VPower’s $30 Million Acquisition of 51% interest in GenRent

Clifford Chance, Rodrigo Elías & Medrano, Payet, Rey, Cauvi, Pérez Abogados and Rubio Leguía Normand.

VPower finalized the acquisition of 51% interest in GenRent.

VPower Group International Holdings Limited operates as a holding company. The Company, through its subsidiaries, designs, installs, manages, operates, and maintains power generations systems. The company, led by Lam Yee Chun, Lee Chong Man and Au-Yeung Tai Hong, in 2017 recorded $195 Million Revenues.

GenRent is a leading global provider of temporary power solutions including development, planning, rental, installation and operation of temporary power plants, based on gas turbines, diesel and gas gensets and containerized HFO; rental of Gas Turbines; rental and sale of diesel and gas generators; generators installation; and installation of standalone substations.

Clifford Chance advised VPower with Dauwood Malik (Picture), Vicky Ma and James Tong.

In Perù, Rodrigo Elías & Medrano Abogados advised VPower with Juan Diego De Vinatea, Cecilia Cánepa and Marco Zaldívar.

Payet, Rey, Cauvi, Pérez Abogados advised GenRent Perú with José Cúneo and Joe Navarrete.

Rubio Leguía Normand advised FK Generators and Equipment and AUA Kurz with Gilberto Ramos and Luis Orrego.

Involved fees earner: Gilberto Ramos – Rubio Leguía Normand; Luis Orrego – Rubio Leguía Normand; José Cúneo Galdós – Payet, Rey, Cauvi, Pérez, Mur; Joe Navarrete Pérez – Payet, Rey, Cauvi, Pérez, Mur; Juan Diego De Vinatea – Rodrigo, Elías & Medrano Abogados; Cecilia Cánepa – Rodrigo, Elías & Medrano Abogados; Marco Zaldívar – Rodrigo, Elías & Medrano Abogados; Dauwood Malik – Clifford Chance; Vicky Ma – Clifford Chance; James Tong – Clifford Chance;

Law Firms: Rubio Leguía Normand; Payet, Rey, Cauvi, Pérez, Mur; Rodrigo, Elías & Medrano Abogados; Clifford Chance;

Clients: Genrent del Perú S.A.C.; VPower Group International Holdings Limited; FK Generators and Equipment;

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Author: Michael Patrini