Acquisition of 45% stakeholding in a Vietnamese project company – US$2.3 billion

Rodyk is acting for a Chinese state-owned EPC contractor in its US$2.3 billion acquisition of 45% stakeholding in a Vietnamese project company to develop a 2 x 660 MW coal-fired thermal power facility in Vietnam including advising on the build-operate-transfer agreement, power purchase agreement, coal supply agreement, EPC contract and related bonds and guarantees.

Finance partner Tan Joo Thye led, supported by partner Loke Wanqing and Mark Lin. They are assisted by associates Huang Zhichao and Jonathan Guwe.

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