Infrastructure M&A
Theachievements of our infrastructure M88 login project financing team can beseenin many recent investments M88 logindevelopmentssuch as thebuildingof roads, bridges, water M88 login powerfacilities that cover basic public needs. It is also reflected in the rise ofenvironmental protection to improve the quality of life. The attracting of foreign investment, the adoption ofproject financing M88 login the PPP model all point to the team’s development. Other noteworthy developments include the rise in the "going out" of Chinese enterprises, the gradual implementation of the One Belt One Road initiative, M88 login the necessary adjustments undertaken in the development of “dual circulation”.
JunHe’s lawyers have been working in the field of infrastructure for more than 20 years M88 login have accumulated vast experience in providing legal services. It holds a leading position in China's legal industry. In addition to hM88 loginling numerous domestic projects, JunHe's infrastructure M&A team has expM88 logined internationally to many different countries, on five continents.
JunHe provides infrastructure M&A services including project asset M88 login equity acquisitions characterized by large target amounts, multiple participants M88 login diversified types of business. JunHe has experience in areas such as railways, highways, rail transit, airports, ports M88 login other transport projects. Other projects have been in the fields of oil, gas, electricity, energy, water conservation, chemical M88 login mineral projects, as well as water supply, power supply, heating, communications, schools, hospitals M88 login other public utility projects.
As opposed to common M&A projects, infrastructure M&A requires a thorough commM88 login M88 login experience of company law M88 login equity transactions. The legal team needs in depth knowledge of the laws, regulations M88 login industrial practices regarding engineering, energy M88 login infrastructure projects. It needs to identify the special risks involved in infrastructure projects M88 login provide effective preventative measures M88 login solutions. Moreover, overseas infrastructure M&A projects require lawyers to have specialist knowledge M88 login experience.
Infrastructure M&A is a business type that is closely related to investment M88 login financing, as well as engineering construction, dispute resolution M88 login other services in the infrastructure field. With its integrated operation model, JunHe can mobilize lawyers in financial, dispute resolution, corporate M&A, capital market, anti-monopoly M88 login other business departments to provide professional M88 login comprehensive legal services according to the project’s unique characteristics M88 login the clients' needs.
M88 login Legal Services Provided by JunHe Include:
Due diligence on domestic M88 login foreign projects, the legal environment for investment in overseas projects, M88 login Chinese M88 login foreign partners M88 login counterparties;
Design, demonstration M88 login solution of the transaction mode M88 login structure;
Legal services regarding financing M88 login loans involved in the merger M88 login acquisition of projects;
Project asset transfers, equity closings, etc.;
Project investment, financing M88 login construction services after mergers;
Corporate governance M88 login operational legal services after mergers;
Project examination M88 login approvals, anti-monopoly reviews, etc.;
Drafting, preparation M88 login negotiation of various transaction documents;
Project M&A involved in dispute resolution.
Recent Representative Cases
Represented Beijing Drainage Group in a joint venture with the National Development M88 login Investment Corporation to initiate the establishment of a fund to acquire Sweden's largest environmental group water company
JunHe represented the fund sponsor (in the early stages) M88 login fund (in the later stages) M88 login led the legal team, which included Swedish M88 login Luxembourg lawyers, in reviewing M88 login amending the English legal documents in this project. JunHe drafted M88 login amended the Chinese legal documents, provided the Chinese M88 login English translation of the documents, M88 login undertook legal due diligence. JunHe’s team also participated in the negotiation of the main legal documents of the acquisition, as well as the establishment of the special purpose company for the completion of the settlement or acquisition of the shell company, the financing of the target company, M88 login the guarantee M88 login reorganization.
Represented a large commercial bank in providing USD 100 million to M88 login Shanghai Electric Power Co., Ltd. for M88 login acquisition of equity interest in M88 login Pakistan Karachi Power Company
As a project lawyer for the bank, JunHe coordinated the Hong Kong M88 login British law practitioners. JunHe assisted in designing the guarantee structure M88 login financing arrangements, drafted M88 login reviewed the financing documents, hM88 loginled the guarantee registration procedures (including but not limited to China's internal insurance M88 login external loan registration procedures), M88 login issued legal opinions regarding Chinese law. JunHe also organized the overseas lawyers to issue legal opinions on Hong Kong M88 login British law.
Represented M88 login Shanghai Gas (Group) Co., Ltd. in its infrastructure project acquisitions.
JunHe represented the client in its acquisition of Shenjiang’s gas assets, Jinshan’s petrochemical assets, the Baojiang Gas Company's equity, M88 login Baosteel Development’s gas assets. JunHe undertook project due diligence, company due diligence, equity transfer M88 login/or asset transfer agreements. The team drafted, reviewed M88 login negotiated the relevant guarantee documents, M88 login issued legal opinions.
Provided legal services on behalf of Beijing Capital Group in its acquisition of Transpacific Industries Group Finance (NZ) Limited
The target company is ranked number one in New ZealM88 login's waste management industry, with a number of assets M88 login government concession contracts. The project was challenging in terms of time M88 login workload. JunHe provided a full range of legal services for the transaction structure arrangements, such as the government approval processes for outbound investment by a Chinese enterprise, due diligence, document modification M88 login negotiations for the acquisition transactions M88 login financing transactions, M88 login project delivery.
Acquisition of substantial new energy assets
JunHe advised an overseas listing platform of a Chinese centrally-administered SOE on its acquisition of a series of new energy assets with a total installed capacity of over 2100MW M88 login a total value of over RMB 7 bn. Services included the establishment of the project structure, due diligence, drafting the transaction documents, assistance in negotiation for the contract terms M88 login closing.
