16 Mar 2022 | 09:21 am |
Multinational law firm Pinsent Masons has advised Eni on its agreement with bp to form a new 50/50 independent company, Azule Energy in Angola.
Azule Energy is expected to be Angola’s largest producer, holding stakes in 16 licences, as well as participating in the Angola LNG joint venture. Azule Energy will also take over Eni’s stake in Solenova, a solar company jointly held with Sonangol.
Pinsent Masons has advised Eni on all aspects of this complex deal including M&A, tax, employment, and energy regulatory advice.
Commenting on the deal, lead partner Akshai Fofaria said: “This joint venture will transform Angola’s energy landscape. The multidisciplinary nature of our team enabled us to navigate the complexities of this transaction to reach agreement on an innovative new venture that will have one of the largest portfolios in Sub-Saharan Africa.”
Multinational law firm Pinsent Masons MPillay has advised Ikigai Ventures Limited, a company acquiring target businesses that have a strong positive social impact and/or environmental, social and governance (ESG) strategy, on its admission to the Official List of the London Stock Exchange.
Multinational law firm Pinsent Masons MPillay has advised Fintech Asia Limited, a company acquiring target businesses in the fintech sector, on its admission to the Official List of the London Stock Exchange.
Multinational law firm Pinsent Masons was appointed as sponsors legal counsel and advised South African energy company SOLA Group on its solar power initiative with Tronox, which will transform the manufacturing business’ electricity supply and support its 2050 net zero targets.
Multinational law firm Pinsent Masons has enhanced its employment law capabilities with the appointment of Dublin-based Dierdre Lynch to boost the firm’s multinational employment capabilities.
Multinational law firm Pinsent Masons has advised the shareholders of UMS Consulting GmbH & Co. KG on the sale of their shares to Expleo Group S.A.S.
Multinational law firm Pinsent Masons has hired two legal directors in Amsterdam, appointing Joel Erwteman and Stephanie Dekker as it continues to grow its technology, science and industry (TSI) capabilities in The Netherlands.
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