Overview
We provide unmatchable knowledge and experience in the Nigerian power sector and are the advisor of choice in this sector.
Our lawyers have taken leading roles in the Nigerian power sector from the inception of sector reforms in the early 2000s, through sector privatisation, to ongoing efforts to resolve sector challenges. We regularly advice and support federal and state policy makers, regulators and government-owned companies, as well as private sector project developers and investors, on legal, regulatory and policy matters in the energy and utilities industry. We have a deep knowledge of the industry and assist clients with project development and financing across multiple fuel sources (traditional or renewable), industry segments (generation, transmission, distribution and other services), and with general regulatory advice. We also act for clients on some of the most complex legal and regulatory disputes.
OAKE Legal has been at the heart of some of the most innovative projects and contracting structures in the Nigerian power sector.
Our team continues to design and help implement bankable structures that appropriately mitigate and or allocate risk on both on-grid and off-grid power projects. We continue to design and help implement bankable structures that appropriately mitigate or allocate risk. Our services in the sector range from licensing and permitting, through support on preparation of key contracts (power offtake, fuel intake, engineering, procurement and construction, operation and maintenance, grid connection), through financing to post-commencement operations.
The industry experience of our lawyers includes supporting and advising
- Niger Delta Power Holding Company Limited (NDPHC) on several aspects of its operations, including licensing, fuel (and natural gas) procurement and sale of more than 3,000 MW of generation capacity
- NDPHC on the Gas Supply Agreements to several of its power plants, including the related suite of contracts for obtaining a World Bank Partial Risk Guarantee in respect of the gas supply agreement to one of its plants
- the joint working team of the government of Nigeria and the World Bank Group on legal matters related to the Power Sector Recovery Plan
- the sponsor/developer of a 495 MW independent power project and associated sub-station and transmission facilities, on all aspects of the project
- NDPHC on new business initiatives, including in relation to the development of solar generation projects and deployment of solar home power systems to more than 20,000 homes across Nigeria
- an alternative power company on the development and acquisition of more than 60 MW generation capacity and 150 kilometres of independent distribution networks, on all legal, regulatory and commercial aspects of its operations
- the financing of a 500 MW IPP in Delta State of Nigeria
- on embedded power generation projects for sale to electricity distribution companies
- the government of Nigeria, through NDPHC and the Bureau of Public Enterprises, on transaction structuring and implementation support for the privatisation of the 10 power plants of the National Integrated Power Projects
- the Nigerian subsidiary of the top global cement company, on licensing and sale of power from its 90 MW dual-fuel independent power plant
- the Government of Lagos State of Nigeria, on its contractual dispute with the federal government in relation to the power purchase agreement for the 270 MW AES Barge power project
- Nigeria’s leading provider of off-grid power solutions (including emergency and temporary power rental services), with a projects portfolio in excess of 100MW), on all aspects of its operations
- Nigeria’s leading provider of off-grid power solutions (including emergency and temporary power rental services), with a projects portfolio in excess of 100MW), on all aspects of its operations
- a Chinese State-owned enterprise and its local partners on contractual and other matters related to the 700 MW Zungeru Power Project