Structuring large-scale infrastructure & PPP projects
Large-scale infrastructure development—spanning transportation, energy grids, and public assets—demands highly specialized legal packaging and risk management. Medina Law Associates & Co. provides elite representation for Public-Private Partnership (PPP) concessions, public procurement audits, and project financing transactions in Nigeria.
We act for project sponsors, financiers, and government bodies, drafting Concession Agreements, EPC contracts, Offtake agreements, and inter-creditor documents. Our deep understanding of ICRC and state public procurement agencies facilitates fast-track project approvals.
PPP & Concessions
We structure federal and state concession agreements (DBOT, BOT) under ICRC guidelines, handling public bidding, regulatory audits, and local content compliance.
Structured Debt & Risk
Our finance team coordinates security packages, direct agreements, escrow accounts, and risk-allocation matrixes to secure syndicate funding.
Our Core Capabilities
- Designing and structuring PPP Concession contracts.
- Drafting EPC, Offtake, and Power Purchase Agreements (PPAs).
- Inter-creditor coordination and security trust documentation.
- Advisory on Public Procurement Act regulations and compliance.
- Risk analysis and structured project risk-allocation modeling.
Frequently Asked Questions
Non-recourse project finance is a loan structure where the lenders are repaid solely from the project\'s revenues and cash flows, rather than the assets or guarantees of the project sponsors. The project\'s assets serve as the sole collateral.
A PPP concession is a contract where a government body grants a private consortium the right to design, build, finance, and operate public infrastructure (like highways, airports, or power grids) for a set period, recovering costs through tolls, tariffs, or user fees.
The Infrastructure Concession Regulatory Commission (ICRC) oversees and regulates federal PPP concessions, verifying that projects are structured transparently and conform to the ICRC Act.
Risks (such as construction delay, political risk, inflation, and market demand) are allocated to the party best suited to manage them, using contracts like Power Purchase Agreements (PPAs), EPC contracts, and political risk insurance.