Miranda Alliance advises MCA on €1.29 billion project in Angola

Miranda Alliance advises MCA on €1.29 billion project in Angola

Miranda and Fátima Freitas, members of the Miranda Alliance, advised M. Couto Alves, a major Portuguese group, on a transformative rural electrification project in Angola. The project, valued at €1.29 billion, involves the construction of 48 mini solar grids, with electricity storage in batteries, in rural villages. This strategic implementation of small-scale energy production units is expected to benefit approximately one million Angolan citizens, marking a significant stride towards infrastructural development and energy transition in the country.

Miranda’s team included Nuno Cabeçadas (Partner, Head of Projects), Renato Guerra de Almeida(Partner, Public Law), Lília Tomé de Azevedo (Partner, Tax Law), Susana Tenentinho (Senior Associate, Corporate and Commercial) and Inês Frutuoso de Melo (Principal Associate, Tax). Ana Sofia Roque led Fátima Freitas’ team working out of Luanda.

Speaking on the deal, Nuno Cabeçadas said “We are extremely proud to be part of this landmark project, which not only reflects our deep commitment to Angola but also signifies a major leap in the country’s energy transition. This project underscores our longstanding role as trusted advisors in energy and infrastructure projects in Angola. We are proud to contribute to these pivotal steps in the country’s energy landscape and look forward to aiding further developments in the future”.

Renato Guerra de Almeida added, “This deal is a testament to our team’s multidisciplinary expertise and dedication. The successful conclusion of this project serves as another proof of Miranda and Fátima Freitas capabilities in supporting renewable energy initiatives and contributing to sustainable infrastructural development in Angola.”