Latham Advises FH Capital on Its Acquisition of Majority Stake in JinkoSolar’s US Manufacturing Operations

Latham & Watkins has advised FH Capital, a leading private equity firm focused on clean energy investments, on its acquisition of a 75.1% majority stake in JinkoSolar’s US subsidiary Jinko Solar (U.S.) Industries Inc. JinkoSolar is a global leader in clean energy technology, distributing its solar products and selling its solutions and services to a diversified international utility, commercial, and residential customer base.

The transaction represents the transition to new controlling ownership of a state-of-the-art, two-gigawatts solar module manufacturing facility and a growing battery energy storage systems business.

The Latham team was led by Singapore corporate partner Sidharth Bhasin and Los Angeles partner David Zaheer, with Hong Kong counsel Yao Yang, San Diego associates Dylan Towns and Madeline Hodges, and Hong Kong associates Frances Yu and Jakob Baldes. Advice was provided on tax matters by Houston partner Tim Fenn, with associates Dominick Constantino and Lucas Migliano; on employee, compensation, and benefits matters by Los Angeles partner Larry Seymour, with associate Iryna Onyshchenko; on labor and employment matters by Chicago partner Nineveh Alkhas, with New York associate Alexis Grinstead; on intellectual property matters by Washington, D.C. partner Adam Greenfield, with counsel Kieran Dickinson and associate Kellye Quirk; on antitrust matters by Washington, D.C. partner Patrick English, with associate Bernie Archbold; on compliance matters by Washington, D.C. partner Erin Brown Jones, with Bay Area associate Maria Stosz; on environmental matters by Los Angeles partner Aron Potash, with Washington, D.C. associate Jacqueline Zhang; and on real estate matters by San Diego counsel Achraf Farraj, with associate Daniel Eyal.