Norton Rose Fulbright has assisted international power generation company ContourGlobal on the financing of the renovation of the Cap des Biches power plant in Senegal that will reach a capacity of 53MW. The combined cycle power plant will operate on heavy fuel with an option to convert to natural gas.

Our lawyers have advised on the implementation of the innovative financing model of the project which was supported by International Finance Corporation (IFC) for the swap to EUR of Overseas Private Investment Corporation’s (OPIC) $91 million financing.

The Paris team advising ContourGlobal was led by head of energy for Europe, Middle East and Africa, Anne Lapierre, assisted by senior associate Simon Cudennec, Adnen Ben Naser and Estine Perrodo.