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Deal Date: 16-08-2016 Practice Area: Project Finance and Infrastructure
Deal Title: Financing for Gunvor Petroleum Rotterdam Refinery Upgrade Industry: Oil & Gas Producers
Description:
Clifford Chance advised Gunvor Petroleum Rotterdam BV on the financing of a comprehensive upgrade of its Gunvor Petroleum Rotterdam refinery. Gunvor Group, one of the leading global commodity trading houses, acquired the former Kuwait Petroleum Europoort refinery in early 2016. Gunvor was aiming to develop and upgrade the refinery to be of more added value to Gunvor's the existing European refinery network. Gunvor successfully secured a USD 200 million project financing facility, led by its Dutch banking partners, to support the proposed development and infrastructure upgrade.
Financial Center: Dusseldorf Value: 100.01-500.00
Advised Party: Equity Sponsor Law Firm
Project Location Netherlands Equity Sponsor Netherlands
Classification: Project Finance Oil and Gas
Lawyer Florian Mahler