Company: TGE
Filing Date: 2025-04-11
Form Type: CORRESP
Source: 0001213900-25-031216
Chunk: 3

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: CORRESP
Chunk 3
---
 the Unaudited Pro Forma Condensed Combined Financial Information, page 233

| 6. | We note your disclosure that any excess of the fair value of consideration transferred to Black Spade II shareholders over the                 
 fair value of Black Spade II's identifiable net assets acquired represents compensation for the service of a stock exchange listing for        
 its shares and is expensed as incurred. Please tell us how you determined the compensation expense and reflected it in the pro forma financial 
 information.                                                                                                                                   |

In response to the Staff’s
comment, the Company has revised the disclosure on page 235 of the Registration Statement as well as the pro forma financial information
contained in the sections titled “Summary Unaudited Pro Forma Condensed Combined Financial Information” and “ Unaudited
Pro Forma Condensed Combined Financial Information.”

TAX CONSIDERATIONS, page 245

| 7. | We note your response to our prior comment 16. Please confirm that, if the company receives an opinion that it is more likely than 
 not that the merger qualifies as a “reorganization,” such opinion will be disclosed in your registration statement and filed       
 as an exhibit.                                                                                                                     |

The Company confirms that if the
Company receives an opinion that it is more likely than not that the merger qualifies as a “reorganization,” such opinion
will be disclosed in its registration statement and filed as an exhibit. The Company respectfully advised the Staff that, the foregoing
notwithstanding, the Company currently does not expect to receive such an opinion.

<div align='center'>* * *</div>

Securities and Exchange Commission

April 11, 2025

Page 4

If you have any questions regarding the Revised
Draft Registration Statement, please contact the undersigned by phone at +852 3740 4858 or via email at shu.du@skadden.com.

| Very         
 truly yours, |
| /s/          
 Shu Du       |
| Shu          
 Du           |

| cc: | Giampietro Baudo, Chief Executive Officer, The Generation Essentials Group |

Samuel Chao, Director and Chief Financial Officer, The Generation
Essentials Group

Dennis Tam, Executive Chairman of the Board and Co-CEO, Black
Spade Acquisition II Co

Kester Ng, Director, Co-CEO and CFO, Black Spade Acquisition II Co

Richard Taylor, Director, Co-CEO and COO, Black Spade Acquisition II Co

Sharon Lau, Partner, Latham &