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Hogan Lovells Advises SunEdison On Continuum Wind Acquisition.

18 June, 2015

 

Hogan Lovells has advised renewable energy development company SunEdison, Inc. on the acquisition of Indian wind power company Continuum Wind Energy Limited (Continuum) from MSIP International Holdings Cooperatief U.A., a cooperative incorporated in the Netherlands and advised by Morgan Stanley Infrastructure, and Continuum Energy Pte Limited, a company incorporated in Singapore. The transaction signed on Friday, 12 June 2015.

 

The Hogan Lovells team advising SunEdison was led by London corporate energy partners Steven Bryan and Nigel Read, with support from tax partner Philip Harle.  The client was also advised by Allen and Gledhill on matters of Singapore law and by Cyril Amarchand Mangaldas on matters of Indian law.


Commenting on the transaction, Steven Bryan said:


“This is a key transaction for our client SunEdison in line with their strategic ambitions. There has been rapid growth in India‚Äôs renewable energy market, particularly in wind and solar, which makes India a core target area for SunEdison. Continuum is a leading wind energy company which brings significant assets and a skilled wind development team to SunEdison’s India portfolio. At the intersection of business and regulation and with our broad geographic footprint, Hogan Lovells is ideally placed to advise on complex cross border M&A in highly regulated sectors such as this.”

 

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