Global law firm Ashurst has advised the sponsors, FB Group and Summa, on the development and financing of the Freetown Airport PPP project in Sierra Leone.
The project, a first of its kind in Sierra Leone, involved a US$125 million financing from DFC.
The Ashurst team was led by partner Matthew Wood, supported by senior consultant Simon Moore, senior associates Sam Naylor and Femi Omosuyi, associates Guy Seymour and Charles Guo. Partner Michael Neary and counsel Matthew Haist advised on New York law aspects.
Commenting, lead partner Matthew Wood said: "We're hugely proud to have advised on this ground-breaking infrastructure PPP for the African market. It has been a brilliant effort from our clients and the Ashurst team, who were able to lean on their extensive project finance experience to navigate this innovative project."
The Ashurst team worked alongside each of Ergun (Turkish counsel) and Lambert & Partners (Sierra Leonean counsel).
