All cases
Energy & Infrastructure
400 MW solar complex
Counsel to the sponsor from tender submission to financial close, with five lenders and a 25-year power purchase agreement.
Client
Independent power producer
Sector
Energy
Jurisdiction
Morocco
Year
2024
Value
USD 520m
Outcome
Financial close
The matter
The sponsor won a public tender for a solar complex and had eleven months to reach financial close.
What we did
We negotiated the power purchase agreement, the land lease and the finance documents with five development banks.
Result
Financial close was reached one month ahead of the deadline.
