Law firm Addisons has advised LOGOS, part of ESR Group, on a joint venture with Tokyo Electric Power Company Holdings (TEPCO) to establish a rooftop solar PV corporate power purchase agreement project in the Asia-Pacific region.
The two companies are effecting the project through a newly-established LOGOS-TEPCO Renewables Joint Venture company. Through the joint venture, they will install rooftop solar power generation facilities, mainly in logistics warehouses, data centres, and other properties owned by LOGOS and its capital partners across the Asia-Pacific region.
The Addisons team advising LOGOS was led by Partner Daniel Goldberg and Solicitor Cathy Tran.
The transaction was completed in a compressed timeframe, with legal input required across multiple jurisdictions.
Addisons Partner Daniel Goldberg said, “We’re proud to help bring renewable projects to market and delighted to have worked with LOGOS again on this joint venture with TEPCO. The deal builds on our previous work with LOGOS and is an excellent example of a company committed to contributing to a carbon neutral world.”