African Law & Business mentions Johannesburg lawyers Lara Bezuidenhoudt, Craig Whitley, Ashen Jugoo and Nathisha Maharaj in an article on South African renewable energy deal.
International law firm Pinsent Masons acted as legal counsel to the sponsors and to SOLA, who also received corporate advice from Hogan Lovells on the transaction which attained financial closing on 9 September, having been announced in March. Canadian-founded firm Fasken advised the lenders on the associated ZAR 3.1 billion (USD 172 million) debt facility, which was provided by South African commercial banks Absa Bank, Nedbank and Standard Bank, together with the Development Bank of South Africa. SOLA’s existing funder and shareholder African Rainbow Energy provided equity finance.
The Johannesburg-based Fasken team was led by transactional and projects partner Lara Bezuidenhoudt and banking and finance partner Craig Whitley, with assistance from fellow partners Ashen Jugoo and Nathisha Maharaj.
