GuarantCo’s Loan Facilities to Shams Power and IM Solar

In UK Eversheds Sutherland, advised on the matter.

Eversheds Sutherland advised GuarantCo Ltd. with a team including Mark Dennison (Picture – Energy & Infrastructures).

GuarantCo provided the financing of loan facilities to Shams Power and IM Solar for the roll-out of a rooftop solar across Pakistan. Senior debt was provided by Bank Alfalah.  The transaction is the first portfolio financing of rooftop solar projects at this scale in Pakistan.

The teams were led by Mark Dennison (Picture), Partner and Head of Infrastructure, London, and Sindhura Swaminathan, Partner and Head of Finance, Paris. They were  supported by Kate Shannon, Principal Associate, London,  and Louis-Jerome Laisney, Principal Associate, Paris.

Involved fees earner: Mark Dennison – Eversheds Sutherland; Kate Shannon – Eversheds Sutherland; Sindhura Swaminathan – Eversheds Sutherland;

Law Firms: Eversheds Sutherland;

Clients: GuarantCo Ltd.;

Author: Giulia Di Palma