E. J. McKay advises SMA Solar in acquiring Jiangsu Zeversolar

CHINA: SMA Solar Technology AG signed a definitive agreement to acquire a 72.5 percent controlling stake in Jiangsu Zeversolar New Energy Co. Ltd, a leading photovoltaic inverter company in China.

The transaction enables the Niestetal, Germany based SMA to secure access to the growing Chinese solar market and to consolidate its global leadership.

This landmark transaction, the largest in the Chinese solar industry of the year, is representative of the kind of work E. J. McKay is engaged in, that of "advising a highly select group of key clients in their significant cross-border transactions that create measurable synergy and transform the impacted industry," said James Z. Li , chairman of E. J. McKay .

"The SMA Zeversolar deal is an important strategic milestone for our client and solidifies EJM's leadership position in the renewable energy sector."