Cases & Deals

Azito Energie successfully negotiates expansion of the Azito power project

Clients Azito Energie SA

Jones Day is assisting Azito Energie, Globeleq and IPS on "Phase 3" of the Azito project in Côte d’Ivoire, including the successful negotiations of amendments to the concession agreement with the State and of an EPC Contract with Hyundai Engineering and Construction relating to the conversion into combined cycle of the existing gas-fired Azito power plant and its expansion to 420 MW. Recognized as "African Power Deal of the year 2012" by Project Finance International and was also awarded the "Global Power Deal of the Year 2012" by the Infrastructure Journal.