Phone +234 1 2774920, 2774921, 2774922, 2719811, 2719812, 2719813
AddressSt Nicholas House, (10th, 12th & 13th Floors), Catholic Mission Street, Lagos, Nigeria.
Godson Kelechi Iwuozo is an Associate and a member of the firm’s Corporate and Commercial team. Since joining the firm, he has been involved in a wide range of matters, including business establishment, intellectual property, tax, company secretarial matters, litigation and general corporate advisory.
Advising a consortium in its intended collaboration with one of the State Governments in Nigeria for the purpose of financing, construction, and development a 110 kilometers circular road in the State in order to improve traffic flow under a public, private partnership and build, operate and transfer arrangement;
Advised Geometric Power on the restructuring of the construction finance facility provided for the development of the Geometric IPP project in Aba, Abia State. His role involved negotiating the completion EPC contract in respect of the power plant being constructed by the project developer, review of the finance documents, and the collation of CPs;
Advised Seplat Energy Plc on its US$ 1.283 billion to 1.583 billion acquisition of Exxon Mobil’s offshore shallow water business in Nigeria. Advised on Nigerian acquisition, regulatory and financing elements of this landmark transaction; Advising OCP Africa in connection with a joint venture project with the Nigeria Sovereign Investment Authority (NSIA) for the construction of a fertilizer production plant in Akwa-Ibom State, Nigeria;
Advised a leading global growth equity investor on its $200 million Series D investment in a leading distributor of solar-powered home energy systems for off-grid consumers in Africa and Asia;
Advising Daniel Power Consortium, represented by Daniel Power Plants in connection with raising finance for the acquisition of 80% equity interest in Ogorode Power Generation Company Limited which amounts to US$531,777,777;
Advising a leading power generation and distribution company on the debt restructuring of a facility provided by three Nigerian Lenders to the company’s affiliate;
Advising a leading energy company in connection with the restructuring of its US$2 billion acquisition term loan and reserve based lending from a consortium and syndicate of seven Nigerian banks and one non – banking international oil trading entity;
Advising Sahara Energy Group, a leading energy company in connection with the restructuring of loan facilities worth an aggregated US$723,000,000.00, aimed at mitigating the impact of the devaluation of the Naira on its business;
Advising a leading oil and gas company on the acquisition of oil farm tanks in Nigeria;
Advising a leading oil and gas company on the debt restructuring of US$1.83 billion Senior Secured Medium-Term Acquisition Facility provided to the company by a syndicate of onshore and offshore lenders; and
Advising a leading Nigerian broadband communication solution integrator on the financing of fibre optic cables and the restructuring of existing debt.
UUBO team advises on proposed BAXI/Capricorn Digital limited buyout by MFS Africa
We are pleased to have advised Capricorn Digital Limited, one of Nigeria’s larger digital solution providers, on its proposed acquisition by MFS Africa Nigeria Holdings Limited, in one of Nigeria’s largest FinTech acquisition deals. The investment, which is subject to the approval of the Central Bank of Nigeria, will enable both MFS Africa and Baxi/Capricorn to scale their operations extensively and widen their presence in other African countries in line with their shared corporate values of innovation and technical excellence.
The multidisciplinary Nigerian transaction advisory team was led by UUBO M&A and Private Equity team partner, Folake Elias Adebowale, and included @iamujuude, @kelechi.ibe_ , @officially_bond, @dami.ady , @dpobuchi, @debbynotadowner and @iwuozo_k_godson, working with a cross-border group of advisers.
Team advises lead investor on series A investment round in bamboo global INC
We are pleased to have advised on the Nigerian elements of a recent Series A investment round in Bamboo Global Inc (Bamboo), the parent company of Bamboo Systems Technology Limited.
Greycroft VC and Tiger Global LL.C co-led the financing round in the online investment business with participation from Motley Fool Ventures, Chrysalis Capital and key yCombinator CEO, Michael Seibel, among others.
This is expected to support plans to scale the business’s tech infrastructure, launch more products and expand access in new markets across Africa to global investment platforms.
UUBO’s multi-disciplinary Nigerian transaction advisory team was led by private equity and M&A teams partner, Folake Elias-Adebowale, and included Lisa Esamah, Bond Eke-Opara, Tobechi Nwokocha, Aanuoluwapo Odunaike, Godson Iwuozo, Precious David, Faith Oseghale, Daniel Adedigba and Ayomide Soretire.
For more information about UUBO, its teams and our full service offerings, including in Private Equity & Venture Capital, M&A, FinTech and Capital Markets, please contact us at firstname.lastname@example.org.
UUBO’s Energy and Projects team have advised Geometric Power Limited in connection with (1) the US$50 million new debt funding provided by African Export and Import Bank (“Afrexim Bank”), (2) the debt restructuring of a facility of more than USD 500 million provided by three Nigerian lenders to Geometric Power Aba Limited (an affiliate of Geometric Power Limited), (3) the Aba Integrated Power Project (“Aba IPP”), and (4) the investment in the Aba Power Plant Project by equity investors who provided an aggregate amount of USD 19 million in new equity funding.
The Aba IPP is the most impactful and significant power sector project closing following the conclusion of the Azura transaction in 2015 and the power sector privatization in 2013. It is an integrated power island that has its own generation assets and its own distribution assets to serve a population of approximately 2 million people within 9 Local Government Areas in Abia State.
The transaction will lead to the creation of the 12th electricity distribution company in Nigeria and the establishment of a fully integrated utility by Geometric Group, having its own distribution network, an embedded generation facility and a dedicated 27-kilometre pipeline that will supply natural gas to the power plant. The BPE handed over the Aba IPP to Geometric today, Wednesday, 16th February 2022.
The UUBO team was led by Energy and Projects Partners Nicholas Okafor and Onyinye Okafor, with support from Amina Ibrahim (Managing Associate), Victor Samuel (Senior Associate), as well as Chisom Okolie, Maryam Salami, Uchechukwu Ajala, Oluwatobi Akintayo, Godson Iwuozo and Opeyemi Adeshina (Associates).
For more information about UUBO, its teams and our full-service offerings, including in Power, Projects and Infrastructure, please contact us at email@example.com.
Our transaction team was led by private equity partner, Folake Elias-Adebowale, with specialist input from #power and #finance team partners, Adeola Sunmola and Onyinye Okafor, and principal support from Tobechi Nwokocha, Godson Iwuozo and Aanu Odunaike.
For more information about UUBO’s #Private Equity, #M&A, #Energy, and other market-leading practice area offerings, please visit our website on www.uubo.org.