Walkers advises Sithe Global Power on $1.2 billion sale of Filipino power plant

Walkers' Cayman Islands office advised Sithe Global Power, an affiliate of Blackstone, in respect of the $1.2 billion sale of its interests in GN Power Mariveles Coal Plant Ltd. Co. and GNPower Dinginin Ltd. Co. to Therma Power Inc., a subsidiary of Aboitiz Power Corp.

The Walkers team was led by Caroline Williams (Partner) and included Bicrom Das (Senior Counsel).

Kirkland & Ellis LLP acted as instructing counsel for Sithe with completion occurring in December 2016.