Norton Rose Fulbright South Africa Inc
Related services and key industries
Tshegofatso is an associate in the banking and finance team, based in Johannesburg.
He has been involved transactional and regulatory work, particularly in the extractive and renewable energy industries. His transactional involvement and experience ranges from pre-feasibility stage scoping, through to financial closings (and post-financial close compliance).
His practice area experience for finance work streams includes general finance and project finance from both the local and cross-border perspectives. His practice area experience for projects work streams includes construction, operation and maintenance, offtake and supply services agreements.
Tshegofatso also has experience in exchange control compliance. This includes assisting in the drafting of exchange control approval applications, as well as regularisation applications for non-compliant transactions to the South African Reserve Bank.
He joined the practice as a candidate attorney in 2018 and was appointed as an associate in 2019.
LLB and LLM in Extractive Industry Law in Africa
Assisting in advising Phakwe Power One (RF) Proprietary Limited in relation to the funding of R178 million provided by the Unemployment Insurance Fund represented by the Public Investment Corporation SOC Limited to Phakwe Power One (RF) Proprietary Limited.
Assisting in advising Advised Enel, through its subsidiary Enel Green Power RSA (EGP RSA), in respect of a renewable energy project financing transaction involving a portfolio of five new wind projects, totalling roughly 700MW of capacity.
Assisting in advising Investec Asset Management Proprietary Limited and a consortium of lenders in relation to, amongst others, the development, permitting and financing of a 50.2MW Solar PV plant at Kita in Mali being developed by Akuo Energy SAS.
Assisting in a number of secondary market transactions which consisted of acquisitions of shares in project companies in the renewable energy sector in South Africa. This includes assisting in advising Emvelo Group on all aspects of the acquisition of an equity stake in a solar photovoltaic asset in South Africa. A key component of the acquisition was conducting a legal due diligence on behalf of Emvelo (and its funders).
Assisted in providing advice to a South African banking institution on an uncommitted revolving secured borrowing base financing facility, with stock under collateral management agreement, to a Borrower made up of two tranches, with an overall cumulative limit of USD 10 million across both tranches.
Assisted in providing training to clients on the Financial Markets Act, 2012 and the recent changes being introduced to the legislation affecting market infrastructure and the financial markets sector in South Africa.