News

20/07/15

G+T advised Energy Developments Limited on its acquisition by DUET Group

Gilbert + Tobin is pleased to have advised Energy Developments Limited on its $1.4 billion acquisition by DUET Group via Scheme of Arrangement.

Gilbert + Tobin acted for Energy Developments Limited (EDL), an international provider of clean energy and remote energy solutions, on its Scheme of Arrangement with DUET Group (DUET), an energy assets investment company, under which DUET acquired all Energy Development Limited shares for $1.4 billion.

Gilbert + Tobin has previously advised EDL on rights and placements issuances and refinancing arrangements.

Corporate Advisory partner Hiroshi Narushima is leading the team with support from Corporate Advisory lawyers Nirangjan Nagarajah, Wendy Hsu and Jennifer Mulheron.

Hiroshi Narushima commented “The acquisition by DUET Group recognises the strong growth of EDL’s clean energy business. We are delighted to have worked closely with the EDL management team in seeing the company through another major milestone and a bright future ahead.”

 

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