Skip to main content
news
Solar panels are seen on the roof of a public housing block in Singapore September 23, 2018. Picture taken September 23, 2018. REUTERS/Thomas White

Baker McKenzie has represented Portugal’s EDP Renewables (EDPR) on its S$937 million ($695 million) acquisition of a stake in Southeast Asian green energy firm Sunseap, which was advised by Rajah & Tann.

EDP Renewables (EDPR), the world's fourth-largest renewable energy producer, is 75-percent owned by Energias de Portugal, Portugal's biggest utility, reported Reuters, adding that the sellers on this deal included Thai energy firm Banpu, Singapore state investor Temasek Holdings, a Temasek-backed fund and other investors.

The deal values Sunseap at S$1.36 billion ($1 billion).

The Bakers’ team was led by Ashok Lalwani, Kenny Kwan, Caryn Ng, Lan Phuong Nguyen, Ean Mac Pherson and Murray Bowler.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

N&A, S&C, TMI advise as Japan's Nidec makes $1.6 bln bid for Makino Milling

TMI Associates, Freshfields and Davis Polk & Wardwell have represented Japanese manufacturing giant Nidec on its 257-billion-yen ($1.6 billion) bid for Makino Milling Machine, which turned to Nishimura & Asahi and Sullivan & Cromwell for advice.

N&A, MHM, Skadden, STB guide JX Advanced Metal’s $3 bln Japan IPO

by Nimitt Dixit |

Nishimura & Asahi and Skadden Arps Slate Meagher & Flom are advising JX Advanced Metals on its upcoming 460-billion-yen ($3 billion) initial public offering, the largest listing in Japan since SoftBank Corp’s $23.5 billion IPO in 2018.

Trilegal, Touchstone, CAM act on Carlyle’s $400 mln entry into India auto-components space

by Nimitt Dixit |

Trilegal has advised global private equity firm Carlyle on its acquisition of majority stakes in Highway Industries (HIL) and Roop Automotives for $400 million, marking its entry into India's auto components sector through a new manufacturing platform.