Skip to main content
news
REUTERS/Fred Prouser

Baker McKenzie has advised Thailand’s Electricity Generating Public Company (EGCO Group) on its $485 million sale of stakes in three geothermal power plants in Indonesia to Star Energy Group Holdings, which was counseled by Clifford Chance.

EGCO had entered the energy business in Indonesia in 2014 through investments in Start Energy Geothermal and Star Phoenix Geothermal – which own interests in three geothermal power plants in West Java named Wayang Windu, Salak and Darajat - but decided to divest to rationalise its asset portfolio, the Bangkok Post reported.

The Bakers team was led by Bangkok partner Preeda Meksrisuwan.

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

SAM, Latham guide Hexaware’s upcoming $1.2 bln India IPO

by Nimitt Dixit |

Indian law firm Shardul Amarchand Mangaldas & Co has been mandated to assist Hexaware Technologies, an AI-focused tech company backed by Carlyle Group, on its upcoming initial public offering (IPO) in India, which is expected to raise $1.2 billion.

AZB, Kirkland, Trilegal act on Bain Capital’s first India bet in 2025

by Nimitt Dixit |

AZB & Partners and Kirkland & Ellis have guided Bain Capital’s investment into Indian automotive component maker Dhoot Transmission Group, which was represented by Trilegal.

CC, DFDL, Bakers, HBS act on $550 mln Cambodia microfinance deal

Magic Circle law firm Clifford Chance and DFDL have advised a consortium of investors on the $550 million sale of Cambodian microfinance institution Amret to Taiwan's Bank SinoPac, which was represented by Baker McKenzie Taiwan and local firm HBS Law.