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Deal Date: 18-11-2014 Practice Area: Project Finance and Infrastructure
Deal Title: Huaneng Power International Acquisition of Power Plants Portfolio Industry: Electricity
Description:
Herbert Smith Freehills advised Huaneng Power International Inc., one of China's largest listed power producers, on its acquisition of equity interests in ten power plants in China for a total consideration of USD1.19 billion. Beijing-based Huaneng Power is the listed unit of the mainland's largest power producer, China Huaneng Group. The company is mainly engaged in developing, constructing, operating and managing large-scale power plants throughout China. The Herbert Smith Freehills team was led by Beijing Office Head Tom Chau. Tom was supported by senior associate Sherry Lai and associates Lawrence Wang and Isaac Chen.
Financial Center: Beijing Value: 1000.01-5000.00
Advised Party: Purchaser Law Firm
Assets Jurisdiction China Purchaser Jurisdiction China
Classification: Transfer of Infrastructure Assets Power Stations
Lawyer Tom Chau