Under construction
100% Stake Acquisition: Gulshat.


A target company legal due diligence was our responsibility here. We’d been through:
Constitutional documents, shareholding structure, actual controller, corporate profile;
Documents for target's assets, liabilities, and contractual relationships;
Ownership of the project land, agreements signed with the landowner and government;
PPA and GCA, FIT tenure, FIT indexation to inflation and exchange rate, grid connection conditions, and other terms having potential financial and legal impact;
PLAs received by the target/seller, grid connection scheme approval, feasibility study expertise approval;
The entire acquisition process including SPA and other documents drafting
Anti-monopoly clearance issues and anti-monopoly consent;
A deal worth US$8m, we advised Total Eren S.A. on the acquisition, construction, and operation of a 100MW solar power plant, M-KAT Green, in Kazakhstan.
A target company legal due diligence was our responsibility here.
We advised a large Qatar project management company on acquisition of 100% participating interest in the limited liability partnership, the owner of large land plots in Kazakhstan.
JSC National Company Samruk Energy is engaged in production, distribution, and sale of electric and heating power as well as in subsoil use.