TPG’s Acquisition of Abengoa’s Electricity Transmission Assets in Brazil


Shearman & Sterling advised global private equity investment firm TPG on its acquisition of Abengoa S.A.’s (“Abengoa”) operating electricity transmission line assets in Brazil for approximately $125 Million

This acquisition represents TPG’s first infrastructure investment in the country.

TPG is a leading private investment company with over US$72 billion of assets under management and specializes in leveraged buyouts, restructurings, growth capital and leveraged recapitalization in various industries including energy, infrastructure, healthcare, technology and others.

Abengoa is a Spanish multinational company that focuses on innovative technology solutions for sustainability in the energy and environment sectors.

Shearman & Sterling advised TPG with Jonathan Kellner (Picture), Li Chen, Filipe Lima and Thomas Ayres.

Involved fees earner: Jonathan Kellner – Shearman & Sterling; Li Chen – Shearman & Sterling; Filipe Lima – Shearman & Sterling; Thomas Ayres – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: TPG Capital;