Aksa Enerji Secures USD 150 Million for African Expansion
Deal News | Jul 02, 2025 | CEE Legal Matters
White & Case's Turkish affiliate, GKC Partners, has advised Aksa Enerji in securing a USD 150 million facility from the Africa Finance Corporation (AFC) to further its natural gas power plant initiatives in Africa. Norton Rose Fulbright and Turkish affiliate Pekin Bayar Mizrahi supported AFC's side of the transaction. This financing aligns with Aksa Enerji's strategy to expand its generation portfolio in Africa, emphasizing sustainable development and energy infrastructure enhancement. Key legal representatives from the firms included top management and associates, working across locations like London and Istanbul.
Sectors
- Energy
- Legal Services
- Finance
Geography
- Africa – The financing is aimed at supporting energy projects across the African region.
- Turkey – Aksa Enerji, the target company, is based in Turkey, and Turkish legal firms were involved in the transaction.
- United Kingdom – Norton Rose Fulbright, involved in the transaction, has a significant presence in the UK with key team members based in London.
Industry
- Energy – The article focuses on Aksa Enerji's investment in natural gas power plants, a key segment within the energy sector.
- Legal Services – The article discusses the involvement of legal advisors from firms like GKC Partners and Norton Rose Fulbright in securing financing.
- Finance – Africa Finance Corporation's role in providing financial support highlights the finance sector's involvement.
Financials
- USD 150 million – The financing amount secured by Aksa Enerji from the Africa Finance Corporation to support its African projects.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aksa Enerji | Target Company | Company | A Turkish energy company expanding its operations through investment in African energy projects. |
| Africa Finance Corporation (AFC) | Funding Provider | Company | An African financial institution providing funding for development and investment in sustainable projects. |
| GKC Partners | Legal Advisor | Company | White & Case's Turkish affiliate providing legal advisory services to Aksa Enerji. |
| Norton Rose Fulbright | Legal Advisor | Company | International law firm advising the Africa Finance Corporation in the transaction. |
| Pekin Bayar Mizrahi | Legal Advisor | Company | Turkish affiliate of Norton Rose Fulbright supporting the legal advisory process. |
| Guniz Gokce | Managing Partner | Person | Managing Partner at GKC Partners. |
| Jessica Melville | Partner | Person | Partner at Norton Rose Fulbright based in London. |
| Utku Unver | Partner | Person | Partner at Pekin Bayar Mizrahi. |