Linklaters advises BlackRock Private Markets on first renewable venture in Thailand through the acquisition of a 49% stake in Chow Energy

Linklaters advised BlackRock Private Markets on its acquisition of a 49% stake in Chow Energy Public Company (Chow Energy), a subsidiary of Bangkok-listed Chow Steel Industries Public Company.

BlackRock’s Climate Finance Partnership, a public-private finance vehicle, formed by a consortium of ten investors aiming to accelerate the flow of capital into emerging market climate infrastructure, has partnered with leading local renewable energy operator and developer, Chow Energy.

The transaction was led by Linklaters’ Bangkok Managing Partner Wanwisar Nakarat.

Linklaters’ Asia Head of Energy & Infrastructure John Maxwell, commented:

“We are delighted to have supported BlackRock on this strategic partnership. This transaction reinforces Linklaters’ leading role in the renewable energy M&A market and our team’s reputation for being able to deliver pragmatic, commercial, and sector-focused advice to clients. We are grateful for BlackRock’s continued trust and look forward to continuing to support them on future opportunities.”