Ashurst Law Firm Guides Freetown Airport PPP Project in Sierra Leone
A global law firm, Ashurst, has successfully advised the sponsors, FB Group and Summa, on the development and financing of the Freetown Airport PPP project in Sierra Leone. This project marks a significant milestone as it is the first of its kind in the country and involves a US$125 million financing from the Development Finance Corporation (DFC).
The Ashurst team, led by partner Matthew Wood, played a crucial role in this landmark project. Wood was supported by senior consultant Simon Moore, senior associates Sam Naylor and Femi Omosuyi, and associates Guy Seymour and Charles Guo. Additionally, partner Michael Neary and counsel Matthew Haist were also involved in advising on New York law aspects.
In an interview, lead partner Matthew Wood expressed his pride in being a part of this groundbreaking infrastructure PPP project in the African market. He also credited the success of the project to the collaborative efforts of the clients and the Ashurst team. Wood further highlighted the extensive project finance experience of the Ashurst team, which played a crucial role in navigating this innovative project.
The Ashurst team worked closely with Ergun (Turkish counsel) and Lambert & Partners (Sierra Leonean counsel) to ensure the smooth execution of the project.
The Freetown Airport PPP project has attracted significant attention and is expected to have a positive impact on the economy of Sierra Leone. The project is a testament to the growing interest in infrastructure development in Africa and the potential for future investment opportunities.
The Ashurst team’s extensive experience in project finance and their ability to navigate complex projects played a crucial role in the success of this project. With their guidance, the Freetown Airport PPP project is set to bring significant benefits to Sierra Leone and pave the way for future infrastructure development in the country.
This project is a testament to Ashurst’s commitment to providing exceptional legal services and their ability to handle complex and innovative projects. The firm’s expertise and dedication have solidified its position as a leading law firm in the global market.
In conclusion, the Freetown Airport PPP project marks a significant milestone in Sierra Leone’s development and highlights the growing interest in infrastructure development in Africa. Ashurst’s role in this project cements its reputation as a trusted partner for clients seeking innovative solutions and exceptional legal guidance.