News

East Africa off-grid solar PV financing November 7, 2016 Trinity is pleased to have advised a syndicate of debt funds, led by resonsAbility Investment AG (one of the world’s leading asset managers specialising in development-related sectors of emerging economies) (‘RiA’) in relation to the financing of Off Grid Electric’s (‘OGE’) East African solar PV off-grid, distributed solar home systems and batteries. The transaction required the adoption of an innovative structured funding solution; involving 4 different jurisdictions and complex security sharing arrangements with existing financiers from Off Grid Electric’s earlier fund raising rounds. The Trinity team was led by Simon Norris and Tinashe Makoni and highlighted two developing trends in the African power sector: The need to explore multi-sourced funding solutions and in particular, from non-bank financial institutions, to bridge the funding gap. In this instance, the RiA led consortium included US and Swiss based private equity funds advancing funds OGE which had previously raised funding from US DFIs, high net worth individuals and private equity funds. The rise of off-grid, mini-grid and micro-grid solutions in Sub-Saharan Africa. OGE currently services more than 100,000 households and business in Tanzania and Rwanda and in the year up to August 2016, the company added more solar homes than the Tanzanian utility company added to the ...

Nigerian road projects: November 3, 2010 A consortium including Trinity International LLP has been shortlisted to act for the Federal Ministry of Works, Housing and Urban Development of Nigeria in respect of four new PPP road ...

Trinity in Legal 500 July 9, 2010 Trinity International LLP has been rated for the first time in Legal 500, The Clients’ Guide to the UK Legal Profession.  The firm appears in (1) Projects, energy and natural ...

Article for This is Africa April 1, 2010 An article by Trinity’s Simon Norris and Kaushik Ray Africa has been published on the Financial Times’ dedicated Africa website, www.thisisafricaonline.com. The article, “The Rocky Road to Independents” looks at ...

Project Finance International Africa Power Deal of the Year 2008 for Rabai May 1, 2009 The Rabai IPP Project in Kenya has been named “Africa Power Deal of the Year 2008” by Project Finance Magazine. Trinity advised the developers of the project, Aldwych International ...

300MW Wind Farm (Kenya) January 9, 2009 Trinity has been appointed to act for African Development Bank and fellow lenders in respect of the 300MW Lake Turkana wind farm project in Kenya.

Conrad Marais at Africa Energy Forum January 7, 2009 Trinity’s Conrad Marais was an expert panel member commenting on trends in African power projects at the Africa Energy Forum in Bordeaux. Trinity is an annual sponsor of the ...

Trinity promotion to partnership January 5, 2009 Trinity International LLP is pleased to announce that it has promoted Conrad Marais to the partnership, effective 1 May 2009. Conrad joined Trinity in early 2007 having practiced in Australia ...

Project Finance Award for Lekki-Epe Expressway January 1, 2009 The Lekki-Epe Expressway toll road transaction has won Project Finance Magazine’s Infrastructure Deal of the Year 2008 for Africa. The deal, closed in the third quarter of 2008, has ...

Kelvin power station acquisition: December 2, 2008 Trinity acted for Aldwych International Limited in relation to its acquisition (with its fellow investors) of the 600MW Kelvin power station in Johannesburg.