Norton Rose Fulbright South Africa reaches financial close on biggest solar farm in west Africa
This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.
Global law firm, Norton Rose Fulbright, has successfully closed the financing facilities on a 50MW solar PV plant in Sikasso, Mali for the first French green Independent Power Producer, Akuo Energy. The Kita solar farm is its first project to begin construction in Africa and is the largest in west Africa.
Head of Banking and Finance at Norton Rose Fulbright South Africa, Jackie Midlane, who led on the transaction, said, “We are proud to have played a key role in the region’s most high-profile, innovative transactions.”
The project has been in development by Akuo Energy since 2014, with Norton Rose Fulbright advising on the transaction since July 2016. The firm’s teams in Johannesburg and Paris represented the following Lenders:
- The Emerging Africa Infrastructure Fund Limited (acting through its agent and investment manager Investec Asset Management Proprietary Limited)
- Banque Ouest Africaine de Développement
- Banque Nationale de Développement Agricole
- Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (FMO)
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation