Tag: Pinsent Masons

Pinsent Masons wins Innovative Lawyers in Sustainability at the FT Innovative Lawyer Awards Apac 2023

Stuart Mitchell

Multinational law firm Pinsent Masons has won the Innovative Lawyers in Sustainability award at the FT Innovative Lawyer Awards Asia Pacific 2023. The firm secured the win for its role collaborating with a consortium of advisers including KPMG on Asian Development Bank’s (ADB) Energy Transition Mechanism (ETM) as it seeks to support the phase out of coal fired power stations in South East Asia. Via the ETM programme, the retirement of coal fired power plants and the shift towards renewable energy is projected to save two gigatonnes of carbon emission…

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Pinsent Masons advises IFC on landmark investment in Mongolia’s first ever green bond issuance

Stuart Mitchell

Multinational law firm Pinsent Masons has advised International Finance Corporation (IFC) on its investment in Mongolia’s first ever green bond issuance. The firm advised on IFC’s investment, alongside Dutch entrepreneurial development bank, FMO, and US-based microfinance investor, MicroVest Capital Management, in Khan Bank’s US$60 million issuance of five-year green bonds.     Khan Bank, Mongolia’s largest commercial financial institution, will use funds raised by the issuance to grow its climate portfolio by funding projects that support renewable energy, energy efficiency, climate-smart agriculture, and sustainable building and mobility. IFC’s investment supports Mongolia’s…

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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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