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Conyers Dill & Pearman advised Citadel Capital, a listed Egyptian private equity firm, on the Egyptian Refining Company (Takrir)’s US$ 3.7 billion green field refinery to be constructed in Mostorod in the Greater Cairo Area. The financing, which closed 14 June 2012, is the largest-ever project finance transactions in Africa and among the largest ever inward-investments into Egypt.
Audrey Robertson and Cora Miller of Conyers’ British Virgin Islands office advised Citadel Capital in association with lawyers from
Shearman & Sterling LLP and Mayer Brown. Citadel Capital is the leading private equity firm in Africa and the Middle East.