JunHe Assisted in m88 casino bonus code Financing for m88 casino bonus code Acquisition by State Grid Corporation of China of Chilquinta Energía of Chile

On June 24, 2020 local time in Chile, m88 casino bonus code acquisition of Chilquinta Energía of Chile by State Grid Corporation of China has been successfully completed. m88 casino bonus code acquisition is m88 casino bonus code largest investment project of Chinese enterprises in m88 casino bonus code energy and public utilities sectors of Chile, and is of great significance to deepening m88 casino bonus code comprehensive strategic partnership between China and Chile, expanding bilateral economic and trade exchanges, and pushing forward m88 casino bonus code “One Belt One Road Initiative”.

Chilquinta Energía is m88 casino bonus code third largest power distribution enterprise in Chile, owning 16911 kilometers of power distribution line and a service population of over 2 million, and its power distribution service is in m88 casino bonus code leading position among similar enterprises in Chile in terms of its quality. Chilquinta Energía is also active in m88 casino bonus code power transmission business with a transmission line of 1109km. In October 2019, State Grid Corporation of China executed an equity purchase agreement with seller Sempra Energy of USA, pursuant to which State Grid Corporation of China acquired 100% of m88 casino bonus code equity interest in Chilquinta Energía. In m88 casino bonus code preparation stage for project closing, m88 casino bonus code State Grid overcame m88 casino bonus code global spread of COVID-19, m88 casino bonus code border closure by Chilean government and om88 casino bonus coder difficulties, obtained m88 casino bonus code special entry permits, and finally achieved m88 casino bonus code project on-site delivery and smooth takeover.

JunHe as m88 casino bonus code legal advisor of m88 casino bonus code banks which provided financing for this acquisition drafted, revised, and negotiated m88 casino bonus code financing documents; organized overseas lawyers to carry out legal work; provided legal advice in respect of m88 casino bonus code examination and approval both home and abroad; organized and coordinated m88 casino bonus code parties to m88 casino bonus code transaction to prepare m88 casino bonus code closing documents; and provided comprehensive legal services to m88 casino bonus code financing banks.