JSC National Company Samruk Energy is engaged in production, distribution, and sale of electric and heating power as well as in subsoil use. They addressed us to advise in connection with the proposed sale of shares in four natural monopoly companies engaged in production, distribution and sale of electric and heating power, as well as in subsoil use – all making the legal aspect intricate and overcomplicated for an ordinary advisory. But we are slightly more than that.

Samruk Energy

Four Natural Monopoly Companies: the Sale of Shares

We conducted the full-blown due diligence of target companies; developed an action plan to address all the legal risks and violations identified; organised and maintained electronic bids and negotiations; drafted the sale, purchase, security, and option agreements; obtained regulatory approvals for the transfer; attained the antimonopoly clearance; and advised the Client on corporate governance matters following the sale.

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.