Oct 2020
Conyers provided Cayman law advice to Sky Solar Holdings, Ltd. (“Sky Solar”) on its privatisation by way of tender offer and short form merger with Square Acquisition Co. and subsequent de-listing from NASDAQ. The offeror group included Japan NK Investment K.K., IDG-Accel China Capital L.P., IDG-Accel China Capital Investors L.P., Jolmo Solar Capital Ltd., CES Holding Ltd., Jing Kang, Bin Shi, Sino-Century HX Investments Limited, Kai Ding, TCL Transportation Holdings Limited, Esteem Venture Investment Limited, Mamaya Investments Ltd, Xanadu Investment (H.K.) Limited, Abdullateef A. AL-Tammar, Development Holding Company Ltd. and Bjoern Ludvig Ulfsson Nilsson.
Established in 2009, Sky Solar is a global independent power producer that develops, operates and owns solar parks around the world. Sky Solar is headquartered in Shanghai and New Jersey.
Consultant David Lamb, Counsel Angie Chu and Associate Michael Yu of Conyers’ Hong Kong office advised on the matter working alongside Kirkland & Ellis and Cleary Gottlieb Steen & Hamilton.