Multiple EY & AHB projects win pfi awards January 2020 » EY & AHB have advised on multiple deals that won 2019 pfi Awards as announced by the Project Finance International (PFI) magazine. The winning deals on which EY & AHB advised were:
Asia-Pacific Renewables Deal of the Year: Yunlin Offshore Wind
EY & AHB advised the export credit agencies on the €2.7 billion (NT$94 billion) project financing of wpd AG’s 640 MW Yunlin offshore wind project off the coast of Yunlin County in western Taiwan. To date, this is the largest offshore wind farm in Asia-Pacific to reach financial close.
Middle East Petrochemical Deal of the Year - Bapco
EY & AHB advised the export credit agencies on the US$4.1bn multi-source conventional and Islamic ECA-backed financing of its +US$6bn refinery expansion and upgrading project.
EY & AHB appointed as Financial Advisor for the Pengerang Energy Complex in Malaysia July 2017 » EY & AHB appointed as financial advisor to the sponsors for the ECA financing (Euler Hermes, SACE, UKEF) of the Pengerang Energy Complex in Malaysia.
EY & AHB appointed as advisor to ECAs for CFXD Offshore Wind Farm Project in Taiwan June 2018 » EY & AHB appointed as interdisciplinary advisor to the ECAs (Atradius DSB, EKF, Euler Hermes, GIEK, Ksure, NEXI, UKEF) for the CFXD Offshore Wind Farm Project in Taiwan.
EY & AHB awarded "Financial Advisor of the Year" (IJ Global) March 2019 » EY & AHB awarded with the "Financial Advisor of the Year" at the IJ Global 2018 - The Americas awards. In addition the Porto de Sergipe II LNG to Power Project in Brazil received an award. EY & AHB had acted as financial advisor to the Swiss export credit agency SERV on the project.
EY & AHB appointed as advisor for Formosa 2 Offshore Wind Farm Project in Taiwan February 2019 » EY & AHB appointed as interdisciplinary advisor to Euler Hermes for the Formosa 2 Offshore Wind Farm Project in Taiwan.
EY/AHB appointed as advisor to ECAs for Yunlin Offshore Wind Farm Project in Taiwan August 2018 » EY/AHB appointed as interdisciplinary advisor to the ECAs (Atradius DSB, EKF, Euler Hermes) for the Yunlin Offshore Wind Farm Project in Taiwan.
EY & AHB appointed as advisor to SERV for Summit Meghnaghat 2 IPP Project in Bangladesh April 2018 » EY & AHB appointed as interdisciplinary advisor to the Swiss Export Risk Insurance (SERV) for the Summit Meghnaghat 2 IPP Project in Bangladesh.
EY & AHB appointed as ECA Advisor for the BAPCO Modernization Program in Bahrain July 2017 » EY & AHB appointed as interdisciplinary advisor to the ECAs (CESCE, KEXIM, SACE, UKEF) for the BAPCO Modernization Program in Bahrain.
Dr. Felix Reiche appointed as honorary professor Dec 2016 Dr. Felix Reiche has been appointed as honorary professor for corporate taxation and business law at the university of applied sciences in Wedel by the minister for social affairs, health, sciences and equality of treatment of the federal state Schleswig-Holstein.
EY & AHB appointed as advisor to SERV for Porto de Sergipe I LNG to Power Project in Brazil November 2016 » EY & AHB appointed as interdisciplinary advisor to the Swiss Export Risk Insurance (SERV) for the Porto de Sergipe I LNG to Power Project in Brazil.
AHB advises private equity investor BID EQUITY on acquisiton of Midoco GmbH
7 December 2016 Led by corporate Partner Dr. Benjamin Waitz AHB has advised private equity Investor BID Equity on the acquistion of Midoco GmbH, a software company based in Hilden, Germany.
Since its foundation in 2005, Midoco evolved to Germany’s leading midoffice software for the travel industry. Main customer segments include business and leisure travel agencies, online travel agencies, virtual tour operators as well as mobile travel service operators. In 2015 alone, transactions worth 7.8 billion Euro were executed through Midoco’s SaaS solution.
The three co-founders and Managing Directors of Midoco, Steffen Faradi, Marcus Haarmann, and Jörg Hauschild will remain significant shareholders of the company. The transaction became effective on 6 December 2016.
Dr. Sebastian Hofert von Weiss ranked as one of the 100 top lawyers working in wind June 2016 The Legal Power List 2016 ranks Dr. Sebastian Hofert von Weiss as one of the 100 top lawyers working in wind (rank 82). The list emphasizes Hofert von Weiss' contribution to the Galloper Offshore Wind Farm (UK) and the Gemini Offshore Wind Farm (Netherlands).
EY & AHB among the TOP 10 Financial Advisors worldwide July 2016 In its latest league tables IJ Global lists the Global ECA Coordination Practice of » EY & AHB as one of the TOP 10 Financial Advisors worldwide for project, corporate and non-commercial finance (rank 8).
EY & AHB appointed as advisor to SACE and GIEK for cruise ship project in the luxury segment Mai 2015 » EY & AHB are providing interdisciplinary support to the Italian export credit agency SACE SpA and to the Norwegian export credit agency Garantiinstituttet for eksportkreditt (GIEK) for the financing of four cruise ships in the luxury segment.
EY & AHB appointed as independent expert for the Infinity Solar Project in Egypt May 2015 » EY & AHB appointed as independent expert for the Federal German Government for the financing of the Infinity Solar Project in Egypt.
Liwa Plastics Industries Complex financed
13 March 2015 Oman Oil Refineries and Petroleum Industries Company SAOC (Orpic) has closed a USD 3.8 billion project financing facility for its approx. USD 6.5 billion Liwa Plastics Industries Complex in the Sohar Industrial Port Complex (LPIC) in the Sultanate of Oman.
The financing is supported by Export Credit Agencies (ECAs) representing the governments of Germany (Euler Hermes), Italy (SACE), Korea (K-Exim and K-Sure), the Netherlands (Atradius Dutch State Business) and the United Kingdom (UKEF), along with 19 international, regional and local commercial lenders.
The financing was completed on an accelerated basis to ensure compatibility with the project’s ambitious construction schedule. Commissioning of the project is scheduled for 2020.
With their EY & AHB have supported the ECAs as ECA Coordinator, providing interdisciplinary due diligence support, financial analysis, transaction management and negotiation support. In addition EY & AHB have acted as Independent Chartered Auditor for the Federal German Government.
AHB invites you to join a workshop on »Unternehmensteuern 2016 – Brennpunkte bei M&A- und Immobilientransaktionen«
On 14 April 2016 we will update you on the latest in terms of taxation in connection with M&A and Real Estate transactions. In our workshop »Unternehmensteuern 2016« (in German) Dr. Felix Reiche and Dr. Henrik Lay will explain tax structuring and pitfalls and provide an overview in respect of current relevant developments in tax legislation, jurisprudence and fiscal authorities practice. The workshop will be followed by an informal get-together. Details can be found » here .
AHB Rechtsanwälte Steuerberater advises management of d&b audiotechnik on aquisition by French investor Ardian
2 March 2016, Hamburg French Private Equity Investor Ardian has (subject to confirmation by the competent cartel authorities) acquired d&b audiotechnik (a swabian manufacturer of audio Systems) from holding companies Odewald und Cobepa. Dr. Benjamin Waitz has advised the management of d&b audiotechnik around CEO Amnon Harman on the transaction.
AHB is strengthening its corporate and transaction tax capabilities with Dr. Henrik Lay as new partner
January 2016 AHB Rechtsanwälte Steuerberater welcomes Dr. Henrik Lay as new Partner of its taxation pratice. The law firm now comprises seven Partners and four Associates. Further growth is envisaged. For further Details (in German) please see » here
AHB acts as legal advisor to Corpus Sireo Health Care Fonds II on the acquisition of two nursery homes in Rostock and Woltersdorf
November 2015 The real estate team of AHB has advised Corpus Sireo Health Care Fonds II on the acquisition of two nursery project developments in Rostock and Woltersdorf (close to Berlin). In Rostock a nursery home with 121 single rooms and 12 double rooms is being built. In Woltersdorf a new nursery center with 122 single rooms will be developed. Seller is Toepel Bauunternehmung GmbH, Magdeburg. Tenant of the nursery home is AlexA Seniorendienste. AHB is acting as legal advisor to Corpus Sireo Health Care Fonds II since the inception of the funds in 2011. The funds has a target volume of Euro 300 m and currently owns more than 15 nursery homes across Germany.
Galloper Offshore Wind Farm Project reaches Financial Close
November 2015 In record time the » Galloper Offshore Wind Farm off the coast of the United Kingdom has reached Financial Closing mid October 2015. » EY & AHB have provided comprehensive and interdisciplinary support to the European Investment Bank in respect of due diligence and financing negotiations.
EY & AHB appointed as advisor to UKEF for the Offshore Atlanta Field, Brazil
September 2015 » EY & AHB are providing interdisciplinary support to the British export Credit Agency UK Export Finance in respect of prospective » direct lending to the foreign buyer (QGEP) for procuring UK export.
AHB advising HSH Nordbank AG
August 2015, Hamburg. AHB continues to advise » HSH Nordbank AG on revitalisation of the “HSH Nordbank Shopping Mall” and in respect of interests of neighbours (Centrum Holding).
EY & AHB supporting the EIB with the Galloper Offshore Wind Farm Project
August 2015 » EY & AHB are providing interdisciplinary support to the European Investment Bank on due diligence and in the financing negotiations in respect of the » Galloper Offshore Wind Farm off the coast of the United Kingdom.
AHB at Expo Real 2015
August 2015, Munich. Also this year AHB is represented at the 18th international fair for real estate and investments from 5 to 7 October 2015 in Munich.
AHB provides advice to Bode Chemie GmbH
August 2015, Hamburg. In the course of a restructuring the employee representation of Bode Chemie GmbH is relying on AHB.
AHB counsels Airbus service provider
August 2015, München. AHB provides advice to a national Airbus service provider in respect of engineering services, corporate restructuring and M&A projects.
EY & AHB appointed as advisor to SACE for two cruise ship projects
June 2015 » EY & AHB are providing interdisciplinary support to Italian export credit agency SACE S.p.A. for the financing of two significant cruise ship fleets.
EY & AHB appointed as ECA Coordinator for the LIWA Plastics Industries Complex
June 2015 » EY & AHB are supporting the financing work of the eight export credit agencies approached (Atradius DSB, Euler Hermes, JBIC, KEXIM, KSure, Nexi, SACE and UKEF) for this mega downstream » plastics industry project in Oman.