Global law firm White & Case LLP has advised Atinkou and its shareholder Eranove on the structuring and financing for a total amount of €404 million (including €303 million in external financing) of a cogeneration power project.
The project relates to the development and operation for 20 years of a 390MW natural gas-fired power plant using highly efficient combined-cycle turbine technology located close to Jacqueville, approximately 40 kilometers west of Abidjan. The project aims to increase production and improve energy supply in Ivory Coast.
The sponsor of the project is Eranove SA, a pan-African company operating in the management of public services and the production of electricity and drinking water. The company Atinkou was established for the implementation of this important development project in Ivory Coast.
The White & Case team in Paris which advised on the transaction was led by partners François-Guilhem Vaissier, Paule Biensan and Grégoire Karila with support from associates Louis-Jérôme Laisney, Olivier Le Bars, Diane Houriez, Charles Linel and Alain Chan Hon.
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