Mitsubishi Corporation’s Investment in a 600MW Onshore Wind Power Project In Laos

Herbert Smith Freehills has advised Mitsubishi Corporation on the deal.

Mitsubishi Corporation is making the investment in wind farm developer Impact Energy Asia Development Limited through its subsidiary, Diamond Generating Asia, Limited, together with a group company of Thailand’s Impact Electrons Siam Co., Ltd.

The project is being developed as part of a memorandum of understanding on power interchange signed between the Vietnamese and Lao governments in October 2016. A dedicated power transmission line to Vietnam will enable power from the wind farm to be sold to Vietnam Electricity, a state-owned electric power company, for 25 years.

Hilary Lau (Picture) led a HSF cross-border team advising Mitsubishi Corporation, supported by Head of Energy and Infrastructure Southeast Asia Glynn Cooper, Head of Japan Finance and Tokyo counsel Keith Gamble, Singapore senior associate Ong Kok Jin, and Hong Kong associates Charles Wong and Christie Wu.

Involved fees earner: Glynn Cooper – Herbert Smith Freehills; Keith Gamble – Herbert Smith Freehills; Hilary Lau – Herbert Smith Freehills; Kok Jin Ong – Herbert Smith Freehills; Charles Wong – Herbert Smith Freehills; Christie Wu – Herbert Smith Freehills;

Law Firms: Herbert Smith Freehills;

Clients: Mitsubishi Corporation;

Author: Sonia Carcano