24 August, 2015
Stephenson Harwood (Singapore) Alliance advised SBI Offshore Limited (a company listed on the Catalist Board in Singapore) in its acquisition of a 51% stake in four revenue-generating solar photovoltaic power plants and systems in Europe and two operating companies from its German partner, the Gräss Group, for S$13.97 million.
The assets will be injected into Graess Energy Pte Ltd, a joint venture between SBI Offshore Limited and the Gräss Group. Stephenson Harwood (Singapore) Alliance also advised SBI Offshore Limited on the joint venture agreement.
The Stephenson Harwood (Singapore) Alliance team was led by Partner Douglas Koh.