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NEWS

NewQuest Capital Sells China Hydroelectric Corporation to Shenzhen Energy

December 14, 2015

Shanghai and Seoul – Paul Hastings LLP, a leading global law firm, announced today that it advised NewQuest Capital Partners in the sale of China Hydroelectric Corporation to a subsidiary of Shenzhen Energy for approximately US$492 million.  The transaction closed on December 10, 2015.

China Hydroelectric Corporation is a leading independent hydroelectric power producer in China. It currently owns and operates more than 20 operating plants that are located in hydro-rich regions in China.

The Paul Hastings team was led by Woojae Kim (Partner, M&A), David Wang (Partner, M&A), Daniel Kim (Partner, M&A) and Jia Yan (Partner, M&A), with support from associates Ting Wang and Joyce Du.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

Practice Areas

Mergers and Acquisitions

Asia

Energy


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