Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 21-07-2017 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | Financing for 90.24MW IPP Project in Kayes, Mali | Industry: | Electricity |
| Description: |
Linklaters advised a consortium of sponsors on the structuring and financing of the first IPP project in Mali with a total project cost of EUR123m.
The project consisted of the construction, installation and operation of a thermal power plant with an installed capacity of 90.24 MW in Kayes, Mali.
The consortium of sponsors was composed of a Danish institutional investor (The Investment Fund for Developing Countries), a Danish construction company (Burmeister and Wain Scandinavian Contractor a/s), a South African investment fund affiliated with the South African insurance group Old Mutual (AIIM Seed Partnership) and a Mauritius holding company (Redox Power Solutions Limited) which was formed by the initiators of the project (including Mr. Koenraad Beckers and Mr. Amadou Sow).
The debt amounted to nearly EUR90m.
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| Financial Center: | Paris | Value: | 100.01-500.00 |
| Advised Party: | Equity Sponsor | Law Firm | Linklaters |
| Project Location | Mali | Equity Sponsor | Denmark |
| Classification: |
Project Finance Power |
Lawyer | Paul Lignieres |
