Rio de Janeiro, Brazil. (Photo: Shutterstock.com) Brazil's Trench Rossi Watanabe, Mattos Filho Guide Thermoelectric Deal With China
The sale to China's State Power Investment Corp. was complex due to regulatory concerns as well as COVID-19.
September 08, 2020 at 12:35 PM
2 minute read
The Brazilian law firm Trench Rossi Watanabe, which has a cooperation agreement with Baker McKenzie, has helped the Brazilian subsidiary of China's State Power Investment Corp. enter into an agreement to acquire 33% of the capital in two thermoelectric power plants in the state of Rio de Janeiro.
Brazilian firm Mattos Filho represented the seller, Gás Natural Açu, and its shareholders: German conglomerate Siemens, British oil giant BP and Brazilian logistics company Prumo.
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