Latham & Watkins has advised APG Asset Management (APG), the Netherlands’ largest pension services provider, on its joint acquisition with Pensionskasse Stadt Zürich (PKZH) of a 38% stake in Kallista Energy (Kallista) from Ardian. Headquartered in France, Kallista is an established developer and operator of renewable energy assets across onshore, wind, and solar and is expanding its activities in battery energy storage systems.
APG, already Kallista’s majority shareholder, has increased its ownership through this transaction, while PKZH joined as a new minority shareholder.
The Latham team was led by Paris corporate partner Benjamin de Blegiers, with associates Jacek Urban and Juliette Gilioli. Advice was also provided on tax matters by partner Estelle Philippi, with associate Jean-Baptiste Bourbier; on antitrust and FDI matters by associate Aliénor Estrade; and on sanctions matters by associate Hana Ladhari.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
