28 October, 2017
Skadden is representing Singapore based Equis Funds Group on the largest renewable energy generation acquisition in history.
On October 25, Equis Funds Group, the largest renewable energy independent power producer in Asia Pacific, operating across Australia, India, Indonesia, Japan, the Philippines and Thailand, with over 180 assets comprising over 11,000 MW in operation, construction and development, announced the signing of a sale and purchase agreement for the sale of Equis Energy to Global Infrastructure Partners and co-investors for US$5.0 billion (including assumed liabilities of US$1.3bn).
The Skadden team was led by partners Jonathan Stone and Rajeev Duggal, counsel Parveet Gandoak, and associates Garrick Merlo and Zach Levine in Hong Kong and Singapore.
For further information, please see Equis' press release here: http://equisfg.com/wp-content/uploads/2017/10/GIP_EquisEnergy_Final-003.pdf
