Shepherd and Wedderburn advises on the Scottish real estate aspects of North Sea Midstream Partners’ £585m acquisition of infrastructure assets from Total
Leading UK law firm, Shepherd and Wedderburn have acted alongside lead adviser, Freshfields Bruckhaus Deringer in advising North Sea Midstream Partners (an affiliate of ArcLight Capital Partners LLC) on the Scots law real estate and consenting aspects of its acquisition of Total’s 100 per cent operated interest in the Frigg natural gas pipeline and the St Fergus Gas Terminal and Total’s 67 per cent operated interest in the SIRGES gas pipeline for £585m. The acquisition is subject to regulatory and other customary approvals.
The Shepherd and Wedderburn team was led by real estate partners, Colin Robertson and Scott Ritchie. Colin Robertson stated: “We are delighted to have worked alongside Freshfields Bruckhaus Deringer on what will undoubtedly be a very significant acquisition for North Sea Midstream Partners.”