Hogan Lovells major project finance transactions recognised at the IJGlobal Awards 2023

The winning deals include: 

Digital Infrastructure Deal of the Year – Data Centres – Europe: Maincubes – Project Matrix

We advised the international lending consortium on over €1bn financing of data centre platform, Maincubes. The new debt facility will further accelerate Maincubes’ sustainable growth strategy to become a leading European data centre operator. The Hogan Lovells team has advised the lending consortium comprehensively on all aspects of this transaction. The team worked on this complex transaction seamlessly together and coordinated the cross-border legal advice as well as the consortium of banks including various international lenders.

The Hogan Lovells team on the matter was led by Dr. Carla Luh (Partner, IERP, Hamburg). To learn more about this project, click here.

Renewable Energy Deal of the Year – Offshore Wind – Europe: Baltic Power Offshore Wind Farm

We advised ORLEN and Northland Power Ltd. on the €4.4bn financing and development of the Baltic Power offshore wind project in Poland. The Baltic Power project is located in the Baltic Sea approximately 22 kilometres off the Polish coast and will be the first offshore wind farm to be built in Poland. Once operational, which is estimated in the latter half of 2026, Baltic Power will be amongst the largest offshore wind projects globally. It is expected to provide clean energy to over 1.5 million Polish households and will play an important role in helping Poland achieve its target of up to 11 GW of offshore wind to be constructed by 2040.

The Hogan Lovells team on the matter was led by Dr. Carla Luh (Partner, IERP, Hamburg) on the finance aspects and Dr. Christian Knütel (Partner, IERP, Hamburg) on the project development aspects. To learn more about this project, click here.

Power Deal of the Year – Africa: Singrobo Hydropower Plant

We advised the sponsors with regards to the construction and the operation of a 44MW hydro power plant in Côte d'Ivoire, from the development to the financial closing, including the negotiation of the project document. The Singrobo-Ahouaty Hydropower Development Project addresses the Ivorian government’s concern to diversify the energy mix following an increase in thermal power generation in recent years. The Government of Côte d’Ivoire plans to invest heavily in the generation, transmission and distribution segments of the electric power sector and to implement an ambitious electrification programme.

The Hogan Lovells team on the matter was led by Olivier Fille-Lambie (Partner, IERP, Paris) and Bruno Cantier (Partner, IERP, Paris). 

Refinance Deal of the Year – Africa: SECAA – Dakar-Diamniadio Toll Road PPP

We advised the lenders, consisting of The Emerging Africa Infrastructure Fund (EAIF, represented by its agent NinetyOne Pty Ltd), Banque Ouest Africaine de Développement (BOAD) and CBAO Groupe Attijariwafa Bank in connection with the refinancing of the existing debt of Société Eiffage de la Concession de l'Autoroute de l'Avenir (SECAA) and the financing of additional investments to be made on the Autoroute de l'Avenir Dakar-Diamniadio-AIBD (Aéroport International Blaise Diagne), which is currently in operation.

The Hogan Lovells team on the matter was led by Olivier Fille-Lambie (Partner, IERP, Paris) on the financing aspects and Bruno Cantier (Partner, IERP, Paris) on the project development aspects.

Commenting, Global Head of Infrastructure, Energy, Resources and Projects (IERP), Philip Robb said: "We are proud to have advised our clients on these award-winning projects. They include a great mix of digital assets, energy transition and traditional Infrastructure and reflect the strength of our international network and client base. The Infra and Energy markets are evolving at an extraordinary pace and we’re delighted to be growing the team, winning awards and advising clients on their most important and innovative deals around the world."