Ashurst‘s presence in Morocco emanates from its London and Paris offices, where it possesses expertise in M&A, international arbitration, project finance, and project development in the oil, gas, and mining sectors. Yann Alix heads the Moroccan practice and often acts for international buyers and sellers in M&A. Alix also specialises in project development in the energy and resources sector. Mark Barges co-leads the project finance team and advises on infrastructure and energy projects concerning the development of airports, and rail and road projects.
Testimonials
Collated independently by Legal 500 research team.
‘Excellent knowledge of the Moroccan legal system and environment. I have been dealing with the energy and infrastructure practices.’
‘I would highlight that the team is business-oriented. Their advice is reasonable and to the point.’
‘Always available regarding last-minute doubts and answers our queries eagerly and in detail. This has meant that we have been able to close deals whilst in the negotiating table.’
Key clients
- Chariot Limited
- Attijariwafa Bank
- Banque Centrale Populaire
- Schlemmer
- Managem
- Newcrest
- Petra Diamonds
- One-Dyas
- Minerals Development Oman
- VINCI Concessions
Work highlights
- Advised Chariot on its partnership with Energean, with Energean farming into the Lixus Offshore licences, where the Anchois gas development project is located, and the Rissana Offshore licences in Morocco. As part of the agreement, Energean will receive a 45% stake in Lixus and a 37.5% stake in Rissana, while Chariot will retain a material stake in both assets.
- Advised the Lenders on the MAD 3.3 billion refinancing of Units 5 and 6 of the Jorf Lasfar power plant (wholly owned by the Emirati entity TAQA), the largest coal-fired power complex in the MENA region and the first independent power producer (IPP) in Morocco, for the Jorf Lasfar extension IPP.
- Advised the lenders on the financing of the development of a solar PV project under a corporate PPA under law 13/09 project in Morocco developed by Green Power (an affiliate of AMEA Power).
Practice head
The lawyer(s) leading their teams.
Yann Alix, Mark Barges, Tom Longmuir, Quentin Robinson, Matthew Saunders, Emma Johnson