Additional Project Experience
Nairobi – Nakuru – Mao Summit road PPP, Kenya— Sponsors on the development of the Nairobi – Nakuru – Mao Summit road PPP, Kenya
Ethiopian Transmission— Standard Bank on the ECA backed financing of the construction of transmission infrastructure, Ethiopia
Ugandan refinery— Rostec Global Resources, Marsfield and GS on the negotiation of an implementation / framework agreement and shareholder arrangements with the Government of Uganda for the construction of a 60,000 bpd oil refinery in northern Uganda
Mozambique LNG— Mitsui Group on the negotiation of project documents with its co- sponsors and the Republic of Mozambique in relation to a major LNG project in Mozambique
Fortuna FLNG— Ophir Energy Plc on the development of the $ 2 billion Fortuna floating LNG project in Republic of Equatorial Guinea including the EPCIC contracts, Inspection, Maintenance and Repair( IMR) contracts, chartering arrangements and offtake arrangements in connection with this project
Coral South Area 4— US $ 4.7 billion project financing of the Coral South Area 4 floating liquefied natural gas unit located in offshore Mozambique involving Bpifrance( French export credit agency), SACE( Italian export credit agency) and other financial institutions
Eastern Corridor Road, Ghana— LMA Social Loan Principles( SLP) based financing with Euler Hermes( German export credit agency) support for the Republic of Ghana, represented by the Ministry of Finance and Economic Planning of Ghana for the development of the Eastern Corridor Road, Ghana
Benin Port Project— the sponsors on the development and financing of the Benin port project, Nigeria
Ingula storage power plant— financing of the Ingula storage power plant in South Africa for Eskom supported by SACE( Italian export credit agency) with a SIMEST interest make-up with a portion of the financing provided by Cassa Depositi e Presiti
Egyptian Refining Company— Advising the Egyptian Refining Company and its shareholders on the ongoing project financing of the $ 4.2 billion hydrocracker project at Mostorod, Cairo, Egypt, including a restructure of its project financing in 2018 which involved an additional $ 500 million in loans and equity. The lenders to ERC include JBIC, NEXI and K-Exim
Kusile power project— Financing of up to € 705 million in relation to the boiler contract with Hitachi Power Europe for the 4,800 MW Kusile power project in South Africa for Eskom supported by Euler Hermes( German export credit agency)
Trafigura PTE— Advising Trafigura PTE Limited on relation to its investment in the upgrade and expansion of the Berbera Oil Terminal, Somaliland
Savannah Energy Plc— acquisition of Exxon and Petronas’ entire interests in the Doba oil field in Chad and their shareholding in the Chad-Cameroon Pipeline and FSO for a total consideration of up to $ 676 million and the associated acquisition financing
United Bank for Africa Plc— lending between financial institution for using the proceeds for in country corporate lending in Nigeria with UKEF( UK export credit agency) support
Vitol participation in OCTP oil and gas field— Representing IFC, UK Export Finance and eight commercial banks in connection with the $ 1.5 billion financing of Vitol’ s participation in the development of Ghana’ s Offshore Cape Three Points( OCTP) oil and gas field. This multi-sourced quasi project and reserve-based lending( RBL) financing also included a Multilateral Investment Guarantee Agency( MIGA) covered facility and benefited from complex World Bank support arrangements in relation to the gas offtake. The project’ s overall cost of approximately $ 7 billion represents the largest foreign direct investment in Ghana’ s history, and UKEF’ s largest direct loan to date bracewell. com