backKing & Spalding advised the sponsor consortium of EDF (Électricité de France), French multinational electric utility company, and Masdar, leading clean energy company, on their 25-year concession agreement for the Amaala multi-utilities infrastructure facility with Red Sea Global (RSG), the developer behind the world’s most ambitious regenerative tourism destinations.
Amaala will be powered entirely by solar energy, saving the equivalent of nearly half a million tons of CO2 emissions every year. The new facility consists of an optimized off-grid renewable energy system, which generates energy from photovoltaic technology, and a battery energy storage solution that enables 24/7 power, plus a desalination plant and wastewater treatment plant, both powered by renewables. This renewable supply system has enough generation capacity to power 10,0000 households for an entire year – up to 410,000 MWh per annum.
The contract was procured in the model of an independent public-private partnership (PPP), covering the design, construction and operation of the systems providing utilities, accompanied by the associated networks and infrastructure.
For further details about this giga project, please see Masdar’s press release here.
The King & Spalding deal team comprised 29 lawyers across eight offices, including Tim Burbury (AUH), Sam Muir (AUH), Salomé Cisnal de Ugarte (BRU), Dan Feldman (AUH), Martin Hunt (LON), Nikhil Markanday (LON), Jill McWhirter (HOU), Sarah Walker (LON), Ben Williams (DUB), Mohammad Al-Ammar (RIY), Aaron Lee (TKO), Oliver Swerdlow (LON), Saud Aldawsari (BRU), Jon Wang (TKO), Almiro Clere (AUH), Raphaël Fleischer (BRU), Ted Landray (LON), Michael Langan (LON), U-Glen Lim (SIN), Philip Rizk (AUH), Liam Petch (LON), Hani Zedan (LON), Eoin Coffey (AUH) and Nick Scott (LON).