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Home GREEN

White & Case advises Blue Water Energy on sale of Kent to Nesma & Partners

White & Caseby White & Case
August 1, 2023
Reading Time: 2 mins read
in GREEN, PRIVATE EQUITY, UK&IRELAND
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Global law firm White & Case LLP has advised global energy investment firm Blue Water Energy (Bluewater) on the sale of engineering company Kent to Nesma & Partners.

“Following Bluewater’s investment in Kent in 2015 the company has grown substantially, most notably through its acquisition of SNC-Lavalin’s oil & gas business in mid-2021, on which we also advised,” said White & Case partner Steven Worthington, who led the Firm’s deal team. “Our role advising Bluewater during its investment and now on the sale of Kent demonstrates our ability to advise on the most complex and global of M&A transactions including in the energy sector.”

Bluewater is a specialist global private equity firm focused on investing in companies enabling the energy transition.

Kent is a privately-owned engineering international integrated energy services partner with US$1.4 billion in annual revenues. It delivers sustainable and innovative engineering services and project delivery solutions for oil & gas, chemical, renewables, and low-carbon industries across six continents.

Nesma & Partners is a leading contracting company in the Middle East, which helps deliver the region’s most ambitious energy, building, and infrastructure projects.

The White & Case team which advised on the transaction was led by partner Steven Worthington (Abu Dhabi) and included partners Marc Israel and Nicholas Greenacre (both London) and associates Adnan Bekdur (Dubai), Daniel Hannuna (London, Dubai), Lily Teh and Kate Kelliher (both London).

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Read the orginal article: https://www.whitecase.com/news/press-release/white-case-advises-blue-water-energy-sale-kent-nesma-partners

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