Recognition
Latham Wins M&A Deal of the Year at ALB Philippine Law Awards 2025
October 13, 2025
Asian Legal Business
The firm was awarded for its role advising Meralco on its strategic partnership with Actis.
Latham & Watkins won M&A Deal of the Year at the ALB Philippine Law Awards 2025 for its work advising Manila Electric Company (Meralco) and its subsidiary, Solar Philippines New Energy Corporation, on its strategic partnership with Actis, a leading global investor in sustainable infrastructure. Meralco’s sale of a 40% stake in the Terra Solar Project, a US$3.5 billion project poised to be the world’s largest integrated renewables and energy storage project, represents the largest foreign direct investment for a greenfield infrastructure project in the Philippines.
The Latham team was led by Singapore corporate partner Sidharth Bhasin and Hong Kong corporate partner Benjamin Carale, with Singapore counsel Carolyn Wong and associates Jonathan Wah and Jen Whee Lee.
The Latham team was led by Singapore corporate partner Sidharth Bhasin and Hong Kong corporate partner Benjamin Carale, with Singapore counsel Carolyn Wong and associates Jonathan Wah and Jen Whee Lee.