Retained advisers to Burmeister & Wain Scandinavian Contractor A/S (“BWSC”), in connection with its design, equipment supply, erection and commissioning contract (with South Energyx, (a member of the Chagoury Group) and First Power (an affiliate of Heyden Petroleum Limited)), for the rehabilitation and expansion of the Ijora Power Plant (Nigeria’s first power generation plant) from 10MW to 70MW, as well as an operation & maintenance contract for the power plant.

Also advising BWSC in connection with – (1) a design, equipment supply, erection and commissioning contract for the establishment of a 50 MW and 18 MW back-up thermal power station, with 4 dual-fired engines MDT 18V51/60DF sponsored and owned by South Energyx Nigeria Limited (a member of the Chagoury Group) in the EKO Atlantic City, Lagos; and (2) an operation & maintenance contract for the power plant.