Marwan Azzi

Partner, New York

Biography

Overview

Marwan Azzi is a partner in White & Case's M&A group, based in New York. Marwan focuses on domestic and cross-border M&A and private equity transactions.

His experience includes representing US and international corporate clients and investment funds in mergers and acquisitions, private equity investments, joint ventures and strategic alliances. Marwan also has extensive experience in energy and infrastructure M&A and private equity investments.

Bars and Courts
New York State Bar
Beirut Bar
Education
LLM
Boston University
LLB
Saint Joseph University
Languages
English
Arabic
French

Experience

Representative matters prior to joining the Firm include the representation of:

I Squared Capital on its:

  • US$1.3 billion acquisition of IC Power's Latin American and Caribbean businesses from Kenon Holdings Ltd.
  • US$1.2 billion acquisition from Duke Energy of a portfolio of hydroelectric and natural gas generation plants, transmission infrastructure and natural gas processing facilities, totaling 2,300 MW in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina.
  • US$340 million acquisition of a minority stake in Kallpa SA and Samay SA, two power generation plants in Peru.
  • Various bids to acquire infrastructure assets in the US and Latin America.

Vale S.A. (NYSE: VALE), a Brazilian mining company and the largest producer of iron ore and nickel in the world, in its $550 million acquisition of Ferrous Resources Limited, a mid-sized iron ore company also located in Brazil.

Dominus Capital, L.P. a middle market private equity firm based in New York, in the sale of W.F. Taylor, LLC to Meridian Adhesives Group. Taylor is a leading specialty flooring adhesives and sealants manufacturer with operations in Dalton, GA and Fontana, CA.

GE Energy Financial Services in its acquisition of 49 percent of EGPNA Renewable Energy Partners LLC from Enel Green Power SpA. The partnership has assets in North America with 760 MW of generating capacity.

A group of lenders led by Bayerische Landesbank, New York Branch and Rabobank, New York Branch in connection with a US$397 million construction loan for the 299 MW Kay Wind Project being developed by Apex Clean Energy in Oklahoma. A subsidiary of Southern Power Company has agreed to acquire the Kay Wind Project at completion.

Conduit Capital Partners in the sale to InterEnergy Holdings of a 55 percent ownership in Pedregal, a 55 MW diesel plant based in Pacora, Panama and a 100 percent interest in Jamaica Energy Partners and West Kingston Power Partners, which collectively operate three plants with 190 MW of diesel capacity in Jamaica.

Swicorp Company, an international private equity and asset management firm focused on the Middle East, Africa and Turkey, in the acquisition by its affiliate Sadeed Investment Limited (LLC) of a 30 percent equity stake in Saudi steel manufacturer BRC Industrial (Saudia) Limited.

A consortium of leading private equity firms in connection with their proposed purchase from Mubadala of a company providing district cooling services in Abu Dhabi.

Abdul Latif Jameel Energy (ALJ Energy) in structuring and establishing a joint venture with Fotowatio Renewable Ventures (FRV) to develop photovoltaic solar energy projects in Saudi Arabia.

ACWA Power International in the acquisition of Jordan Dubai Capital’s interest and Malakoff’s interest in the largest power generation company in Jordan in two separate transactions.

Awards and Recognition

Rising Star for M&A and Private Equity in the United States, Euromoney's Expert Guide, 2018

Recipient of a "40 under 40 Emerging Leaders Award", The M&A Advisor, 2018