Hana Financial Investment - Acquisition of Yamaguchi Shin Mine from Canadian Solar Inc.

Nishimura & Asahi acted as lead legal counsel to Hana Financial Investment, a member of one of Korea’s largest financial conglomerates, Hana Financial Group, for its acquisition of Yamaguchi Shin Mine, an operating solar power plant in Yamaguchi prefecture, Japan, from Canadian Solar Inc. [NASDAQ: CSIQ].  The transaction was valued at approx. USD 205 million (including debt financing).

The Nishimura & Asahi team advising Hana Financial Investment was led by partners Norio Maeda, Sadayuki Matsudaira, Ryoji Moroi and Nathan G. Schmidt*, supported by Sang-Kyun Bong.