Spurred by the power crises in the last decade, Ghana quickly ramped up production capacity and currently has excess capacity. But the added capacity came at a relatively high cost. The government's response has been to renegotiate some identified power-purchase agreements (PPAs) and encourage renewable sources of energy, notably solar.
Dominic D. K. Quashigah is a Partner at Reindorf Chambers and has been in practice with the firm since 2010. He has been very active in the corporate and commercial, energy and mining, banking, tax and litigation practice of the firm. He has extensive experience in conducting due diligences and has done so on entities operating within various sectors including mining, insurance, banking, manufacturing and energy. He regularly advises clients on issues relating to their set up in Ghana and regulatory compliance
Experience has included advising:
- As a team member, an international mining company on its proposed equity and loan investment (of over USD200 million) through its local subsidiaries in two local mining companies
- As a team member, an international bank on its acquisition through a local bank of another bank in Ghana and the steps for the subsequent merger of the two local banks
- As a team member, two international insurance companies, each on its acquisition of a local insurance company
- As a team member, two foreign banks in a transaction involving the issuance of a letter of credit in the initial amount of USD500 million to finance the payment obligations of a State owned Petroleum Company owed to two international petroleum entities
- As a team member, an international finance entity on its USD22 million investment in a mining company for the development of its mine and mineral operations
- As a team member, a multinational energy company on its proposed equity investment in a local company at the early stages of developing a 200 MW solar farm in Ghana
- As a team member, an international energy company on a project involving the generation and sale of up to 107 MW of electricity to the Government of Ghana
- As a team member, a renewable energy company on its power purchase and connection agreements with a state-owned utility
- As a team member, an international commodities trader on the security and tax implications of its DES sale of petroleum products into Ghana
- As a member of a team, two major mining companies in Ghana on their development agreements with the Government of Ghana
Professional Qualifications
- Enrolled on the Roll of Lawyers to practise as a Solicitor and called to the Ghana Bar (2010)
Education
- Ghana School of Law, Professional Qualifying Certificate (2010)
- University of Ghana, LL.B. (2008)
- University of Ghana, BA (Political Science) (2005)
Memberships
- Ghana Bar Association