Tag: Pinsent Masons

Pinsent Masons advises NatWest in its first sustainability linked asset-based lending facility

Stuart Mitchell

Multinational law firm Pinsent Masons has advised NatWest in its first sustainability linked asset-based lending (ABL) facility to Recycling Lives, a UK recycling and waste management business. Recycling Lives turned to NatWest for a new financing package for refinancing and working capital purposes, working with their board of investors, Three Hills Capital Partners, and EY. This facility provides liquidity for Recycling Lives growth plans while reflecting commitment to help build a greener and fairer economy.  The NatWest team structured a £40.3 million ABL facility to provide liquidity to refinance existing…

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Pinsent Masons advises SUSI Partners on the launch of its Southeast Asian Renewables platform

Stuart Mitchell

Multinationallaw firm Pinsent Masons has advised SUSI Partners and its Asia EnergyTransition Fund on the launch of a renewable energy platform to developlarge-scale renewable assets across Southeast Asia. The platform will establish utility-scale renewable energy assets across the Philippines, Vietnam, Indonesia, Cambodia and other Southeast Asian markets in partnership with regional developer Pacific Impact Development (Pacific Impact). It will focus on greenfield development including solar PV, wind and hydro assets, and the construction and operation of utility-scale generating renewable assets. Pinsent Masons facilitated the agreement between the platform and the…

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Pinsent Masons advises on Umicore’s € 591 million sustainability linked note fundraising

Stuart Mitchell

Multinational law firm Pinsent Masons has advised various institutional investors in relation to Umicore’s € 591 million sustainability linked note fundraising. Umicore is a leading circular materials technology company with an extensive expertise in the fields of material science, chemistry and metallurgy.  The fundraising relates to the private placing of notes with more than 15 institutional investors. The deal further ties the group’s funding to its sustainability performance. The coupon of the notes will be directly linked to Umicore’s progress towards the carbon neutrality goals formulated in its ‘Let’s go for Zero’…

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Pinsent Masons wins Sustainable Business of Law award at FT Innovative Lawyer Awards Europe 2022

Stuart Mitchell

Multinational law firm Pinsent Masons has won the Sustainable Business of Law award at the FT Innovative Lawyer Awards Europe 2022 for its approach to ESG and its Climate and Sustainability group. The firm’s work implementing net zero 2040 targets, including cuts to energy use via innovative demand side response technology, the introduction of travel carbon budgets and empowering its people to take ownership and responsibility for their own carbon footprint were highlighted by the judges. Pinsent Masons was shortlisted in seven categories in this year’s awards in Diversity and…

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Pinsent Masons advises SOLA Group on renewable energy Power Purchase Agreement

Stuart Mitchell

Multinational law firm Pinsent Masons was appointed as sponsors legal counsel and advised South African energy company SOLA Group on its solar power initiative with Tronox, which will transform the manufacturing business’ electricity supply and support its 2050 net zero targets. The projects see Tronox enter into long-term power purchase agreements (PPA) with SOLA Group which will provide 200 Megawatts of solar power to Tronox’s mines and smelters across the country. Via the PPAs, the solar projects are expected to provide approximately 40% of Tronox’s South African electricity needs. A…

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