The Firm is representing Kohlberg Kravis Roberts & Co. (“KKR”) in connection with the acquisition from A2A S.p.A. (“A2A”) of A2A Coriance SAS (“Coriance”), a French société anonyme simplifiée specializing in the design, construction and operation of cogeneration, biomass, geo-thermal sources, and waste to energy plants in France, with an aggregate managed capacity of 790 MW of thermal power and 123 MW of cogeneration power.
A2A is the one of the largest companies in Italy in the production, distribution and sale of electricity and a national leader in gas distribution, water treatment and distribution and waste management. It is listed on the Borsa Italiana and also operates in Spain, England and Montenegro. The transaction is expected to close during the second half of 2012.
The Simpson Thacher team includes: Alvaro Membrillera, Kristy Greene, Jenny Marsh and Audrey Hage (M&A); Ian Barratt and Tom Lloyd (Banking and Credit); David Vann and Etienne Renaudeau (Antitrust) and Meredith Jones (Tax).
