Global law firm Norton Rose Fulbright has advised Lekela, a renewable power generation company delivering utility-scale projects across Africa, and French developer Sarréole, as sponsors, on the development and financing of the Taiba Ndiaye wind power project in Senegal. The project will be the biggest in West Africa consisting of 46 Vestas V-126 wind turbines delivering up to 158.7MW. Norton Rose Fulbright lawyers advised the sponsors during extensive negotiations starting in 2009 with SENELEC, the country’s monopoly energy supplier, and the local authorities.
The firm also advised the sponsors on the project financing by OPIC, the US Government’s development finance institution and EKF, Denmark’s Export Credit Agency.
Anne Lapierre, global head of energy at Norton Rose Fulbright, comments: “The Taiba Ndiaye project is a key achievement for Senegal and we are honored to have been selected since day 1 in order to put our wind and renewable energy expertise in Africa at the service of the country's energy independence.”
The project forms a critical component of the Government of Senegal’s strategy to increase clean electricity production, diversify the country’s energy mix, and ensure affordability. It will save over 300,000 tons of CO2 emission into the atmosphere per year.
The team was led by Anne Lapierre, assisted by senior associate, Marie Zelazko and associate Adnen Ben Naser as well as of counsel Thomas Rabain on corporate/equity aspects. The team was supported in Amsterdam by partner Wouter Hertzberger.
For further information please contact:
Carole Guettier, Senior business development manager, Norton Rose Fulbright LLP
Tél: + 33 (0)1 56 59 52 75
Charles Billiard, Communication executive, Norton Rose Fulbright LLP
Tél: + 33 (0)1 56 59 52 96
Guillaume Mandrou, Agence Weber Shandwick
Tél : + 33 (0)1 47 59 38 70
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