CDH represented the Doornhoek project company and its majority shareholder and project sponsor, AMEA Power Limited

The Doornhoek project was bid and appointed as preferred bidder in the sixth bid submission phase of the Renewable Energy IPP Procurement Programme. Standard Bank provided debt funding of ZAR1,8 billion to the project and the Industrial Development Corporation provided over ZAR150 million of equity funding to the local black women-owned shareholders of the Doornhoek project company.

CDH has been involved since the Doornhoek project achieved preferred bidder status, advising on all aspects of the project, including:

• drafting and advising on all equity finance and shareholder arrangements,
• advising on REIPPPP and government procurement process;
• reviewing and advising on finance agreements, including the structuring and implementation of the project finance for the Doornhoek project;
• reviewing advising on the EPC and O&M arrangements; and
• advising on all land and environmental aspects of the transaction including authorizations and permits for Doornhoek project company.