Firm Profile > Trinity International LLP > London, England

Trinity International LLP
DASHWOOD HOUSE
69 OLD BROAD STREET
LONDON
EC2M 1QS
England

Emerging markets Tier 3

Trinity International LLP is a niche law firm that specialises in advising on corporate and finance transactions in emerging markets. It acts for European, African and North American banks and development finance Institutions in project finance, acquisition finance, corporate finance and financial institution lending. Its track record includes landmark, first-in market transactions in more than 30 emerging market jurisdictions. The firm's primary focus is on Africa, though it has steadily expanded its scope to encompass deals in Latin America, Central Asia and Eastern Europe. The firm is now heavily involved in  IPPs in Eastern Europe, having closed three IPPs in Ukraine in 2018. Senior partner Paul Biggs, who is active in the energy, power, electricity, ports, airports and general infrastructure sectors, and key partner Simon Norris, who has advised on more than 100 deals in Africa, are among many of the firm's emerging markets specialists.

Practice head(s):

Paul Biggs; Patrick Leece; Simon Norris; Kaushik Ray; Conrad Marais

Key clients

Africa Finance Corporation

African Development Bank

KfW Group

Globeleq

Meridiam

DEG – Deutsche Investitions- und Entwicklungsgesellschaft

CDC Group PLC

Rand Merchant Bank

Scatec Solar ASA

Standard Bank of South Africa Limited

Infrastructure (including PFI and PPP) Tier 3

Niche law firm Trinity International LLP has a strong focus on emerging markets, in particular on Africa. It is regularly instructed by developers, financial institutions and governments to advise on financing, transactional, commercial, and construction-related matters. As the firm is exclusively focused on the projects market, the team can showcase an impressive breadth of sector expertise, ranging from airports and roads to telecoms and renewables. Simon Norris can provide clients with comprehensive knowledge in a variety of industries and areas. Paul Biggs is well versed in airport/ port and power mandates, while Jennifer Gladstone specialises in project, construction and finance documentation. Other key contacts are Patrick LeeceFiona Gulliford and Kaushik Ray.

Practice head(s):

Paul Biggs

Testimonials

The Trinity team has a unique set of complementary skills, practical views, and a real understanding of its clients’ underlying businesses. Whether it be project finance, M&A, shareholder matters or other, Trinity has the capability to provide top notch advice.’

The breadth of experience that the team can draw on within the UK and across the continent gives them unparalleled familiarity with what is bankable. Trinity’s lawyers propose pragmatic solutions, fitting for the context.’

Simon Norris is singled out for his excellent commercial understanding and pragmatic approach.’

Paul Biggs has the best-of-breed expertise and a real understanding of the African project finance landscape.’

Kaushik Ray is noted for his ‘commercial acumen and ability to solve complex problem; he also has a tireless work ethic and excellent project management skills.

Patrick Leece and Luke Muchamore offer support and assistance at all hours as required. Both have gone over and above what has been received from competitors.’

Jennifer Gladstone is a wonder. She has a superhuman ability to deliver at the highest standards for days on end and is also very astute in reading her counterparties and negotiating the best position for her clients.

Power (including electricity, nuclear and renewables) Tier 3

Trinity International LLP is a niche law firm with a defined focus on projects, finance, corporate and commercial transactions in emerging markets. Paul Biggs spearheads the London-based group, which recently advised African power developer Globeleq on the financial close of the Malindi Solar photovoltaic solar project in Kenya. In 2018 the firm also advised the Government of Seychelles and the Seychelles Energy Commission on structuring, procurement and negotiations for an innovative floating solar energy project.

Practice head(s):

Paul Biggs

Other key lawyers:

Kaushik Ray; Simon Norris; Jennifer Gladstone; Fiona Guildford

Ghana > Foreign firms Tier 2

Trinity International LLP's team has an excellent record of advising clients on a number of the most significant energy and infrastructure projects in Africa, particularly in Ghana. It handles corporate deals, as well as acquisition finance and project finance transactions, among other matters. Paul Biggs and Patrick Leece are currently advising project company Upwind Ayitepa on the development of the first major wind farm in Ghana. Kaushik Ray is noted for his expertise in the construction, gas supply and financing aspects of Ghana-focused projects.

Practice head(s):

Paul Biggs; Patrick Leece; Kaushik Ray

Testimonials

‘Trinity offers a one stop shop approach to projects being under development in Africa. They are strong on legal, technical and financial issues. The Team is experienced and can definitely be described as problem solvers as their ability to find creative solutions is outstanding.’

‘They are all very competent, solution driven and have the experience covering all aspects of project funding in developing countries. Down to earth mentality and capacity to deliver on time and at cost.’

Key clients

Cenpower Generation Company Limited

Amandi Energy Limited

AquaVenture Holdings Limited

African Plantations for Sustainable Development Ghana Ltd

Upwind Ayitepa Limited

Mozambique > Foreign law firms Tier 3

Noted for its 'incredible track record in the energy sector', Trinity International LLP operates in a number of African countries, including Mozambique, from its London office. Founding partner Simon Norris draws on over 20 years of experience advising on power projects in Africa. Senior partner Paul Biggs and energy and infrastructure expert Jennifer Gladstone are also names to note.

Practice head(s):

Paul Biggs

Testimonials

Trinity International has an extremely competent and great team to work with, and they have established an incredible track record in the energy sector.

I have been particularly impressed with the knowledge, ethics and work-rate of Simon Norris, Lucy Johnson and Nicolas Boittin.

Key clients

CESOM Central Solar de Mocuba S.A.

Standard Bank of South Africa

This niche projects, finance, corporate and commercial law firm focuses on power, and infrastructure projects. Trinity focuses its operations in emerging markets with special expertise in Africa across all areas of business as well as experience in the Middle East, Europe, Latin America and Asia.

The firm: Founded in 2006, Trinity International provides clients with senior lawyers with a depth of relevant experience, for every transaction. The practice competes successfully with the largest and best firms in the market in its areas of expertise, supported by the previous experience of its lawyers in City or international law firms.

The practice offers an innovative approach to providing legal advice and the structuring of its fee arrangements. This flexibility encourages an approach that is not focused on hourly rates. For example, Trinity is able to share transaction risk alongside its clients.

Prominent clients include Standard Bank of South Africa, Rand Merchant Bank, African Development Bank, DEG, Proparco, FMO, Africa Finance Corporation, Globeleq, Copperbelt Energy Corporation, Azura Power, Endeavor Energy, ENGIE, Voltalia, Scatec Solar and AP Moller Capital.

The firm opened an office in Washington DC in November 2018, headed by Tom Eldert. The Paris office was joined by Marianna Sedefian as a partner, further expanding the firm’s francophone practice.

Types of work undertaken: The practice advises clients on the development and financing of projects within various sectors, including power, clean and renewable energy, off-grid energy solutions, oil and gas, infrastructure and transport, mining and natural resources, chemicals and manufacturing, telecoms and construction. Trinity is experienced in providing tailor-made solutions to a challenging range of issues including regulatory, construction, financing and development matters.

Trinity also has experience in the complete spectrum of financing arrangements including corporate, financial institutions, trade and commodities, leverage, project and mining finance, for a range of clients from commercial banks to development finance institutions and export credit agencies, as well as advising sponsors and developers on project and finance documents. Though currently acting on transactions with an aggregate capital value of over $25bn, the firm’s flexibility enables it to act on a spectrum of transactions ranging from a few million dollars to billions. The average size of its transactions is around $700m.

Examples of recent project finance transactions led by the firm include: advising the sponsors to the 40MW Solar Mocuba IPP, advising the sponsors to both the Corbetti and Tulu Moye 520MW geothermal IPPs in Ethiopia, advising the sponsors to the Malindi solar project in Kenya, a virtual gas company in Nigeria, an LNG-fired power plant in Mozambique, the lenders to the Chania wind project in Kenya, advising sponsors on various solar projects in Uganda, Mali, Ghana, Nigeria, Burundi and Zambia and advising the developer of a floating dry dock to be located within Takoradi Port in Ghana. In addition, the firm has recently closed four solar IPPs for a developer in Ukraine, and represented a lender to the 250MW Syvash Wind Park in Ukraine. In addition, the firm are currently advising a healthcare PPP project in Kazakhstan and have advised in respect of the 2018 round of renewable energy projects in Kazakhstan.

The corporate and commercial team provides a wide range of advice, including shareholder and joint venture arrangements, asset, share and company disposals and acquisitions, buy-outs, growth and development capital transactions, corporate restructuring and reorganisations, fund formation and fund investment, corporate structuring and formation, privatisations and private equity deals. Trinity assists in company incorporation, consenting, licensing and permitting, property matters, employee relations, joint development agreements and conducting preliminary assessments of investment opportunities.

Department Name Email Telephone
Senior partner Paul Biggs
Photo Name Position Profile
Ms Rinku Bhadoria  photo Ms Rinku Bhadoria
 Paul Biggs  photo Paul Biggs
Miss Fiona Gulliford  photo Miss Fiona Gulliford
Mr Conrad Marias  photo Mr Conrad Marias
Mr Luke Muchamore  photo Mr Luke Muchamore
 Simon Norris photo Simon Norris
 Kaushik Ray  photo Kaushik Ray
Number of UK partners : 8
Number of other UK fee-earners : 15