Baker McKenzie Turkish affiliated firm Esin Attorney Partnership has advised Limak Investment on the sale of 100% shares of Ulug Enerji Dagitim ve Perakende Satis Hizmetleri to Actis Long Life Infrastructure Fund. Clifford Chance Turkish affiliated firm Ciftci Attorney Partnership advised Actis on the deal.
The Actis Long Life Infrastructure Fund is a British global investor in sustainable infrastructure. Ulug provides electricity distribution and retail services to the South Marmara Region of Turkey, which includes the provinces of Bursa, Balikesir, Canakkale, and Yalova.
Esin Attorney Partnership’s team was led by Partners Eren Kursun and Ali Selim Demirel and included Attorney Nigar Gokmen, Senior Associate Orcun Solak, and Associates Su Goktas and Fatma Bingol.
Clifford Chance’s team included Partner Itir Ciftci, Counsel Deniz Gocuk, and Associate Deniz Yetkin.