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Bracewell Named Finalist for M&A Deal of the Year at 2024 IFLR Africa Awards

LONDONBracewell (UK) LLP is among the law firms recognized for its leading role in the acquisition financing of Lekela Power B.V., which was shortlisted for M&A Deal of the Year at the 2024 IFLR Africa Awards. The winners will be announced in Johannesburg on April 11.

The Lekela Power acquisition is the largest M&A transaction for a portfolio of operating renewable assets across Africa. The transaction is notable for using a unique and innovative financing combining project, acquisition, and structurally subordinated holdco finance structures with South African rand and dollar-denominated debt.

The IFLR Africa Awards focus exclusively on regional transactions that break new legal ground, set market precedents or introduce innovations in deal-making and financing.