Olkaria III wins Project Finance Magazine Award 2009
Jan 10
We are pleased to announce that the Olkaria III geothermal IPP in Kenya has won the Project Finance magazine/Euromoney African Renewable Deal of the Year 2009. The award was awarded to (1) Ormat International and Orpower 4 Inc as the borrower, (2) the lenders, FMO, DEG, EAIF, Proparco, KfW, EFP, (3) Trinity International LLP in its role as international legal counsel to the lenders and (4) the borrower's international legal counsel (Chadbourne & Parke).

Article for This is Africa
Jan 10
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 the role of privately-financed independent power projects in meeting Africa's dire need for electricity: http://www.thisisafricaonline.com/news/fullstory.php/aid/125

Article for Project Finance International
Dec 09
The new edition of Project Finance International magazine features an article by Patrick Leece of Trinity. The article considers the trends in infrastructure projects in Africa and the lessons learned from those transactions that have reached financial close. The article looks at a number of transactions including those on which Trinity has advised such as the Lekki-Epe Expressway in Nigeria and the Tema port project in Ghana.

The Africa File: www.theafricafile.com
Nov 09
The Africa File is a new online publication conceived and sponsored by Trinity International LLP: the law firm for Africa ( Trinity ): www.theafricafile.com. The Africa File is an annual collection of articles written by Trinity and its clients and contacts who are active on the African continent. 2009 marks the first edition of what we hope will become a successful and widely-read annual publication. The Africa File will cover a range of diverse topics but with one pervasive theme: investment in Africa. As a law firm whose founding partners have been advising on transactions in the African energy, transport and infrastructure sectors for approaching twenty years, we have seen and continue to see the huge untapped opportunities on the continent. We specialise in advising on the structuring, development and financing of large scale infrastructure projects and have seen the challenges and the triumphs of closing these projects first hand. The intention of The Africa File is to share some of our experience and, more importantly, the experience of others who know and understand how to do business in Africa. www.theafricafile.com

300MW Wind Farm (Kenya)
Sep 09
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
Jul 09
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 Africa Energy Forum: http://www.energynet.co.uk/AEF/index.html.

emea finance Award for Olkaria III IPP, Kenya
Jun 09
emea finance magazine awarded "Best EMEA Sustainability Deal 2008" to the Olkaria III IPP in Kenya. Trinity acted for the lenders to the project which closed in Q1 2009.

emea finance Award for Lekki-Epe Expressway
Jun 09
emea finance magazine awarded "Best Africa Project Finance Deal 2008" to the Lekki Epe-Expressway infrastructure project in Lagos, Nigeria. Trinity acted for the project company, Lekki Concession Company, and its shareholders, in respect of the development and financing of the project.

Trinity promotion to partnership
May 09
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 with international firm Allens Arthur Robinson in its Energy, Resources and Infrastructure and Corporate teams in Perth and Melbourne where he worked closely with key international and domestic energy and resource companies such as Rio Tinto. He continued his career at Freshfields in London advising on a broad range of cross-border M&A transactions, joint venture and energy projects in a number of emerging markets. Conrad has experience across diverse sectors with a particular focus on project and corporate finance in energy and infrastructure transactions. Having lived and spent considerable time working in Africa, Conrad has added to the experience of the Trinity team in developing projects and advising on transactions across the continent and in other emerging markets. Conrad was an integral member of the team that completed the Rabai power project in Kenya late last year. The project received the Project Finance International (PFI) and Project Finance Magazine power deal of the year award 2008/2009.

Kaushik Ray
Mar 09
Trinity is delighted to announce that Kaushik Ray has joined the team. Kaushik is a senior associate who trained and qualified as a solicitor at Allen & Overy LLP, gaining experience in its Projects, Energy and Infrastructure group both in London and Paris. Kaushik has experience in project finance across a range of sectors in both energy and infrastructure transactions. Kaushik's particular experience includes advising the lenders on a US$2.5 billion IWPP financing in Saudi Arabia; representing two regional development banks on the financing of the Djibouti port project; advising the sponsors on a US$330m cement plant in Nigeria; advising the sponsors on the development of a US$4bn LNG plant in Iran; and variously advising the government, sponsors and lenders on several PPP projects in the UK. Kaushik also has experiencing advising the lenders on wind farms in Greece and Italy, a telecommunications network in Chad and an electricity network in southern Africa. In addition, Kaushik has acted for commercial banks and sponsors on several tax-structured film and television financings.

Guy Jolly
Feb 09
We are pleased to announce that Guy Jolly, a finance lawyer with a particular focus on international projects transactions, has joined the Trinity team. The firm is continuing its recruitment process as Trinity enters its fourth year of existence.

Project Finance International Africa Power Deal of the Year 2008 for Rabai
Jan 09
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 Limited and BWSC Scandinavian Contractor. This represents an impressive double for the project as it also received a Project Finance International Award in December to round off a successful year for the transaction and indeed Trinity.

Project Finance Award for Lekki-Epe Expressway
Jan 09
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 also won awards from Project Finance International and Africa Investor.

PFI Awards double header for Trinity deals:
Dec 08
Two of the major transactions which Trinity closed in 2008 have won awards at the Project Finance International Awards 2008. The Lekki-Epe Expressway Project in Nigeria won "Infrastructure Deal of the Year" for Africa and the Middle East and the Rabai IPP Project in Kenya won "Power Deal of the Year" for Africa and the Middle East.

Lekki-Epe Expressway Toll Road Project Closes:
Oct 08
The $335 million Lekki-Epe Expressway Toll Road Project has reached financial close. Trinity acted for the project company, Lekki Concession Company Limited on all aspects of the project, including the concession, EPC, O&M and financing arrangements. Debt finance is to be provided from a range of financial institutions, both Nigerian and international. The project will be a real toll project and involves the upgrading and expansion of 49km of the existing Lekki-Epe Expressway on Victoria Island in Lagos and the development of a new coastal road running parallel to the existing road. The project won "Infrastructure Deal of the Year" for Africa and the Middle East in the Project Finance International Awards 2008 and Africa Investor Transport Deal of the Year Award 2008.

Rabai project closes:
Oct 08
The $160 million 90MW Rabai power project has reached financial close. Trinity acted for Burmeister & Wain Scandinavian Contractor A/S, Aldwych International Limited and the project company, Rabai Power Limited in relation to the development and financing of the project. The plant is located 20 km (12 miles) from the port city of Mombasa, Rabai.

Josephine Lindop:
Oct 08
Trinity is very pleased to announce that the Trinity team continues to grow with the addition of Josephine Lindop, an associate with experience in infrastructure and energy projects (including renewables), financing and corporate transactions on the African continent. Josephine speaks fluent French and has a focus on francophone Africa as a result. Josephine qualified with Webber Wentzel Bowens in South Africa and went on to work in Paris, most recently with Gide Loyrette Nouel.

Desalination Facility (Ghana):
Sep 08
Trinity has been retained to act for the lender in respect of a salt water reverse osmosis desalination facility in Ghana.

Rail infrastructure (Nigeria):
Jul 08
Trinity has been instructed to act for the developers of a major rail infrastructure transaction in Nigeria.

Zambian utility refinancing:
May 08
Trinity closes acquisition debt refinancing transaction in Zambia. Trinity acted for the sponsors in relation to the refinancing involving a complex cross-border structure (Zambia, Ireland and the Netherlands).

Telecoms financing, Zambia:
May 08
Trinity closes the US$40,000,000 financing of the operations of the mobile operator, MTN (Zambia) Limited. Trinity acted for a consortium of banks including ABSA Bank and Citibank.

Kelvin power station acquisition:
Feb 08
Trinity acted for Aldwych International Limited in relation to its acquisition (with its fellow investors) of the 600MW Kelvin power station in Johannesburg.

Trinity acted for Copperbelt Energy Corporation PL
Dec 07
Trinity acted for Copperbelt Energy Corporation PLC in relation to the raising of $35,000,000 in senior debt and the listing of a portion of the company's shares on the Zambian Stock Exchange. Both transactions closed in December 2007.

Marina Ferraz Aidar:
Dec 07
The Trinity team is pleased to announce that it has been joined by Marina Ferraz Aidar, a banking and financial markets lawyer. Marina will be working on a range of transactions with a particular focus on representing lenders. Marina joins us from Machado Meyer Sendacz e Opice, one of the largest firms in Brazil with whom we have worked on a number of transactions.

Endeleo joint venture:
Dec 07
Trinity helps create a joint venture to act as a developer/manager and adviser to the public sector in Africa in relation to the development of infrastructure assets.

Conrad Marais:
Feb 07
Trinity is pleased to announce that Conrad Marais, a senior corporate and projects associate has joined Trinity. Conrad qualified in Australia with Allens Arthur Robinson, gaining experience in its Energy, Resources and Infrastructure and Corporate teams in Perth and Melbourne. He has subsequently worked in London with international law firms Freshfields and Morgan Lewis having worked on a range of cross-border M&A transactions, joint ventures and energy and infrastructure transactions. Conrad has significant corporate experience across diverse sectors with a focus more recently on energy and infrastructure transactions. Conrad is a member of the Renewable Energy Association.

Project Finance Award:
Dec 06
Trinity acted for the management team and other equity investors in relation to the leveraged management buyout of a controlling stake in the Copperbelt Energy Corporation in Zambia. The deal received Africa Acquisition Finance Deal of the Year at the Project Finance Deal of the Year Awards 2007.

Wind farm development (Albania):
Jan 70
Acting for the developers of a wind farm project in Albania.