Risen

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;

Closing

Cases

Total Eren S.A.

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.

100% Stake Acquisition: Gulshat.

A target company legal due diligence was our responsibility here.

Al-Rayyan Project Management

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.

Four Natural Monopoly Companies: the Sale of Shares

JSC National Company Samruk Energy is engaged in production, distribution, and sale of electric and heating power as well as in subsoil use.