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.

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:

Acting as legal counsel to the Benban Solar Developers Association (BSDA) in connection with the EGP 1.6 billion settlement of the Cost Sharing Agreement (CSA) cost overrun dispute with the State-owned Egyptian Electricity Transmission Company (EETC), and drafting and negotiating the settlement agreement on behalf of all 32 Benban project developers.

Advising the Egyptian Electricity Transmission Company (EETC) on a settlement with State Grid Corporation of China in connection with a 1,210km 500kV transmission lines EPC project with a total value of approximately USD 660 million.

Advising the Italian developer Italgen on its negotiations with the New and Renewable Energy Authority (NREA) and Egyptian Electricity Transmission Company (EETC) in connection with the development of 320 MW wind power project under the merchant scheme in the Gulf of Suez, converted into a BOO project; and advising Italgen on the exit from the project and the settlement reached with NREA and EETC to effect the exit.

Advising world leading renewable energy company 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 the Norwegian-funded impact investment finance company Empower New Energy with respect to its development of small to medium scale IPP projects, such as a rooftop PV power plant to feed an aluminium manufacturing facility, a PV power plant to feed a beverages manufacturing facility, and another to feed a ceramics and sanitary ware manufacturing facility.

Advising a consortium of international and local companies on the pre-development of a water desalination plant powered by renewable energy on the North Coast in Egypt.

Write to us

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