The UUBO Banking and Finance Team is pleased to have advised Bboxx Energy Access Nigeria Limited (Bboxx) a market leader in off-grid energy in connection with the provision of credit facility by Nithio FI B.V. UUBO reviewed the loan and security agreements and advised Bboxx on the Nigerian-law related issues in the transaction.
The loan is provided to Bboxx to support its working capital requirements towards the procurement of equipment for alternative power installations and to enhance Bboxx continued growth in providing access to clean, affordable, and reliable Solar Home Systems in Nigeria.
The UUBO team was led by our Banking and Finance partner, Onyinye Okafor, and with principal support from our Banking and Finance Senior Associates Victor Samuel, and Pamela Onah, and our Banking and finance Associate, Love Olayemi.
For more on UUBO’s banking & finance practice and other practice areas, please contact us at uubo@uubo.org and visit uubo.org