July 29, 2015

Harvest International New Energy Acquires Alter NRG Corp.

Goodmans represented Harvest International New Energy Co. Ltd. ("Harvest") in the acquisition of Alter NRG Corp. through its wholly-owned subsidiary, 1030629 B.C. Ltd., by way of take-over bid for a total equity purchase price of approximately $147 million in cash, with 95% of the common shares deposited pursuant to the bid and the balance acquired by way of compulsory acquisition.

Harvest is a Delaware corporation that is wholly-owned by Sunshine Kaidi New Energy Group Co. Ltd., a privately held multi-billion dollar company in China. Harvest is focused on investing in and developing renewable energy technology. Alter NRG provides alternative energy solutions to meet the growing demand for environmentally responsible and economically viable energy in world markets.

Goodmans is recognised for its representation of clients in the finance, technology, life sciences and healthcare sectors, advising companies on significant investments, such as strategic investments, growth equity investments and venture funding. The law firm also has notable capabilities outside of Canada, advising clients on cross-border matters often involving the United States and Europe. — Chambers Canada
The practice group at Goodmans LLP is routinely called upon by public and private companies, venture capital companies, institutional investors, lenders and government agencies seeking assistance with a range of advisory, transactional and contentious technology mandates. — The Legal 500 Canada
The technology team responds incredibly quickly and is willing to go above and beyond to find ways to help. — Chambers Canada
Clients note, " We have been introduced to several lawyers within Goodmans – each with impressive credentials that have been recognized as outstanding by our A-list investors during contract negotiations." — The Legal 500 Canada
Clients note, "The team at Goodmans has helped solidify our company’s reputation as a capable, innovative technology company that values excellence." — The Legal 500 Canada
Clients note, “Whenever I have any matters involving Canada, Goodmans is my first call. Every attorney I've interacted with has been responsive, knowledgeable, client-forward and fantastic.” — Chambers Canada
Goodmans LLP's breadth of knowledge covers the full spectrum of technology law issues including technology acquisitions, regulatory issues, privacy and data security, risk management and social media issues. — Legal 500 Canada
Clients note, "Goodmans is good at explaining things in business terms and are a very client-focused firm." — Chambers Canada
....well known for acting for technology suppliers, government entities and service providers on a range of IT-related M&A and outsourcing transactions. — Chambers Canada
....punches above its weight for big-ticket M&A in Canada, recently advising on substantial transactions in mining, energy, technology and cannabis sectors. — Chambers Global

Practices

Industries

Harvest International New Energy Acquires Alter NRG Corp.

Site Search

Harvest International New Energy Acquires Alter NRG Corp.

Expertise

Featured Work