Baker McKenzie advised South Pole Holding AG ("South Pole"), a leading climate solutions company and carbon project developer, on the minority investment in South Pole by:
• Temasek, a global investment company headquartered in Singapore, via its carbon solutions platform; and
• Salesforce Ventures, the global investment arm of Salesforce, based in San Francisco.
With their investments, Temasek and Salesforce Ventures will reinforce South Pole's strong commitment to scaling up climate action in Asia and North America respectively.
The Baker McKenzie Switzerland team, led by Pascal Richard (partner, M&A) and Kilian Perroulaz, (partner, tax/M&A) advised South Pole on all legal and tax aspects of this transaction. They were assisted by Ramon Tissafi, Cathrin Marxer (both associates, M&A), Tanya Adams and Samuel Turtschi (both trainee lawyers).