Baker McKenzie has advised Super Energy Group (HongKong) Co., Limited, a subsidiary of Super Energy Corporation Public Company Limited ("Super Energy"), in the sale of its 49% interest in Solar NT Holdings Pte. Ltd. to AC Energy Vietnam Investments Pte. Ltd. with a transaction value of approximately USD 165,000,000. The transaction is part of Super Energy's long-term objective to form a strategic partnership for the joint investment and development of a solar energy portfolio in the ASEAN region outside of Thailand. 

Super Energy is a leader in the renewable energy sector with a portfolio of solar, wind and waste energy power plants in Thailand and overseas, and its subsidiary, Solar NT Holdings Pte. Ltd., owns and operates nine operating solar energy power plants in Vietnam with a total capacity of approximately 837 MW.

AC Energy Vietnam Investments Pte. Ltd. is a subsidiary of AC Energy Corporation ("ACEN") which is a company registered in the Philippines and operating conventional and renewable energy businesses under the Ayala Group. ACEN owns operating project companies having an aggregate installed capacity of more than 3,000 MW across the Philippines, Vietnam, Indonesia, India and Australia.

Vit Vatanayothin, a prominent renewable energy partner of Baker McKenzie, Bangkok and lead partner on the transaction, commented that "This is another landmark cross-border merger and acquisition transaction by Super Energy in Vietnam's renewable energy sector. The transaction will definitely create synergy and promote the growth of the two leading renewable energy institutions across the ASEAN region outside of Thailand. Thanks to our Firm's strong network in Vietnam and Singapore, we are able to deliver the most desirable and seamless legal services to Super Energy." He further added that "I am thrilled and honored to have the full trust from Super Energy and our team is excited to see the successful closing of the transaction."

The Baker McKenzie team consists of Vit Vatanayothin (Lead Partner, Projects, Power and Energy, Bangkok), Bulin Sanooj (Partner, Corporate M&A, Bangkok), Yee Chung Seck (Partner, Corporate M&A, Ho Chi Minh City), Kelvin Poa (Partner, M&A, Singapore), Eddie O'Shea (Special Counsel, Corporate M&A, Ho Chi Minh City), Thanh Hai Nguyen (Special Counsel, Finance and Projects, Hanoi), Tatcha Thumpramoth (Associate, Projects, Power and Energy, Bangkok), Natsuda Jirapak (Associate, Corporate M&A, Bangkok), and Cindy Yeo (Associate, M&A, Singapore).
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