Energy and Power

Egypt is a major energy producer in North Africa. The country provides the three conditions required for multinationals to be confident in committing to FDI in a particular region: a growing market, geopolitical stability, and a robust future. Renewable energy is a particularly dynamic sector, addressing world governments’ requirements to reduce carbon emissions and retain security and sustainability of supply. 

We can manage all legal matters relating to your project, including acquiring land and buildings, licensing, IP, labour law, contracts, and tax.

Our lawyers have spent their careers advising multinational corporations, investors, and governments on the complex and often challenging energy and power sector. We provide accurate, commercially astute advice on the entire lifespan of an energy project, from due diligence, gaining government consent, and structuring the venture, through to the financing, construction, operation, maintenance and ultimately the sale and distribution of the end product. We also advise on energy sector mergers and acquisitions and expanding operations into new rapidly growing markets such as renewable/green energy and green fuels.

We work with all stakeholders in the venture, including the legal, operations, finance, and business development teams; ensuring everyone receives the advice they need to meet their targets in a seamless, cost-conscious manner. 

With years of experience in the energy and power sector, we can also assist with putting your teams in contact with banks, investors, environmental consultants, and potential business partners. 

We can manage all legal matters relating to your project, including acquiring land and buildings, licensing, labour law, contracts, and tax. Our team has unique insight into how every aspect of an energy or power project interacts, meaning we can achieve results regardless of the complexity of the project and/or circumstances.

Recent
successes
include:

Advising Scatec on its 1GW solar and 200 MWh battery storage project in the South of Egypt to sell electricity to the Egyptian Electricity Transmission Company (EETC), including the drafting and negotiation of all project and financing agreements, until reaching financial close of the project.

Advising Scatec on the development of 1GW solar PV power project for Misr Aluminium Company (EgyptAlum) to feed its aluminium factory in Nagaa Hammadi in the South of Egypt, which is the largest wheeled IPP project in the C&I sector in Egypt.

Advising Scatec on the development of its 1-5GW wind power project in Egypt, as part of the Giga Wind projects under development for the Egyptian Ministry of Electricity and Renewable Energy.

Advising leading independent power producer Globeleq on the development of its 160MW electrolyser pilot phase of a large-scale green hydrogen and ammonia production plant in Egypt, powered primarily by renewable energy to be expanded to about 3.5GW.

Advising juwi on the construction of world’s largest solar hybrid project at the Centamin off-grid gold mine in Egypt, with a capacity of 36 MW bi-facial solar and 7.5 MW battery-energy storage system.

Advising Intro Utilities, Intro Group‘s sustainable power and utilities arm, with respect to its 15-year energy supply project with the National Company for Maize Products, a subsidiary of Cairo 3A, and a leading company in the agri commodities market in Egypt, consisting in a BOT co-generation unit to supply NCMP with its entire 14 MW electricity demand and most of its thermal energy needs.

Assisting the Egyptian renewable energy and water company Engazaat with respect to the development for Majid Al Futtaim Properties of 20MW+ of solar power capacity in 4 MAFP retail assets in Egypt and Lebanon.

Advising Engazaat, in a consortium with Chint Global, on the review of its Power Purchase Agreement for the supply of 7MW of solar PV power to world-leading fiberglass manufacturer Jushi, to power Jushi Egypt for Fiberglass Industry’s factory in the Suez Canal Economic Zone.

Advising Norwegian impact investment company Empower New Energy with respect to its development of several solar rooftop and ground-mounted small size projects both offgrid and grid-connected, including with respect to the legal due diligence, structuring of the project companies, review of the PPA and other project agreements, among other matters.

Write to us

To find out more about our energy and power services, please write to us at contact@mazghouny.com.