Baker McKenzie has successfully advised Global Infrastructure Partners, a part of BlackRock (“GIP“), in forming a strategic partnership with Charoen Pokphand Group (“CP Group“) and True Internet Data Center Co., Ltd. (“True IDC“), a major data center operator in Thailand, to upgrade Thailand’s data center infrastructure.
The partnership marks a significant milestone in digital infrastructure investment in Thailand for GIP. Baker McKenzie provided comprehensive legal advice on the transaction. Led by Partners Sumet Orsirivikorn and Purachate Manussiripen, and Lead Associate Sarun Poonyabavornchai. The team also included Partner Papon Kanungvanichakul and Associates Denpoum Pipatcharoenkij, Karnjanick Chutima, Puriwat Chaisiriroj, Chanikarn Anchananan and Tonpan Pokeaw.
For more details on GIP’s partnership with CP Group and True IDC, view their press release: https://www.global-infra.com/news/global-infrastructure-partners-gip-partners-with-cp-group-and-true-idc-to-accelerate-thailands-digital-infrastructure-growth/.
Commenting on the deal, Sumet said: “We are proud to have supported GIP throughout the entire life cycle of this significant transaction. This landmark deal showcases our strength in handling complex transactions and our expertise in digital infrastructure. We look forward to further supporting our clients with their investments in this sector as Thailand transforms into a regional digital economy.”
Purachate added: “We couldn’t be more pleased to have supported GIP in structuring this transaction, which represents a significant milestone in our clients’ expansion in the digital infrastructure sector. This deal is also a testament to the attractiveness of the Thai market for global investors. As businesses look to Thailand and the region for investment opportunities, we are committed to offering best-in-class legal advice to help them achieve success.”
