Celeo Redes Brasil S.A.’s Acquisition of an aditional 33% stake in Jauru Transmissora de Energia S.A.


Machado Meyer and Demarest advised on the deal

Celeo Redes Brasil S.A. executed the acquisition of an additional 33% stake in Jauru Transmissora de Energia S.A. de from Cobra Brasil Serviços, Comunicações e Energia S.A. for an undisclosed ammount.

Jauru Transmissora de Energia SA was founded in 2006. The company’s line of business includes the generation, transmission, and/or distribution of electric energy.

Cobra Brasil Servicos, Comunicacoes e Energia, S.A. promotes and develops power plants. The Company constructs and maintains thermal electricity, wind power, hydropower and water treatment plants, environmental liabilities, and other renewable energy sources.

Machado Meyer advised Celeo Redes Brasil S.A. with Daniel Szyfman (Picture) Mariana Meditsch and João Gabriel Volasco Rodrigues.

Demarest advised Cobra Brasil Serviços, Comunicações e Energia S.A. with a team including Andoni Hernández Bengoa and Betina Frank Castellanos Alem.

Involved fees earner: Betina Frank Castellanos Alem – Demarest; Andoni Hernández – Demarest; Mariana Meditsch – Machado Meyer Advogados; Daniel Szyfman – Machado Meyer Advogados; João Gabriel Volasco Rodrigues – Machado Meyer Advogados;

Law Firms: Demarest; Machado Meyer Advogados;

Clients: Celeo Redes Brasil S.A.; Cobra Brasil Servicos Comunicacoes e Energia SA;

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Author: Ambrogio Visconti.