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Simpson Thacher Represents Blackstone in Investment in Monnet Power

08.23.10

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).