Advanced Power raised EUR 31.5 million from private equity fund 3i

UK private equity firm 3i plc invested EUR 31.5 million in Advanced Power AG, a Swiss-based international development business focused on developing conventional power generation stations across Europe and North America.

Simmons & Simmons advised Advanced Power AG on English law. Lenz & Staehelin acted as Swiss counsel to Advanced Power AG. Lenz Staehelin's team comprised Matthias Wolf and Harald Bärtschi.