Tauil & Chequer Advogados advised Pontal Energy on the acquisition of companies from the Thopen Group for BRL 1 billion, as well as on acquisition finance in the amount of BRL 182.5 million

Tauil & Chequer Advogados in association with Mayer Brown advised Pontal Energy, one of the largest renewable energy generators and traders in Brazil, on the acquisition of Thopen Energia S.A. (formerly RZK Energia S.A.) and Thopen Soluções S.A. (formerly RZK Soluções e Participações S.A.), from the Thopen Group, for BRL 1 billion. The transaction has resulted in Pontal Energy holding 67.6% of the share capital of both companies.
For the financing of the operation, the firm also acted as deal counsel to Pontal Energy, as issuer, and Oslo Capital Distribuidora de Títulos de Valores Mobiliários S.A., as the lead underwriter, in the public offering of debentures issued by Pontal, totaling BRL 182.5 million.
The acquisition of Thopen Energia S.A. and Thopen Soluções S.A. will allow Pontal Energy to expand its integrated renewable energy generation platform to include distributed energy generation projects, as well as providing an opportunity for capitalization and investment in Thopen Energia S.A. and Thopen Soluções S.A.
The acquisition was led by partner Bruno Werneck with the participation of associates Juliana Ungefehr and Sarah Ferreira, all from the Corporate and M&A and Infrastructure practices. The financing process was led by partner Luis Montes with the participation of associates Julia Zarth and Yasmin Rópa, all from the Banking and Finance practice.