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Azerbaijan's landmark solar project


Azerbaijan’s landmark solar project
Published by:
Sandy Bhadare
at 09 Apr 2021
Azerbaijan has secured its first foreign investment-based independent solar project.
Azerbaijan has secured its first foreign investment-based independent solar project.
The Ministry of Energy of the Republic of Azerbaijan has received advice from White & Case on a 230-Megawatt utility-scale solar photovoltaic project.
The project, which will be financed, developed and operated by Abu Dhabi renewable energy company Masdar, will be situated 9 kilometres northwest of the Alat settlement, close to capital city Baku.
Commercial operation is expected to commence at the start of 2023, following which the project will help provide 0.5 billion kilowatt-hours (kwh) of electricity per year, powering over 110,000 homes and lowering emissions by 200,000 tonnes a year. ....

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How White & Case Advised TNOG Oil on Acquisition of OML 17


Obinna Chima
Global law firm, White & Case LLP, has disclosed that it advised Trans Niger Oil and Gas Limited (TNOG), a related company of Heirs Holdings Oil & Gas Limited and Transnational Corporation of Nigeria Plc (Transcorp), on the highly innovative acquisition financing of a 45 per cent participating interest in OML 17 and related assets from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI.
TNOG Oil and Gas Limited, now has sole operatorship of the asset.
This is just as White & Case has announced the promotion of Deji Adegoke, one of its officials, who played a key role in the transaction to the position of a Partner in its Global Project Development and Finance Practice. ....

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