Two firms act on investment by Itaú Unibanco in Equatorial Energia
Stocche Forbes advised Equatorial Energia on a R$ 2.1 billion equity primary investment by Itaú Unibanco, wich was advised by Lobo de Rizzo. The transaction was accomplished through the subscription of class B preferred shares issued by Equatorial Energia Distribuição, which is a holding company controlled by Equatorial Energia.
As a previous step to the transaction, the totality of the shares held by Equatorial Energia in Equatorial Piauí Distribuidora de Energia, representing 94,94% of its total share capital, was contributed to Equatorial Distribuição.
After the completion of the deal, Itaú became the holder of preferred shares (divided into class A and class B preferred shares) representing 20,83% of the share capital of Equatorial Distribuição.
Stocche Forbes Advogados advised Equatorial Energia and relied on partners Frederico Moura (pictured left), Pietro Bianchi (pictured center left), Bruna Bellotto (pictured center) and Daniel Loria (pictured center right); associates Luis Filipe Ferreira da Costa, Raphael Fonseca Niemeyer, Ana Caroline Santos Moura, Paula Ghetti Lyrio, Lucas de Azevedo Mascarenhas, Rodrigo Moreira Passarini de Araújo.
In-house counsel to Equatorial: Carolina Maria Matos Vieira, Renan Vieira Santos, Cristiano Dualibe Costa and Maiana Cristina Bastos de Oliveira.
Lobo de Rizzo Advogados advised Itaú Unibanco and relied on partner Maria Costa Neves Machado (pictured right) and associates Vitória Vidal Serrano, João Matheus Santos Abrahão, Bruno de Camargo Barreiros and Mariana Modesto Zelmanovits.
