Slaughter and May advised BlackRock’s Diversified Infrastructure group (“BlackRock”) on its investment of up to USD400 million in Positive Zero Limited (“Positive Zero”), a UAE-based decentralised decarbonisation infrastructure business formed from the merger of solar company SirajPower, energy efficiency services firm Taka Solutions and on-demand battery business HYPR Energy.
As part of the transaction, BlackRock has agreed to invest funds in Positive Zero to support the business’ rapid growth in the UAE and other GCC countries, with a view to providing a broad range of sustainable technologies and data-driven solutions aimed at reducing carbon footprint, consumption, waste and costs across diverse industries in the region.
CORPORATE
Robin Ogle
Partner
Ed Horner
Associate
ENERGY AND INFRASTRUCTURE
Oliver Moir
Partner
Ivo Trice
Associate
FINANCING
Azadeh Nassiri
Partner
Bianca Pereira
Associate
IP/IT
Laura Houston
Partner
PENSIONS, EMPLOYMENT AND INCENTIVES
Phil Linnard
Partner
Chris Sharpe
Partner
REAL ESTATE AND ENVIRONMENT
Samantha Brady
Head of Environment and Climate Change
Helena Campbell
Professional Support Lawyer