Simpson Thacher Represents Blackstone in Investment in Monnet Power
Simpson Thacher is representing an affiliate of The Blackstone Group in connection with its INR 2.75 billion (approximately US$59 million) investment in Monnet Power Company Limited. Monnet Power, a subsidiary of steel producer Monnet Ispat and Energy, is developing a 1,050 megawatt coal-fired power plant in Orissa, India.
The Simpson Thacher team includes Katie Sudol and Ferish Patel (M&A), Meredith Jones and Noah Beck (Tax), Jeanne Annarumma (Executive Compensation and Employee Benefits), and Mark Stein, Josh Levine and Marc Hennes (Litigation).