Latham & Watkins has advised Singapore sovereign wealth fund GIC on its proposed 20 billion Philippine peso ($420 million) acquisition of a stake in AC Energy Philippines.
AC Energy and Infrastructure, a subsidiary of Ayala Corporation, focuses on investments in renewable energy, greenfield or brownfield projects and conventional technologies.
GIC made this offer through an affiliate company – Arran Investment.
The Latham team was led by partners Mark Cooper and Sharon Lau.
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