Ashurst advises Serica Energy on proposed acquisition of Tailwind Energy

As part of the transaction, Mercuria, the largest ultimate shareholder of Tailwind, will become a strategic investor in Serica with a 25.2 per cent holding and will enter into a Relationship Agreement with Serica.

Completion of the acquisition, which is subject to certain customary conditions, is expected to occur in March 2023.

The transaction is significant to both Serica and Tailwind as it creates an enlarged platform from which to consider future investments in the UK, overseas and in the wider energy sector.

艾舍斯特bob正常玩会被黑吗团队是由企业的合作伙伴Nick Williamson, with support from senior associate Quentin Robinson, partnerHarry Thimont, senior associates Lester Lim Kok and Maria McAlister, and associate Rebekah Oakes. The wider team included projects partnerAdrian Lawrence, associates Sofia Aslam, Zachary Gordon-Boyd and Michael Zamecnik, and trainee William Morgan. PartnerTim Gummerand senior associates Rebecca Kell and Shayaan Zaraq Bari assisted on tax aspects. Employment, pensions and incentives advice was provided by partnerRuth Buchanan, counsel John Gordon and associates Emily Bodger and Leah Fisher. PartnerSteven Vaz, senior associate Christopher Eberhardt and associate Lyudmyla Bashynska advised on competition aspects and partnerTom Cumminsadvised on dispute resolution matters. Real estate counsel David Razzell and digital economy associate Harry Newton also advised.