Mayer Brown JSM advises Marubeni on the first Japanese power investment in Cambodia
11 June 2014
Mayer Brown JSM advised Marubeni Corporation on its indirect acquisition of a 20 percent stake in a Cambodia-based power generation and transmission business owned and operated by Malaysia’s Leader Group. This is believed to be the first investment in the Cambodia power market by a major Japanese trading house.
The business includes Cambodian Energy Limited which owns a 100MW (2 x 50MW) coal-fired power station in Sihanoukville, southern Cambodia, and a separate transmission line linking Kampong Cham and North Phnom Penh.
The Mayer Brown JSM team was led by partner Nathan Dodd, and core team members included consultant Ben Thompson and senior associate Andrew Pannell, all based in Singapore.
The Leader Group was represented by Adnan Sundra & Low.