (Source: Dealogic, January 2026)</i></li> <li><i>Alongside the firm's Chambers Global Band 1 ranking for PE, it was also the first and only non-US headquartered firm to be ranked for US PE Buyouts (large cap).  </i></li> <li><i>Since moving into our NY space at 2MW in May 2024, our New York attorney headcount has grown by 22%, including 18 new partners.</i></li> <li><i>Since 1 January 2025, the number of partners in the US increased by 34 (via lateral hires and promotions).  </i></li> <li><i>Since launching in Houston in 2023 to expand its global Energy &amp; Infrastructure practice, the office has grown to 19 partners and 47 fee earners, advising on energy, infrastructure, environmental transactions, regulatory, tax, private capital, and technology matters.</i></li> <li><i>The firm is part of the inaugural cohort of organisations in the Harvard Business School AI Institute and Microsoft Frontier Firm AI Initiative -a collaboration with a select group of global leaders shaping how AI is embedded at the core of business strategy and operations.</i></li> </ul> United Kingdom Wed, 22 Jul 2026 09:59:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-reports-record-financial-performance.html 2026-07-22T09:59:00Z Clifford Chance advises Delivery Hero on the recommended takeover offer by Uber https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-delivery-hero-on-recommended-takeover-offer-by-uber.html <p>The Clifford Chance team advised on antitrust and regulatory matters led by partners Nelson Jung and Stavroula Vryna.<br> <a href="https://www.deliveryhero.com/newsroom/delivery-hero-and-uber-to-join-forces-to-deliver-more-for-customers-vendors-and-riders/" target="_blank">Read more here</a>.</p> <p><b>Press Contact</b>:&nbsp;<a href="mailto:chanelle.mutawe@cliffordchance.com">Chanelle Mutawe</a></p> United Kingdom Mon, 20 Jul 2026 10:06:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-delivery-hero-on-recommended-takeover-offer-by-uber.html 2026-07-20T10:06:00Z Clifford Chance advises Kraken Technology Group through $175m raise at $1bn valuation https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-kraken-technology-group.html <p>The Clifford Chance team advising Kraken Technology Group was led by Private Equity Partner Emma Ghaffari, supported by Partner Karalyn Mildorf, Senior Associates Angus Hancock and Nissim Massarano, and Associate Samuel Smith.&nbsp;</p> <p>Read more:&nbsp;<a href="https://url.uk.m.mimecastprotect.com/s/viC4CvlmF7QoBwNIQfjfQ6GQx?domain=krakentechnology.com" target="_blank">Kraken Technology Group raises $175m at $1bn valuation</a></p> United Kingdom Fri, 17 Jul 2026 13:40:45 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-kraken-technology-group.html 2026-07-17T13:40:45Z Clifford Chance advises Deutsche Bank and BNP Paribas on Philippine Airlines' landmark US$300 million high-yield bond offering https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-deutsche-bank-and-bnp-paribas-on-philipp.html <p>The transaction marks the first rated high-yield bond offering by a Philippine issuer in more than a decade and the first unsecured rated high-yield bond issued by an Asian airline. The proceeds will support PAL's transformation and long-term growth strategy including fleet modernisation and international network expansion.</p> <p>Lead partner Alan Yeung in Hong Kong said, &quot;The strong investor demand for this transaction demonstrates continued appetite for well-structured high-yield opportunities in Asia, particularly where issuers can present a compelling credit story and growth trajectory. The success of this offering reflects the strength of Philippine Airlines' transformation story and the value clients place on integrated, commercially focused advice when bringing complex international transactions to market.&quot;</p> <p>Alan was supported by counsel Stephanie Liman in Singapore, associate Valerie Chan and trainee solicitor Cameron McGauchie in Hong Kong. In New York, partner Emily Wicker advised on airline industry aspects and partner Avrohom Gelber advised on US tax.</p> <p>Clifford Chance continues to play a leading role in advising on high-profile international bond offerings across Asia Pacific, having recently advised on <a href="https://www.cliffordchance.com/news/news/2026/06/clifford-chance-advises-danantara-indonesia-on-us-1-5-billion-de.html">Danantara Indonesia's US$1.5 billion debut international bond</a>, <a href="https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-on-renew-s-first-of-its-kind-green-bond-insurance-via-india-gift-city.html">ReNew’s pioneering green bond via India's GIFT City</a>, <a href="https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-on-thai-oil-s-us-600-million-subordinate.html">Thai Oil's US$600 million subordinated perpetual securities issuance and concurrent tender offer</a> and <a href="https://www.cliffordchance.com/news/news/2025/01/clifford-chance-advises-on-vedanta-resources--us-1-1-billion-bon.html">Vedanta Resources' US$1.1 billion bond</a>.</p> <p><b>Press contact:&nbsp;</b><a href="mailto:fenix.wong@cliffordchance.com">Fenix Wong</a></p> Transport & logistics Global Financial Markets Fri, 17 Jul 2026 06:59:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-deutsche-bank-and-bnp-paribas-on-philipp.html 2026-07-17T06:59:00Z Clifford Chance advises Vedanta Resources on US$1.75 billion bond issuances, and concurrent tender offers and consent solicitations https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-vedanta-resources-on-us-1-75-billion-bon.html <p>The transaction included the issuance of US$1.75 billion in aggregate principal amount of guaranteed senior bonds across three tranches: US$500 million 7.000% notes due 2032, US$700 million 7.375% notes due 2034 and US$550 million 7.750% notes due 2037. The proceeds will be used to repay existing bonds maturing between 2028 and 2033, including through concurrent tender offers and redemptions made available through the concurrent consent solicitations.</p> <p>Partners Alan Yeung and Gareth Deiner advised on the transaction, with support from counsel Stephanie Liman and associate Adam Fong.</p> <p>Alan said, &quot;This transaction highlights how debt capital markets and novel liability management solutions can be combined to support complex and broad refinancing objectives. Drawing on our experience across both areas, we worked closely with Vedanta and the parties involved to help deliver a comprehensive refinancing solution.&quot;</p> <p>Clifford Chance has been a longstanding adviser on international financing and debt capital markets transactions by Vedanta Resources over the years. The firm's role on this transaction together with its recent advice on <a href="https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-deutsche-bank-and-bnp-paribas-on-philipp.html">Philippine Airlines' landmark US$300 million high-yield bond offering</a> underscores its leading debt capital markets practice across Asia Pacific.</p> <p><b>Press contact:&nbsp;</b><a href="mailto:fenix.wong@cliffordchance.com">Fenix Wong</a></p> Energy & resources Global Financial Markets Singapore Hong Kong Fri, 17 Jul 2026 06:43:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-vedanta-resources-on-us-1-75-billion-bon.html 2026-07-17T06:43:00Z Clifford Chance advises Alba Infra Partners on the launch of Altevera, a pan-European “last-mile” renewable developer & energy generation platform https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-alba-infra-partners-on-the-launch-of-alt.html <p>Altevera will combine Alba’s infrastructure investment expertise with Tevalia’s highly experienced management team and strong renewable energy development, financing and M&amp;A capabilities.</p> <p>Altevera’s management aims to build a leading independent power producer (IPP) focused on selectively aggregating wind, solar and battery storage assets across attractive European markets. Initially, the platform will target opportunities in France, Italy, Germany and Poland.</p> <p>The platform aims to aggregate and co-develop more than 500 MW of operating and late-stage renewable energy assets, as well as a development pipeline exceeding 2 GW across Europe over the coming years. Its strategy focuses on partnering with leading developers to acquire de-risked, late-stage assets, creating value through portfolio optimisation, refinancing and disciplined expansion, while limiting exposure to early-stage development risk. Alba aims to deploy €150 million into Altevera, through its Alba EOPF II fund and co-investment.</p> <p>The Clifford Chance team included Patrick Tardivy, partner, Marc Diab Maalouf, counsel, Antoine Chomette, senior associate, and Reina Mahmoud, associate, on the M&amp;A aspects, Paul Loisel, partner, and Ambre Ronnel, associate, on the financing aspects, as well as David Por, partner, and Cyril Riffaud, counsel, on the intellectual property aspects.</p> <p><b>Press contact</b>: <a href="https://www.cliffordchance.com/people_and_places/people/media_contacts/laure-helene-caillot.html" target="_blank">Laure-Hélène Caillot</a></p> France Intellectual property Energy & resources Global Financial Markets Europe M&A corporate Thu, 16 Jul 2026 15:40:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-alba-infra-partners-on-the-launch-of-alt.html 2026-07-16T15:40:00Z Clifford Chance advises the lenders on the financing of the Rūdninkai Defence Force Campus https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-the-lenders-on-the-financing-of-the-rdni.html <p>In January 2026, UAB VPSP B and UAB VPSP C, project companies established by UAB Merko Statyba, entered into two separate public-private partnership (PPP) agreements with the Ministry of National Defence of the Republic of Lithuania for the design and construction of parts B and C of the Rūdninkai military infrastructure. The works comprise the development of engineering networks, roads, training grounds, administrative buildings, storage and maintenance facilities, sports infrastructure and other supporting structures across the site.</p> <p>The financing supports both phases of the project. For part B, EIB and SEB each provided EUR 86 million, bringing the total financing to EUR 172 million. For part C, EIB contributed EUR 98.4 million and Swedbank EUR 98.5 million, for a combined total of EUR 196.9 million.</p> <p>The transaction represents a significant milestone in the delivery of one of the largest defence infrastructure projects in the Baltic region. It also ranks among Lithuania’s most substantial defence investments since the country regained its independence in 1991.</p> <p>Located near the strategically important Suwałki Gap, the future military campus will accommodate around 4,000 German troops and 750 civilian personnel and will span approximately 170 hectares. The deployment marks Germany’s first permanent military presence abroad since the Second World War, underlining the strategic importance of the project for both Germany and its NATO allies.</p> <p>The Clifford Chance cross-border team was led in Paris by Delphine Siino Courtin, partner, Maxence De Rouville and Jorge Portocarrero, associates, on the project and financing aspects, and included Sandy Hall, partner, and Tom Pemberton, senior associate (London), on the construction and O&amp;M aspects, Florian Mahler, partner, Birte Hüller, senior associate, and Rima Lenders, senior transaction lawyer (Düsseldorf), on the specific German law aspects, as well as David Neu, partner, Christopher Banks, senior associate, and Asia Racines Carugo, associate (Munich), on the hedging aspects.</p> <p><b>Press contact:</b> <a href="https://www.cliffordchance.com/people_and_places/people/media_contacts/laure-helene-caillot.html" target="_blank">Laure-Hélène Caillot</a></p> Project development & finance Germany Industrials United Kingdom France Global Financial Markets Europe Construction Thu, 16 Jul 2026 13:13:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-the-lenders-on-the-financing-of-the-rdni.html 2026-07-16T13:13:00Z Clifford Chance advises Santander and ING on MLP Group S.A.’s €100 million Green Notes tap issuance https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advised-santander-and-ing-on-mlp-group-s-a-s-100-million-green-notes-tap-issuance.html <p>Listed on the Luxembourg Stock Exchange, the tap offering increases the aggregate principal amount of the Senior Green Notes due 2029 to €400 million. The proceeds of the offering will be used to finance certain new developments and land acquisitions to help deliver environmental benefits to MLP's existing and future sites.</p> <p>The Clifford Chance team was led by partner Michael Dakin with support from senior associate Yash Ranade, associate Aritra Saha, law clerk Saherish Surani and summer law clerk Kamden Martin. The team also included partner Andrzej Stosio, counsel Grzegorz Namiotkiewicz and associate Maciej Kujawa.</p> <p>To find out more, <a href="https://mlpgroup.com/wp-content/uploads/2026/07/7.07.2026-pricing.pdf" target="_blank">please read their press release here</a>.&nbsp;</p> <p><b>Press Contact:</b><a href="mailto:Emma.Cessford@CliffordChance.com" target="_blank">&nbsp;Emma Cessford</a></p> United Kingdom Tue, 14 Jul 2026 14:49:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advised-santander-and-ing-on-mlp-group-s-a-s-100-million-green-notes-tap-issuance.html 2026-07-14T14:49:00Z Clifford Chance advises Paragon on the sale of Primed Group to Inflexion https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-paragon-on-the-sale-of-primed-group-to-inflexion.html <p>As a developer, manufacturer, sterilization service provider and distributor, Primed Group covers the entire value chain and offers an innovative and high-quality product portfolio in the areas of tracheostomy and laryngectomy, wound drainage, thoracic surgery and stool management systems.</p> <p>The Clifford Chance team led by partners Mark Aschenbrenner and Volkmar Bruckner and included associate Veronika Müller (all Private Equity, Munich), partner Torsten Syrbe and senior associate Marlene Kießling (both Healthcare, Dusseldorf), partner Thomas Voland and senior associate Laura-Isabell Dietz (both Regulatory, Dusseldorf), partner Dominik Engl (Tax, Frankfurt), partner Christopher Fischer and associate Anna-Celine Brill (Employment, Frankfurt), partner (Germany) Gerson Raiser and associate Carla Schön (Compliance, Frankfurt), counsel Nicolas Hohn-Hein (IP, Dusseldorf) and partner Dimitri Slobodenjuk and counsel Arne Gayk (both Antitrust, Dusseldorf) as well as partner Michal Jasek, counsel Veronika Kinclova and associate Natalie Kurkova (all Corporate, Prague).</p> <p>Christian Ritschka from the Austrian firm Dorda provided advice on Austrian law.</p> <p><b>Press Contact:</b> <a href="mailto:nadja.fersch@cliffordchance.com">Nadja Fersch</a></p> Germany Tue, 14 Jul 2026 08:17:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-paragon-on-the-sale-of-primed-group-to-inflexion.html 2026-07-14T08:17:00Z Clifford Chance advises lenders on multi-billion dollar financing of the world's first 24/7 gigascale solar PV and battery storage project in Abu Dhabi https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-lenders-on-multi-billion-dollar-financing.html <p>The RTC Project, developed by Abu Dhabi Future Energy Company PJSC – Masdar in partnership with Emirates Water and Electricity Company (EWEC), will deliver up to 1 gigawatt of baseload power every day generated entirely from renewable energy, allowing clean power to be dispatched 24 hours a day, seven days a week. Integrating a 5.2GW solar PV plant with a 19 gigawatt-hour BESS, the RTC Project will be the largest and most technologically advanced system of its kind in the world. The project has a 30-year power purchase agreement with EWEC.</p> <p>Clifford Chance advised across the full complexity of the transaction, spanning the financing side, which incorporates a multi-tranche structure (including commercial loan facilities, Islamic financing tranches, hedging arrangements and Green Loan Principles) and the project documents drawing upon the team's deep experience of IPP arrangements as well as the EPC, O&amp;M and long-term service agreements. The team advised a syndicate of thirteen international and local banks, providing comprehensive transaction management through to financial close.</p> <p>The Clifford Chance team core team comprised Richard Parris (Partner, Dubai), Jeremy Barker (Partner, Dubai); Serena Chang (Senior Associate, Abu Dhabi); Marya Manna (Associate, Dubai) and Philippe Mattoo (Associate, Dubai) (all Project Development and Finance), together with cross-practice and additional support from Inaamul Laher (Partner, Abu Dhabi); Adil Timirzey (Senior Associate, Abu Dhabi); Cheuk Yin Cheung (Head of Structured Products – Middle East); Shuaib Mirza (Legal Consultant – Islamic financing); Grace Bradshaw (Trainee, Dubai) and Osama Al Ahmad (Trainee, Dubai).</p> <p><b>Press Contact:</b>&nbsp;<a href="mailto:Marissa.Capsie@cliffordchance.com" target="_blank">Marissa Capsie&nbsp;</a></p> Project development & finance United Kingdom Energy & resources Islamic finance Mon, 13 Jul 2026 13:53:10 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-lenders-on-multi-billion-dollar-financing.html 2026-07-13T13:53:10Z Clifford Chance advises HSBC on the issuance of its first digitally native tokenised structured product https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-hsbc-on-the-issuance-of-its-first-digitally-native-tokenised-structured-product.html <p>The transaction marks the first digitally native tokenised structured product issuance in Hong Kong under English law. Marketnode Pte. Ltd, an Asia-Pacific digital market infrastructure, was the platform operator and paying agent.</p> <p><b>Matteo Sbraga, Partner at Clifford Chance, said:</b><br> “HSBC’s first digitally native tokenised structured product is another important milestone in the evolution of tokenised capital markets. The transaction demonstrates how established English law issuance frameworks can be successfully adapted for innovative digital assets transactions.&quot;</p> <p><b>Mark Chan, Partner at Clifford Chance, said:</b><br> “We are delighted to have advised HSBC on this landmark issuance. The transaction reflects the growing momentum behind tokenised securities across Asia-Pacific and the increasing confidence of leading financial institutions in using digital market infrastructure for sophisticated capital markets products.”</p> <p>The Clifford Change team advising on this transaction was led by partners Matteo Sbraga (London), Mark Chan (Hong Kong), Stella Cramer (Singapore) and Lena Ng (Singapore) supported by consultant, Andrew Coates (London), counsel, Alexander Tollast (Paris), senior associates Yaru Chia (Singapore) and Christine Michelle Chan (Hong Kong) and trainee solicitor, Felicity Marlow (Paris).</p> <p>Clifford Chance is a pioneer in the digital bonds and tokenised securities space, having advised on many of the earliest and most influential digital bond issuances globally.&nbsp;Clifford Chance recently advised The Hong Kong Mortgage Corporation Limited on <a href="https://www.cliffordchance.com/news/news/2026/06/clifford-chance-advises-the-hong-kong-mortgage-corporation-limit.html" target="_blank">the largest-ever digital bond issuance globally to date</a></p> <p><b>Press Contact:</b>&nbsp;<a href="mailto:Emma.Cessford@CliffordChance.com" target="_blank">Emma Cessford</a></p> United Kingdom France Singapore Hong Kong Mon, 13 Jul 2026 11:15:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-hsbc-on-the-issuance-of-its-first-digitally-native-tokenised-structured-product.html 2026-07-13T11:15:00Z Clifford Chance advises Arla Foods on acquisition of Australian cottage cheese producer Brancourts https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-arla-foods-on-acquisition-of-australian-.html <p>The acquisition provides Arla Foods Mayer Australia with an established local production platform and enhances its ability to respond to evolving consumer preferences. By combining Brancourts' production capabilities with Arla's global category expertise and innovation capabilities, the business is well positioned to expand its branded offering and pursue further growth opportunities in the Australian dairy market.</p> <p><b>Mark Currell, Managing Partner, Australia, said:</b> <i>&quot;We are delighted to have supported Arla Foods on this strategic acquisition, advising across the full spectrum of legal issues through our multidisciplinary team. The transaction further strengthens Arla's footprint in Australia and positions Arla Foods Mayer Australia for continued growth as consumer demand evolves across the dairy sector.&quot;</i></p> <p>Mark Currell led the deal team, supported by counsel Sarah Jenkins, associates Libby Berger and Kingsley Duru, and graduate lawyer Lauren Erni. Partner Elizabeth Richmond and senior associate Sam Frouhar advised on the antitrust aspects of the transaction. Partner Rebecca Elgar, counsel Adrianna Witkowski, senior associate Japonica Sheridan and associate Thomas Prestwidge advised on the real estate aspects, while partner Clancy King and senior associate Paul Bonjour advised on employment matters.</p> <p>The transaction builds on Clifford Chance's experience advising on food and agribusiness M&amp;A, including its recent advice to&nbsp;<a href="https://www.cliffordchance.com/news/news/2026/06/clifford-chance-advises-tpg-and-other-shareholders-on-sale-of-ma.html#">TPG and other shareholders on the sale of MADE Group to Danone</a>.</p> Consumer goods & retail Global Financial Markets Employment, incentives & pensions M&A corporate Antitrust, EU & trade Mon, 13 Jul 2026 02:16:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-arla-foods-on-acquisition-of-australian-.html 2026-07-13T02:16:00Z Clifford Chance advises Permira on its strategic investment in Quadrante https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-permira-on-its-strategic-investment-in-quadrante.html <p>The Clifford Chance team advising was led by private equity partners Samir Azzouzi, Spencer Baylin and Emma Ghaffari, and supported by Patricia Puertas, Lewis Barton, Carlos Aleixandre and Juan Ibarra, Jorge Martín Fernández, Olga Albalá, María Guinot, Ignacio Baz, Diego Domenech, Michael Lyons, Carla Lewis, María Sabau, Irene Hernández, Chandralekha Ghosh, Josh Kennion, Liberty Haddrell, Octavio Canseco, Eleonora Udroiu and Maria Moga.</p> <p>Read more: <a href="https://www.permira.com/news-and-insights/announcements/quadrante-announces-strategic-investment-from-permira" target="_blank">https://www.permira.com/news-and-insights/announcements/quadrante-announces-strategic-investment-from-permira</a></p> <p><b>Press Contact:</b>&nbsp;<a href="mailto:Sonia.MalhotraDenny@CliffordChance.com" target="_blank">Sonia Malhotra-Denny</a></p> United Kingdom Spain Private equity Fri, 10 Jul 2026 14:14:00 GMT https://www.cliffordchance.com/news/news/2026/07/clifford-chance-advises-permira-on-its-strategic-investment-in-quadrante.html 2026-07-10T14:14:00Z