Latham advises CPP Investments on Inkia deal

Latham & Watkins has represented Canada Pension Plan Investment Board (CPP Investments) on its acquisition of a 50% ownership interest in Inkia Energy, a Peruvian private power generation company, at a total enterprise value of US$3.4 billion. The remaining 50% ownership stake was acquired by an I Squared Capital-led continuation vehicle, with the two parties investing alongside each other in the transaction.

Latham & Watkins advised CPP Investments throughout the transaction, with the firm’s Latin America Practice taking the lead role.

The Latham & Watkins deal team was led by Latin America Practice partners Tony Del Pino (pictured), Carlos Ardila, and Jane Greyf, supported by associates Said Bakir, Francisco Lanusse, Steph Ference, and Dean Dixon, as well as international visiting associate Giancarlo Carrazza.

Additional counsel was provided across several practice areas: tax matters were handled by partner Rene de Vera and associate Valerie Silva Parra; representations and warranties insurance (RWI) matters by partner Harrison White and associate Enrique Covarrubias; regulatory matters by counsel Tim McCarten; sanctions matters by partner Andrew Galdes and associate C.J. Rydberg; and compliance and data privacy matters by Houston partner Robert Brown.