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Team – Cindy Oraro

Cindy Oraro

 
Partner | Kenya
 

PROFILE

A Partner at Oraro & Company Advocates’ commercial practice, Cindy specializes in energy, infrastructure, and projects. Over the last 9 years, she has advised local and international clients in various matters including energy, oil & gas, corporate restructuring, mergers & acquisitions, and mining.

She has been involved in notable corporate & commercial transactions including advising on the government-to-government collaboration between the Government of Kenya and China National Petroleum Corporation on a proposed USD 1.8 billion project to develop up to 350 MW of geothermal power.

In 2014, she was awarded a Commonwealth Professional Fellowship at the law firm of Hogan Lovells LLP in London, where she practiced with its project finance team. She was further awarded a Power Africa Fellowship in 2019 at the law firm of Shearman & Sterling LLP in New York, where she practiced with its project development and project finance teams.

Cindy holds a Master of Laws in Commercial Law from the University of Bristol, a Bachelor of Laws from Durham University, United Kingdom and a Post-graduate Diploma from the Kenya School of Law.

“Cindy has a keen interest in energy, particularly geothermal, oil & gas and solar.”

EXPERIENCE

 

Part of a team that advised the Government of Kenya on the financial and operational restructuring of Kenya Airways (KQ) including converting USD 2.3 Billion into equity and the legal implications of relinquishing its security.

Part of the team advising one of Kenya’s largest publicly listed sugar manufacturing companies on the restructuring of its debt by both local and international lenders.

• Part of a team that advised a consortium of special economic-zone operators in the manufacturing sector looking to establish a corporate presence in Kenya and advised on their regulatory compliance.

Advised on an energy project with design-build finance maintain and operate aspects where we acted for the owner of five (5) SPVS entitled to generating 40 MW of solar energy each in a transaction to sell the SPVs as well as all the rights and licenses required to generate such power, as well as transferring the land which is subject to the licenses.

Advised a client on the legal structure of its equipment leasing framework and reviewing its operating lease and instalment sale and full maintenance agreement.

Advised a multilateral development bank on the USD 30 million financing of a tertiary care multispecialty hospital.

Special Economic Zones Act

INSIGHTS

 

Finance Act, 2015: Key Changes Made to the Insurance Act (IA)

Full of Activity: A Review of Developments in Kenya’s Energy Sector (Q1-2016)

Further a Field: Proposed Changes in Kenya’s Natural Resource Laws

Kenya’s Energy Sector: 2015 Highlights

Lighting the Way: A Look at Kenya’s Growing Renewable Energy Sector

On the Rise: How REITs are Changing the Real Estate Landscape

On the Rise: How REITs are Changing the Real Estate Landscape The “Big” Deal About the Mining Bill: Key Highlights

Delving Deeper: A Closer Look at Local Content in Kenya’s Growing Mining Sector

Building a Strong “National” Foundation: Local Content in Kenya’s Construction Industry

On Matters Energy: A Review of Some Key Developments in Kenya’s Energy Sector (Q2-2016)

“More Power” to Investors: Kenya’s Promising Renewable Energy Market

New Tax Changes in the Finance Act, 2016

Money and Markets: Financial Changes Brought About by the Finance Act, 2016

On the Way: A Look at Kenya’s New Road Annuity Programme

EDUCATION /BAR MEMBERSHIP

  • Master of Laws in Commercial Law from the University of Bristol
  • Bachelor of Laws from Durham University
  • Post-graduate Diploma from the Kenya School of Law