Dentons advises Karpowership on a US$400 million financing led by Mauritius Commercial Bank

Global law firm Dentons has advised its long-term client Karpowership in respect of a US$400 million syndicated facility for its affiliate Sea World Energy Holdings Limited, led by The Mauritius Commercial Bank as the sole mandated lead arranger and account bank, with participation from several leading financial institutions.

Karpowership is an international group which offers pioneering, unique solutions for the energy transition.  It is the world’s largest owner, operator, and builder of floating power plants, generating power across four continents with over 8,000 MW of installed capacity. Sea World Energy Holdings Limited consolidates Karpowership Group’s operations in Africa.

This loan represents an innovative structure for floating power vessel financing and strengthens Karpowership’s capacity and flexibility to do what matters most: deliver fast, reliable power solutions and expand energy access for millions across the continent.

Dentons partner Tamsyn Mileham led the transaction as international counsel, together with associates in Istanbul.