Ashurst advised the credit business of Kohlberg Kravis Roberts & Co L.P. ('KKR') on the acquisition of the entire share capital and voting rights of  Pont-sur-Sambre Power and Toul Power, two combined cycle gas turbine power plants in France, from Verbund AG, a power transmission and trading company.

The transaction is subject to regulatory approval.

The transaction was led by Paris-based corporate partner Bertrand Delaunay, assisted by associate Séverine Gallet. The team also comprised disputes partners Jean-Pierre Farges and Pierre-Emmanuel Fender and associate Naouël Noury, real estate partner Philippe None and associate Danièle Darmon, energy and infrastructure partner Michel Lequien and associate Jacques Dabreteau and employment associates Caroline Mougin and Aurélie Moine.