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 has advised Bestinver Infra, FCR, on the acquisition of an interest in N6 (Concession) Holdings Limited and N6 (Operations) Limited from Sacyr Concessions Limited.
Multinational law firm Pinsent Masons has been named the Most Innovative Law Firm in Europe and won the Energy & Security Transition category at this year’s FT Innovative Lawyer Awards.
Multinational law firm Pinsent Masons has been named as a top ten family friendly employer by the national charity for working parents and carers Working Families.
Multinational law firm Pinsent Masons has expanded its Asia Pacific Employment & Reward practice with the appointment of three partners and a team of lawyers in Australia.
Multinational law firm Pinsent Masons has advised global management consultancy, Kearney, on its acquisition of TEAMS Design.
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.
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