The firm is pleased to continue our long-term relationship as international and Thai legal counsel to Electricity Generating Public Company Limited (BKK: EGCO) on its significant cross-border investment milestones. Most recently, our energy and infrastructure team in Bangkok represented EGCO on its re-entry into the Indonesian infrastructure and utility market by way of a strategic investment in newly issued shares worth USD194 million and representing a 30% ownership interest in PT Chandra Daya Investasi (CDI) (the “Transaction”), which is a subsidiary of PT Chandra Asri Petrochemical Tbk (now renamed as PT Chandra Asri Pacific Tbk) (JK:TPIA). Chandra Asri Pacific is Indonesia's leading chemical company engaging in infrastructure solutions and operating an integrated petrochemical plant. EGCO’s investment is made through its wholly-owned subsidiary in the Netherlands, Phoenix Power B.V.
Hunton Andrews Kurth serves as international and Thai legal counsel to EGCO on its significant cross-border investment milestones.
Related People
Related Services
Hunton Andrews Kurth Represents Flagstar Bank in the Sale of Its Residential Mortgage Servicing BusinessThe firm represented Flagstar Bank in a definitive agreement to sell its residential mortgage servicing business for approximately $1.4 billion.
Advises Darden Restaurants in $605 Million Purchase of Chuy’s HoldingsHunton Andrews Kurth LLP is advising Darden Restaurants, Inc. in its pending acquisition of Chuy’s Holdings, Inc. (Nasdaq: CHUY), in a transaction valued at $605 million.
$16M Jury Verdict for Spotlight Ticket ManagementHunton Andrews Kurth’s national trial team wins $16M jury verdict for long-time client Spotlight Ticket Management against StubHub.
