DUBAI AND LONDON – Bracewell LLP acted as lead international counsel to an international investment consortium, comprised of Siraj Energy, Marubeni Corporation and Total Solar, in the development and implementation of the first utility-scale renewables independent power project in Qatar. The transaction reached financial close on July 22, 2020.
The 800.15 MW Al Kharsaah solar photovoltaic IPP, which is located 80 kilometers west of Doha, will meet up to 10 percent of Qatar’s peak electricity demand when the project reaches total capacity. The power plant will help diversify Qatar’s energy generation resources and enable the country to host the first carbon-neutral FIFA World Cup in 2022.
Bracewell lawyers involved in the transaction included:
Partners: Andrej Kormuth, Oliver Irwin, Clint Steyn and Tom Swarbrick
Associates: Ade Mosuro, Bagyasree Nambron and Shayan Najib