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China Yangtze Power completes US$3.6 billion power buy in Peru

shutterstock.com/gui jun peng

Baker McKenzie LLP in Chicago and Miami and Muñiz, Olaya, Meléndez, Castro, Ono & Herrera in Lima have helped China Yangtze Power International (CYPI) complete its acquisition of US energy group Sempra’s Peruvian assets for US$3.6 billion, in a deal that was one of China’s largest foreign investments in 2019.