Gunvor completed the acquisition of a 75% stake in power plant from BP.

Synopsis

Gunvor, a multinational energy commodities trading company, completed the acquisition of a 75% stake in power plant from BP, a British multinational oil and gas company. Financial terms were not disclosed.

Principals

target

Bp (785mw Power Plant)

bidder

Gunvor Group

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Market Context

Dealmakers

Service Providers (1)

legal advisors

Clifford Chance

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.