Energy & Infrastructure

Energy & Infrastructure Delivered Better

Investing in, developing, occupying and funding infrastructure assets has never been more complex. The asset class has established its place as a key element of the investment strategies of many of the world’s most significant international corporates and funds who are looking well beyond their domestic borders to fulfill their commercial needs.

While inadequate energy and infrastructure is hampering growth in Africa, it also offers significant investment opportunities. Sustained investment in the key sectors of transport, telecommunications and energy will also unlock economic growth and improved access to critical social infrastructure (including power, healthcare, education, water treatment and supply).

We help our clients at all stages of the economic life-cycle of infrastructure projects – from developing to acquiring to managing to restructuring to selling assets, including assisting with the necessary financing. Our team comprises specialists in mergers and acquisitions, project and asset financing, concessions and public private partnerships, construction, dispute resolution and regulatory compliance.

Significant Deals

  • Oso Field Development Project (Mobil/NNPC JV) in relation to $785 million project finance by World Bank/IFC consortium
  • Baker Hughes Inc in relation to $5.5 billion global acquisition of BJ Services Company Nigeria
  • A club of private equity funds in relation to a $28 million equity and quasi-equity investment in 4 power generating SPVs in Lagos State
  • Falcon Petroleum Limited in relation to Natural Gas Sales and Purchase Agreement with Ikorodu Industrial Power Limited, Energy Company of Nigeria Ltd, AKS Steel Nigeria Limited
  • Viathan Engineering Limited in relation to $18.5 million acquisition of Akute Power Limited, an independent power plant having an installed capacity of 12.5 MW
  • Sponsors of Moorhouse Properties Limited in relation to a $20 million debt/equity investment by the International Finance Corporation to finance the development of hotel franchise infrastructure projects
  • A Dubai-based real estate development company on the development of a $150 million high-brow 264 luxury serviced residential apartments cum hotel in Abuja
  • Lagos State Office of Overseas Affairs & Investment (Lagos Global) on the development of 2 proposed multi-million naira luxury residential/hotel development in Ikoyi, Lagos under a public-private partnership arrangement
  • Lagos State Property and Development Corporation in relation to the preparation and drafting of Deeds of Assignment and other Conveyancing documents relating to about 1,000 residential buildings spread across 7 residential estates in Lagos State
  • Orange Island Development Company (OIDC) on the reclamation by dredging of up to 150 hectares of land from the Lagos Lagoon