24 Nov 2025

Dentons Advises Karpowership on US$400 Million Syndicated Financing Led by The Mauritius Commercial Bank

"Global law firm Dentons advised Karpowership and its affiliate Sea World Energy Holdings Limited on a US$400 million syndicated facility led by The Mauritius Commercial Bank as sole mandated lead arranger and account bank, with participation from several leading financial institutions. The financing supports innovative floating power vessel financing to expand reliable power across Africa."

Dentons advised Karpowership and its affiliate Sea World Energy Holdings Limited on a US$400 million syndicated facility led by The Mauritius Commercial Bank as sole mandated lead arranger and account bank, with participation from several leading financial institutions. The facility was provided to Sea World Energy Holdings Limited, which consolidates Karpowership Group’s operations in Africa. The loan represents an innovative structure for floating power vessel financing and strengthens Karpowership’s capacity and flexibility to deliver fast, reliable power solutions and to expand energy access for millions across the continent. Karpowership is an international group offering pioneering 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. Dentons represented clients Karpowership and Sea World Energy Holdings Limited with a team composed by: Partner Tamsyn Mileham (international counsel), supported by associates in Istanbul.
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