China Three Gorges Corporation $1.2 billion acquisition of Duke Energy Brazilian assets

14/10/2016

Asset acquisition

Value:

$ 1.2 billion

Status:

Completed

Date:

14/10/2016

Overview:

China Three Gorges Corporation acquired Duke Energy's Brazilian assets for $1.2 billion.
China Three Gorges Corporation is a state-owned power company.
Duke Energy is an electric power company based in Charlotte, North Carolina.

Rani Mehta - Journalist

Jurisdictions:

Brazil
China

Deal type:

Asset acquisition

Practice area:

M&A

Industry sector:

Energy

Firms:

Skadden Arps Slate Meagher & Flom

Party: Duke Energy (Seller)

Lawyers: Erik Elsea, Katherine Ashley, Pankaj Sinha

TozziniFreire Advogados

Party: China Three Gorges (Acquirer)

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