Financing

We provide expert advice to borrowers and lenders on project financing for ventures, including infrastructure, energy, water, and transport. Our lawyers have an international reputation for providing commercially astute legal advice. We also advise on asset finance, corporate and investment grade lending, and real estate finance.

Our insight gained from advising on all sides of financing gives our clients an advantage in navigating the finance process. What sets us apart is that we are a niche firm, with years of collective experience in securing financing for cross-border and domestic projects, and with specific expertise in several industries, such as energy, power, transportation, and construction and real estate.

The 2008 financial crisis and the Covid-19 pandemic have resulted in swiftly changing worldwide regulatory, economic, and political conditions. We are renowned for our intellectual precision, commercial approach, and careful review and drafting of contracts. By using our product expertise and creative approach, we give our clients the confidence that no matter how complex and challenging their matter, we will find a winning solution.

Our focus on core areas of expertise means we have developed robust relationships with local and international investors, private equity firms, and commercial and development banks and financial institutions and can make necessary introductions to support our clients’ financing ambitions.

Recent
successes
include:

Assisting Scatec in closing non-recourse project financing of USD 479.1 million provided by EBRD, AfDB, and BII for its 1GW solar with 200MWh BESS project, in addition to the closing of a USD 120 million equity bridge loan in respect of the project.

Assisting Abu Dhabi Fund for Development acting through its export credit office Abu Dhabi Exports Office (ADEX) in connection with a USD 100 million re-lending facility agreement with the National Bank of Egypt to finance the bank’s provision of sub-loans to local importers and buyers of eligible goods or services from UAE or related companies.

Acting as local legal advisor to the lenders in respect of a euro term loan facility of EUR 76.2 million for the supply of new railway coaches to the Egyptian National Railways company guaranteed by the Egyptian Ministry of Finance.

Assisting FMO, alongside Clifford Chance, to sign a credit guarantee agreement, worth USD 50 million, with Egypt’s Commercial International Bank (CIB), to cover loans granted to the bank’s micro, small and medium enterprises (MSMEs), including underserved segments.

Advising the African Development Bank (AfDB) on a USD 26 million corporate facility to finance the expansion of the capacity of a number of leading hospitals in Egypt.

Acting as local legal advisor to Scatec in connection with the refinancing of the non-recourse project debt for 6 solar power plants in Benban, Egypt, with a total capacity of 380 MW, through the issuance of 19-year USD 334.5 million investment-grade non-recourse Green Project Bonds, which benefit from a Climate Bond certificate from the Climate Bond Initiative.

Acting as local legal advisor to French renewable energy company Voltalia in connection with the disbursement of a USD 25 million facility for its PV project in Benban.

To find out more about our legal advice concerning financing services, please write to us at contact@mazghouny.com.

2025

Financing

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