The Situation

The Niger Delta Power Holding Company Nigeria went through a series of privatisations, Seoul Electric Power Limited wished to acquire 80% of the Geregu Power Generation Company.

The Solution

We were required to provide consulting and advisory services for the acquisition of 80% of the Geregu Power Generation Company.

Our Assistance

We offered strategic consulting and advisory services on procurement and PPP issues for an infrastructure project of this nature. In order to do this we put together a multi-disciplinary team of competent experts to carry out the technical, commercial, financial and legal due diligence on the assets, as well as putting together and preparing a world class bid for the acquisition. We also carried out stakeholder consultations, sourced financial partners and investors, carried out post bid negotiations with regulators on the client’s behalf, and ensured a seamless hand over of the asset.