Electricity

Introduction

Shalakany has extensive experience advising on major electricity and power projects in Egypt, acting for government entities, developers, project companies and other stakeholders on the development and implementation of conventional power and electricity infrastructure projects. The Firm’s experience includes IPP and BOOT projects, concession arrangements, power supply and operation projects, project construction contracts, sector reform and sovereign guarantee structures.

Shalakany has also advised on the transformation of Egypt’s electricity sector from a regulated to a competitive market, including advising the Egyptian Electricity Transmission Company on its transition to an independent transmission company under a World Bank-funded project.

The Firm’s track record includes gas-fired power plants, hydroelectric projects and major electricity infrastructure projects, demonstrating longstanding experience across the development and regulatory aspects of Egypt’s power sector.

Major Cases

Shalakany advised the Egyptian Electricity Transmission Company on its transition to becoming an independent transmission company and shifting the Egyptian electricity sector from a regulated to a competitive market. This project is a World Bank funded project.
The Firm represented the Egyptian Electricity Holding Company on the Dairut combined-cycle gas fired IPP project.
The Firm represented Edison on the Abu Qir 180 MW combined-cycle gas fired IPP project.
Shalakany advised on a 20-year concession project for the supply, operation and maintenance of electrical power to a mega real estate project in Egypt.
The Firm advised IFC and the Egyptian government on the structuring of sovereign guarantees for power projects in Egypt, which was successfully passed into law in 2013.
Shalakany advised the consortium that was awarded the new barrage and 32 MW hydropower plant in Assiut, the second hydroelectric project in Egypt, on the project construction contracts.
The Firm represented InterGen, the company that was awarded the first 682.5 MW BOOT Power Plant Project in Egypt in Sidi Krir.
The Firm represented Electricité de France in connection with the two BOOT power plant projects in Port Said (682.5 MW) and the Gulf of Suez (682.5 MW).