Freshfields Bruckhaus Deringer and Skadden Arps Slate Meagher & Flom have lined up to advise on Huaneng Renewables' $800m (£500m) Hong Kong initial public offering (IPO).

Skadden took the lead role for the Chinese renewable energy company, fielding a team led by Hong Kong corporate partner Dominic Tsun alongside Shanghai corporate and M&A partner Gregory Miao.

Freshfields acted for the underwriters, which comprised Morgan Stanley, China International Capital Corporation, Goldman Sachs and the Macquarie Group, with a headed up by Hong Kong corporate partner Calvin Lai.

DeHeng Law Offices provided Chinese law advice to Huaneng, while Jingtian & Gongcheng advised the underwriters.

The news comes after Freshfields' recent role on the $1.5bn (£921m) listing of luggage maker Samsonite International on the local stock exchange this month.

The IPO marked the latest foreign consumer brand to go public in Hong Kong following French skincare brand L'Occitane International's $780m (£479m) launch last year.

Italian fashion group Prada also announced it was eyeing up a float on the Hong Kong Stock Exchange in February this year, which could see the label valued at as much as $8.2bn (£5bn). Clifford Chance and Italian leader Bonelli Erede Pappalardo are advising on the listing.