21 Jan 2020 | 05:21 pm |
International law firm Pinsent Masons has advised global energy company BP on its investment in energy management tech specialist R&B
This is the first BP Venture investment in the field of artificial intelligence (AI) technology in China. R&B's energy management systems are designed to predict, control and improve a building’s energy use, supporting BP Alternative Energy’s focus on low-carbon power, storage and digital energy value chain.
Pinsent Masons advised BP throughout the lifecycle of the deal, from due diligence to the drafting, reviewing and negotiation of investment transaction documentation as well as completion.
Wei Liu, Corporate Transaction Services partner of Pinsent Masons said, "Energy saving and emission reduction become a reality when AI, energy and capital are combined together. This is a project with unlimited potential and high social value. We're proud to have participated in and contributed to the project of BP's investment in R&B."
BP’s investment in R&B was supported by a cross-office team of Pinsent Masons, with involvement across the Shanghai and Hong Kong offices. The team included lead partner Wei Liu, legal director Michael Lin and Junior counsel Xiaowen Jiang, and legal director Norman Leung.
Pinsent Masons launches resource to help the infrastructure sector to better deliver global mega infrastructure projects through Joint Ventures (JVs)
International law firm Pinsent Masons has advised EDF Renewables on its 50% acquisition of the Codling offshore wind project.
Pinsent Masons has been crowned Scottish Diversity Champion for a second year by equality campaign charity Stonewall.
Multinational firm Pinsent Masons has advised laser communications company, Mynaric AG on its €12.3 million, 10% cash capital increase.
Pinsent Masons has appointed Dr Anne Sammon as an Employment partner in its Employment and Reward group in London where she will focus on clients within the Financial Services sector.
International law firm Pinsent Masons has advised Statkraft on the installation and operation of Ireland's first grid-scale battery storage project as part of the hybrid battery-and-wind Kilathmoy initiative.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on