Kudun and Partners represented S Global Limited, a subsidiary of Sermsang Power Corporation PLC. — a leading renewable energy producer and distributor in Asia and one of the largest wind power generators in Thailand — on its acquisition of 25% shares in Win Chai Company Limited, owner and operator of Romklao Wind Farm, an active wind power plant project consisting of 13 turbines located in North Eastern province of Thailand, Mukdahan with a contracted capacity of 45 MW for a total value of more than THB 1 billion. The acquisition was conducted through a complex and challenging cross- border acquisition of Rowella Limited, a company incorporated under Hong Kong Laws, which is the beneficial person of Qian Xing Long Company Limited, holding 25% shares in Winchai Company Limited.
The acquisition is part of Sermsang Power Corporation PLC.’s goal of driving renewable energy business towards becoming a leading energy company in Asia.
The transaction was led by Ekachai Chotpitayasunon, partner, and assisted by associates; Ploy Maneepaksin, Kamonrat Kongtheing, Andaman Buranasiripat, and Kodchakorn Laungratanamas.
