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Clifford Chance advises Kohlberg Kravis Roberts & Co. LLP and Ontario Teachers' Pension Plan on the acquisition of a 40% interest in Caruna

2 March 2021

Clifford Chance advises Kohlberg Kravis Roberts & Co. LLP and Ontario Teachers' Pension Plan on the acquisition of a 40% interest in Caruna

International law firm Clifford Chance has advised Kohlberg Kravis Roberts & Co. LLP and Ontario Teachers' Pension Plan on the acquisition of a 40% interest in Caruna from First Sentier Investors, formerly known as First State Investments.

Caruna is the largest electricity distribution network in Finland, with over 700,000 customers and 87,300 kilometres of electricity network across the country.

The Clifford Chance team advising KKR and OTPP on the acquisition was led by infrastructure M&A Partner Toby Parkinson, with support from Partner Christian Kremer, Senior Associates Jonathan Dillon and Melissa Kdyem and Associates Lianne Mizrachi, Nina Aymé, and Camille Fantozzi.