Australian leader Allens has acted opposite global duo Allen & Overy (A&O) and White & Case on a cross-border deal in Asia-Pacific’s simmering energy market.
The deal has seen Japanese group Tokyo Electric Power Company (TEPCO) take a stake in one of Australia’s largest liquefied natural gas (LNG) projects in a deal valued at around $1bn (£621m). The investment in the Chevron-backed Wheatstone Project occurred through a joint venture known as Pacific Energy Japan, consisting of TEPCO, Mitsubishi Corporation, Nippon Yusen (NYK) and Japan Oil, Gas and Metals National Corporation.
