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Holman Fenwick Willan advises COTCO on €75.3m Chad-Cameroon pipeline prefinancing

16 March 2012

Leading international law firm, Holman Fenwick Willan (HFW) has advised the Cameroon Oil Transportation Company (COTCO) in the €75.3m prefinancing for the development of the Chad-Cameroon pipeline to the Lom Pangar Hydro Power project.

The prefinancing, agreed by the government of the Republic of Cameroon, will enable COTCO, the operator of the pipeline, to complete modification work on several kilometres of pipeline, making it possible for the Cameroon government to build a dam reservoir at the confluence of the Lom and Pangar rivers.

COTCO was advised by the Paris office of Holman Fenwick Willan: Robert Follie, Partner; Nathalie Dowlatshahi, Associate and Morgane Uguen, Associate.

The government of Cameroon was advised by Orrick Rambaud Martel: Yves Lepage, Partner and Olivier Mélédo, assisted by Jérémie Bismuth and Tzvétomira Pacheva.

The lenders to COTCO, in a non-objection procedure, were represented by the London office of Clifford Chance: Jeremy Connick, Partner and Peter Horvath.