We advised the Lenders (ABSA Bank and Nedbank) in relation to the portfolio financing of five wind energy projects which will produce approximately 700MW of electricity. The Fasken team advised the Lenders on the structure of the financing and security, and were responsible for the negotiation and drafting of the financing agreements. The total project cost is in excess of R16 billion and is considered to be the largest single renewable energy financing in Africa.
Client Work
Enel
Fasken
Reading Time
1 minute read
Overview
Overview
Team
Team
- Ashen Jugoo, Partner | Co-Leader, Energy and Climate, Johannesburg, +27 11 586 6098, ajugoo@fasken.com
- Blaize Vance, Partner | Managing Partner, South Africa, Johannesburg, +27 11 586 6067, bvance@fasken.com
- Samantha van Breda, Partner, Johannesburg, +27 11 586 6078, svanbreda@fasken.com
- Johan Coetzee, Partner, Johannesburg, +27 11 586 6044, jcoetzee@fasken.com
- Lara Bezuidenhoudt, Partner, Johannesburg, +27 11 586 6038, lbezuidenhoudt@fasken.com
- Simone Bryson, Partner, Johannesburg, +27 11 586 6030, sbryson@fasken.com
