Consortium Including Hubei Energy Group Co., Ltd., ACE Investment Fund II LP and CNIC Corporation Limited Announces $1.39 Billion Acquisition of Empresa de Generación Huallaga S.A.

August 25, 2017

S&C represents a consortium including Hubei Energy Group Co., Ltd., ACE Investment Fund II LP and CNIC Corporation Limited in the proposed $1.39 billion acquisition of Empresa de Generación Huallaga S.A. from Odebrecht Energia del Perú S.A. and Odebrecht Energía S.A. Hubei Energy Group Co. is controlled by China Three Gorges Corp.
 
The S&C team on the transaction was led by Sergio Galvis, Werner Ahlers and Chun Wei, along with Yeqing Zheng, Florence Zhang and Joaquin Perez Alati. Jamieson Logie, Jonathon Hannah and Jingjing Lu advised on financing matters; Rebecca Coccaro advised on executive compensation and benefits matters; Matthew Brennan advised on environmental matters; Ronald Creamer and Slki Hong advised on tax matters; and Nader Mousavi and Matthew Rosenberg advised on intellectual property matters.