Global law firm White & Case LLP has advised Mid Europa Partners (MEP) on reaching an agreement with CEE Equity Partners resulting in an investment by the China CEE Investment Co-operation Fund in Energy 21.
MEP is a leading private equity investor focused on the growth markets of Central and Eastern Europe and Turkey, with approximately €4.3 billion of funds raised and managed since inception. Energy 21 is the largest Czech-based independent operator of photovoltaic power plants in Central and Eastern Europe, with an installed generation capacity of 61 megawatts peak.
"This is the latest in a sequence of transactions on which White & Case has advised MEP, and demonstrates both the strength of our relationship with the client and our ability to advise private equity firms on transactions throughout EMEA," said London-based partner Ross Allardice, who co-led the Firm’s deal team.
Robert Knorr, a senior partner at MEP, said: "The team at White & Case delivered high quality support on this important transaction that helped ensure it was completed successfully."
CEE Equity Partners is the investment adviser to the China CEE Investment Co-operation Fund, which was established by China Exim Bank in partnership with other institutional investors from the CEE region to capitalize on investment opportunities in CEE countries.
The White & Case team which advised on the transaction was led by partners Ross Allardice (London) and Michal Smrek (Prague) with support from associates Tony Brown, Philip Vavalidis, Ivo Cavrak, Alexis Fong, Daniel Hoborough (all London), Jakub Mencl, Petra Zunova and Ida Kucerova (all Prague).
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