CK Advises power generation enterprise Taiwan Power Company on Bengalla Joint Venture interest

5 December 2018

In a deal that was completed on 3 December 2018, ClarkeKann’s Chairman, John Toigo, represented Taiwan Power Company (Taipower) in the acquisition of part of Wesfarmers’ interest in the Bengalla Coal Joint Venture.

Taipower is an integrated electrical power utility that generates, transmits, distributes, and sells electricity in Taiwan. It generates electricity through hydro, thermal, nuclear, solar, and wind power plants and, through this deal, now holds a 20% interest in the Bengalla Coal Joint Venture, alongside New Hope Corporation and Mitsui who hold interests of 70% and 10% respectively.

John, who is also Chairman of the Australia-Taiwan Business Council, said: “Taipower has been a longstanding client of CK and I was delighted to work with them on the acquisition, which was a strategically significant move for the business.”

This bulletin is produced as general information in summary for clients and subscribers and should not be relied upon as a substitute for detailed legal advice or as a basis for formulating business or other decisions. ClarkeKann asserts copyright over the contents of this document. This bulletin is produced by ClarkeKann. It is intended to provide general information in summary form on legal topics, current at the time of publication. The contents do not constitute legal advice and should not be relied upon as such. Formal legal advice should be sought in particular matters. Liability limited by a scheme approved under professional standards legislation. Privacy Policy

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