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:

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.

Advising First Abu Dhabi Bank (FAB) as lending bank and pledgee (together with Eversheds Sutherland) in connection with the acquisition by Cleopatra Hospitals Group, one of Egypt’s largest private hospitals groups, of UAE’s Alameda Healthcare Group, with a deal value of about USD 450 million (a deal which has been called off in 2Q2021).

Advising the New and Renewable Energy Authority (NREA), alongside Human Dynamics, on the structuring, financing and setup options of a 200MW wind energy project to be tendered in Egypt, as well as with respect to the tender process and agreements for the selection of an operation and maintenance contractor for a 220MW onshore wind project in Gabal Elzayt.

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

Write to us

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