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Conyers Dill & Pearman advised Banque Ouest Africaine de Développement, Citibank N.A., London branch, and The International Finance Corporation in connection with the financing of Tobene Power’s infrastructure project in Senegal.
Tobene Power SA, a subsidiary of Melec PowerGen Inc, is developing, building and will be operating a 90 Megawatt heavy fuel power plant in Senegal, providing affordable and reliable power to local utility Senelec. The power plant has the capacity to be converted to operate on natural gas.
Sameer K. Tegally of Conyers’ Mauritius office advised on the matter.