We have had a busy few months at Trinity.
We welcomed 250 guests at Tivoli Gardens in Copenhagen for our annual party, held to coincide with the Africa Energy Forum. The annual Trinity party has become a great opportunity for senior members of developer, lender and government teams to discuss the development of the power sector in Africa in a relaxed and friendly environment.
We have recently advised the project company and sponsors of Mozambique’s first utility scale (40.5MW) solar PV power plant in Mocuba. On the signing of the finance documents, Raymond Carlsem CEO of Scatec Solar ASA noted: “Scatec Solar is committed to harnessing Mozambique’s solar potential and infusing grid stability. This is especially important for a country that relies on a long distance power transmission system that is vulnerable to interruptions. We will leverage IFC’s knowledge and support to ensure greater resilience for the country’s electricity sector…“.
In this edition of Focus, we take a look at what (if any) opportunities exist for Africa as a result of the Brexit vote and the UK leaving the European Union.
One of the key commercial questions that comes up time and again in English law is the difference between “best endeavours“, “reasonable endeavours” and “all reasonable endeavours“. We set out an article that summarises the latest position under English law.