Mattos Filho advise GIP on the acquisition of Aliança from Vale
Mattos Filho advised Global Infrastructure Partners (GIP) on the acquisition of 70% of the economic interest held by Vale in Aliança Geração de Energia.
Vale will retain a 30% economic interest. The closing of the transaction is subject to approval by CADE and ANEEL and corporate reorganization involving Vale’s participation in UHE Candonga and the Sol do Cerrado Solar Complex, consolidating a renewable energy platform with 2,189 MW of installed capacity formed by the aforementioned solar complex, 3 wind complexes, and 7 hydroelectric plants (3 of which are held through consortia).
Additionally, the firm has advised GIP on the renegotiation of power purchase agreements between Aliança and Vale; and, together with Latham & Watkins, on the negotiation of the acquisition finance.
The transaction value was U$ 1 billion.
Mattos Filho advised (GIP) in its partnership with Vale in Aliança Energia. The M&A transaction was led by M&A partner Sabrina Naritomi, who worked alongside with energy partner Fabiano Brito and M&A partner Joana Gomes. The acquisition finance was managed by Latham and Mattos Filho, led by partner Pablo Sorj, associates Antonio de Oliveira Filho, Larissa Piccolo, Pedro Hirata.
(Pictured from left to right: Sabrina Naritomi, Pablo Sorj, Fabiano Luz de Brito, Joana Nara Lima Pimentel Gomes)
Demarest Advogados advised Vale and relied on partners Thiago Maia, Rosi Costa Barros, Roberto Casarini, and associates João Paulo Assunção, Hector Caires, Maria Júlia Franco and Arthur Azerêdo.
