Latham & Watkins has advised Singapore sovereign wealth fund GIC on its proposed 20 billion Philippine peso ($420 million) acquisition of a stake in AC Energy Philippines.

AC Energy and Infrastructure, a subsidiary of Ayala Corporation, focuses on investments in renewable energy, greenfield or brownfield projects and conventional technologies.

GIC made this offer through an affiliate company – Arran Investment.

The Latham team was led by partners Mark Cooper and Sharon Lau.

 

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