Topic: Private to Private Offtake Agreements : Key Issues for Consideration
Off-take agreements are typically long-term purchase and sale contracts in which a credit-worthy purchaser agrees to buy the output of a facility on specific terms over a defined period. The last 10 years have seen the African Power Sector embarking on a number of projects using Offtake Arrangements with the African Government and Public Sector Agencies, via Power Purchase Agreements backed by Sovereign Guarantees and Security Instruments.
Most Governments in Africa are now highly leveraged and can no longer sustain the increasing number of offtake obligations. Hence we see a logical move toward Private-to-Private Offtake Agreements which can apply to Natural Resource Extraction Projects and Infrastructure Projects.
In this Brickstone InfraWebinar Session, our Guest Speaker would give us insights into industry best practices in implementing Private-to-Private Offtake Agreements in Infrastructure projects in Africa.
Guest Speaker:Rory Connor | Partner, Infrastructure Projects & Energy, Addleshaw Goddard
Guest Speaker Profile
Rory Connor is a Partner at Addleshaw Goddard and specialises in project development and finance in the energy sector, both in the UK and globally. He advises energy companies, developers, funds and financial institutions on all project development matters including construction and project finance, as well as project investments, acquisitions and disposals. His sector expertise includes oil & gas, conventional power, hydropower, nuclear and renewables.
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