practiceProjects

We are a market leader in projects, infrastructure and project finance in Uganda. We act on the mandate of the world’s leading development financial institutions, the Government of Uganda and governmental agencies and private infrastructure entities.

We have participated in the development, financing, acquisition and operation of complex infrastructure projects in Uganda, and we possess the local knowledge required to support clients identify, analyse, negotiate and document legal and financing structures for the development, financing, acquisition, delivery, commissioning and operation of infrastructure projects.

We possess detailed knowledge and understanding of the local regulatory environment in the key areas of: licensing and permitting, regulatory compliance, financing and security structures, environment and safety, procurement considerations, land rights, land use and land acquisition, insolvency, government guarantees, foreign exchange and profit repatriation, taxation, sovereign immunity, enforceability of foreign civil and arbitral awards in Uganda and labour law constraints.

We have participated as legal counsel in four of the most noteworthy infrastructure transactions in Uganda over the past decade: the 600MW Karuma hydro-power dam, the 250MW Bujagali II hydro-power dam, the 273-kilometre standard gauge railway line and the concession of assets of Uganda’s sole copper mine, Kilembe Mines. We also acted as legal counsel to the sponsors for the establishment of Uganda’s first two solar power plants.

Recent notable work highlights include:

  • Advised China Harbour Engineering Company (CHEC) on the special-case procurement of CHEC to construct the US$ 8 billion standard gauge railway, (a project conducted under a bilateral arrangement between the Heads of State of Northern Corridor Integration Project and the People’s Republic of China), including advising CHEC on indirect concessional loan financing from the Export-Import Bank of China.
  • Advised Sinohydro Corporation, the EPC contractor on its procurement to construct the US$ 2.2 billion 600MW Karuma hydro power dam, including advising SinoHydro on parallel contracting arrangements with the Government of Uganda and indirect concessional loan financing from the Export-Import Bank of China.
  • Advised Access Power MEA on the establishment of a US$ 17 million 10 MW photovoltaic power station in Soroti, Uganda, the largest independent solar power project in sub-Suharan Africa (excluding South Africa), including acting as borrower’s counsel for project financing by the Dutch development bank FMO.
  • Advised Building Energy S.p.A on the set up of a US$ 20 million 10 MW photovoltaic power station in Tororo, Uganda, including acting as borrower’s counsel for project financing by the Dutch development bank FMO.
  • Advised a syndicate of eleven lenders, led by the International Finance Corporation, African Development Bank, Absa Bank and Standard Chartered Bank London, for the project financing of the 250 MW hydro-power project, including advising the lenders on the addition of hedging arrangements, transfer of interests in the project company and sponsors, and additional financing and refinancing matters.
  • Advised the Government of Uganda, represented by the Privatisation and Utility Sector Reform Unit of the Ministry of Finance, Planning & Economic Development, for the concession of assets over Kilembe Mines, Uganda’s sole copper smelting plant, to a private partner. We also provided post-divestiture support to Kilembe Mines Limited, and advised on the related hydro-power projects of Mobuku I and III.
  • Acted as local counsel to the Government of Uganda, represented by the Uganda Securities Exchange, on a USAID-funded feasibility study into proposed creation of the Uganda Infrastructure Fund, an initiative of The Fourth Presidential Investor‘s Round Table (PIRT) in which it was agreed to establish a public-private US$1 billion infrastructure fund.
  • Acted as local counsel to the African Development Bank and the Trade and Development Bank (PTA Bank) for the US$ 19 project financing of the 9MW Buseruka hydro-power project.
  • Acting as local counsel to a syndicate of lenders, led by the International Finance Corporation and African Development Bank, for the proposed US$ 500 million project re-financing of the Bujagali II hydro power dam.
  • Advised Aggreko Power Projects International on its US$ 174 million thermal power supply concession with the Government of Uganda, where the Government of Uganda, acting through the Uganda Electricity Transmission Company Limited, granted a concession to Aggreko to supply emergency 50MW thermal-diesel power.