Feyi Olufon

Feyi is an associate on the energy and infrastructure team with almost a decade of experience advising commercial banks, sponsors, governments, and DFIs on a range of financing and corporate matters. She counsels clients globally and has a particular focus on energy and infrastructure transactions.

Project Development and Finance

• Advised the syndicate of lenders on the first fully privately financed power generation project in Nigeria.
• Advised Nigeria’s largest infrastructure debt fund on its $21.7 million financing of the expansion of a CNG compression and distribution plan by Africa’s largest CNG producer and distributor.
• Advised the sponsor on the deployment of solar homes systems and mini-grids to customers across Northern Nigeria.
• Advised the lender on the financing of the development, construction, operation, and maintenance of solar mini-grids across communities in Southwest Nigeria.
• Advised the sponsor on the deployment and financing of up to 25kw high capacity off-grid solar standalone systems in various markets across Nigeria.
• Advised a bidder on the proposed privatization/acquisition of two out of the five National Integrated Power Projects in Nigeria and its proposed equity capital raise of up to $200 million.
• Advised the project sponsor on the development of an electricity distribution franchising business model.
• Advised the preferred bidder on the acquisition of two generation companies in Nigeria.
• Advised the joint sponsors on the legal and regulatory framework for the development of up to three embedded renewable energy generation and distribution franchising projects in Nigeria.

Real Estate

• Advised the sponsor and asset manager on a €490,000,000 senior debt refinancing of a portfolio of logistics properties across Europe and on the transfer of a €58,000,000 bridge facility and guarantee arrangement with a third-party lender.
• Advising a commercial bank on the refinancing of a £320,000,000 investment facility and intercreditor arrangement with a third-party lender in connection with a portfolio of properties across London.
• Advised a real estate developer on the joint design, development, construction, delivery, and financing of up to 5000 affordable housing units in Edo and Lagos States.
• Advised an indigenous company on the development and financing of a global branded hotel and private residences project in Lagos.
• Advised a bridge lender on the circa $200 million debt refinancing facility advanced to one of Nigeria’s indigenous exploration and petroleum development companies in relation to the development of the certain oil filed in Nigeria.
• Advised the sponsor on the development of a mixed-use luxury estate.

Telecoms

• Advised the lender on the $251 million refinancing of loans granted to a telecoms company.
• Advised Nigeria’s largest infrastructure debt fund on its circa $126 million financing of the development, operation, and management of telecommunication towers by an indigenous tower company.
• Advised a syndicate of funders on a bridge facility of up to $55 million made available to a mobile network operator in connection with the deployment of telecommunication towers across Nigeria.
• Advised on the merger of two of the biggest telecommunications tower companies in Nigeria.

Infrastructure Concessions

• Advised a state government on the development and construction of a 120km bridge with an estimate project cost of $2.25 billion.
• Advised a state government on the development and financing of a government residential area.
• Advised the sponsor on the concessioning of an international airport in Nigeria with a total project cost of $1.2 billion.
• Advised on the proposed concessioning of the Narrow-Gauge Railway Lines in Nigeria.
• Advised on the rehabilitation and digitisation of customs operations in Nigeria.