24 Feb 2022
S$1.1 billion sale of 91% stake in Sunseap Group Pte. Ltd to EDP Renewables
Partners from Rajah & Tann Singapore acted for Sunseap Group Pte. Ltd. in the S$1.1 billion sale of a 91% stake by certain shareholders including Thai energy firm Banpu Public Company Limited and Singapore’s Temasek Holdings Limited, to world’s leading renewable energy company, EDPR. Partners Chia Kim Huat and Hoon Chi Tern from the Capital Markets / Mergers & Acquisitions practice, alongside Partners Lee Xin Mei and Adzfar Alami from the Banking & Finance practice, and Partner Kala Anandarajah from the Competition & Antitrust and Trade practice, led the transaction.