Ashurst has advised the credit business of Kohlberg Kravis Roberts (KKR) on the acquisition of the entire share capital and voting rights of Pont-sur-Sambre Power and Toul Power, two combined cycle gas turbine power plants in France.
The plants were acquired from Verbund AG, a power transmission and trading company.
The transaction is subject to regulatory approval.
The transaction was led by Paris-based corporate partner Bertrand Delaunay, assisted by associate Séverine Gallet.