Peace | Crowell acted as lead counsel to the borrower and host country developer in the $24.4 billion financing of the U.A.E. new-build nuclear power project – the Barakah Nuclear Energy Plant – which was the winner of the Global Finance Deal of the Year: [Read more…]
BARAKAH ONE COMPANY ANNOUNCES NEW BOARD MEMBERS AT FIRST GENERAL ASSEMBLY MEETING OF 2017
Peace | Crowell advises the Emirates Nuclear Energy Corporation in connection with the corporate governance of Barakah One Company, which will be responsible for the commercial and financial interests of the Barakah nuclear power project. Barakah One Company held its first General Assembly Meeting of [Read more…]
PEACE | CROWELL – CALIFORNIA SOLAR PROJECT
Peace | Crowell represented a California landowner in connection with the closing and leasing of three land parcels to a solar developer for the purposes of building, owning, maintaining and operating utility-scale photovoltaic solar power generating facilities. The solar developer is the US subsidiary of [Read more…]
UAE’S $24.4 BILLION NUCLEAR POWER PROJECT RECEIVES IJGLOBAL AWARD
Peace | Crowell acted as lead counsel to the borrower and host country developer in the $24.4 billion financing of the U.A.E. new-build nuclear power project – the Barakah Nuclear Energy Plant – which has received the ‘Public Sector Financing Deal of the Year’ award [Read more…]
Peace | Crowell Ranked in Global Infrastructure League Tables
Peace | Crowell has been listed as a new entrant to the global infrastructure finance league tables for 2016, ranking 13th for the year among the top legal advisors by deal value according to IJGlobal’s report. Subscribers can download the IJGlobal full-year league table report [Read more…]
UAE’s nuclear power project achieves $24.4 billion financing close
Peace | Crowell acted as lead counsel to the borrower and host country developer in the $24.4 billion financing of the U.A.E. new-build nuclear power project. The deal represents many first-of-a-kind transaction features, including the first hybrid sovereign/project financing structure for a new-build nuclear power [Read more…]
ENEC takes important step in launch of nuclear operating subsidiary
In what is a highly significant milestone for the Emirates Nuclear Energy Corporation (ENEC) and the UAE’s peaceful nuclear energy program, ENEC announced today the initiation of the formation of its operating subsidiary, Nawah Energy Company. As a wholly-owned ENEC subsidiary, Nawah has been mandated [Read more…]
Nawah to Manage UAE Nuclear Units
Peace | Crowell advises the Emirates Nuclear Energy Corporation in connection with the corporate formation and organization of Nawah Energy Company, which has now been mandated to operate and maintain the Barakah nuclear power generating units in the United Arab Emirates. Nawah aims to become [Read more…]
Grupo Dragon to commission 25.5 MW Unit 3 at Domo de San Pedro in Mexico
Peace | Crowell acted as lead international counsel to Grupo Dragón, which has recently announced that a 3rd unit has been completed and will be soon commissioned on the Domo de San Pedro geothermal field, located in Nayarit; the first private geothermal field in Mexico. [Read more…]
Project finance structures for nuclear
Peace | Crowell attorneys Jason Crowell and Viet Nguyen have published a new article on project finance structures for nuclear power projects. They note that nuclear power projects are, even when sponsored by private developers, uniquely governmental undertakings and as such a level of governmental [Read more…]