Ashurst, Clifford Chance (CC) and Linklaters are among a raft of firms to have advised on the £1.96bn debt restructuring of the ownership of Battersea Power Station. The deal will see the iconic power station transferred to a new holding company, with £437m of debt converted to equity.
Ashurst took the lead role for the power station’s owner, property company Real Estate Opportunities (REO), with a team led by corporate partner Nigel Stacey alongside finance partners Sarah Watkinson and Dan Hamilton and tax partners Richard Palmer and Simon Swann.
