|Countries||Sub-Sahara Africa (currently Sierra Leone, Nigeria, Kenya, and Tanzania)|
|Beneficiaries||Rural and underserved communities
PowerGen aims to connect 500m people to electricity in Africa who currently do not have access to energy while building the energy system of the future in Africa with renewable and smart grid technology. To achieve this goal, PowerGen builds solar-powered smart grids in rural areas far away from the national grid. These mini-grids can remain independent, or eventually be connected to the main grid, effectively building the smart grid of the future from the grid edge inwards.
|Scope of Legal Assistance||Sidley lawyers will assist with (i) reviewing and establishing project finance deals and structures; (ii) reviewing operating contracts between AssetCos and OpCos; (iii) advice regarding structuring the most efficient Pan-Africa project finance facility.
|Legal Team||Ayaz Shaikh, Mara Alioto, Luke Ashworth, Lauren Freeman|