A first of kind and a ground breaking project in many respects, the 117MW Tafila wind farm in Jordan was the start of the journey for Lux Nova.
The founding partners, Tom, Louisa and Sandy worked together closely over a number of years on every legal aspect of the project: from power purchase, construction, O&M, equity investment to project finance. It was during journeys back and forth to Jordan that some “blue sky” thinking was done and where the idea of a boutique and dedicated renewable law firm was formed. Learn more about our journey here.
Tafila Wind Farm was the first wind farm to reach operation in Jordan, in September 2014 (and was inaugurated by King Abdullaj II in December 2015). It was one of the first and largest windfarms in the Middle East when it started generating. A truly global project, it was equity financed by a consortium of Inframed Infrastructure, Masdar and EP Global Energy and debt financed by a consortium of funders including the International Finance Corporation and the European Investment Bank for the sum of $221 million debt.
We negotiated the power off-take, grid connection and Government support agreements developing a template PPA which was subsequently used on the roll out of projects across the country (including the Shamsuna solar farm) and formed templates for PPAs in other countries within the region. We also negotiated a full turnkey integrated Design Build Operate & Maintain contract with Vestas, the construction, operation and management contractor who supplied the Vestas V112-3MW turbines and completed the full suite of project finance documentation with the consortium of primary lenders.
As a dedicated team throughout project development, we worked closely with the project developer to deliver this seminal project and continue to advise through various contract variations and equity sales, an example of joining and continuing with the client on their journey, one of the most rewarding types of projects!