Clifford Chance's project finance group is praised by clients for its 'in-depth' knowledge and, is well-placed to assist clients with the financing of high-profile domestic and international projects. The practice is jointly led by a group of eight practitioners, comprising Anthony Giustini, Nikolaï Eatwell, Delphine Siino Courtin, Richard Tomlinson, Milica Zatezalo-Falatar, Daniel Zerbib, David Préat, and Gauthier Martin. Corinne Duvnjak specialises in both development and finance transactions across the renewables space, while Courtin frequently advises lenders on solar projects in Chad, Burkina Faso, and Mozambique. Banking and finance expert Zerbib is well-versed in financing transactions concerning greenfield and brownfield projects, and Martin maintains a French public law focused practice, advising sponsors on biomass power plant and seaport projects.
Project finance in France
Clifford Chance
Responsables de la pratique:
Anthony Giustini; Nikolaï Eatwell; Delphine Siino Courtin; Richard Tomlinson; Milica Zatezalo-Falatar; Daniel Zerbib; David Préat; Gauthier Martin
Autres avocats clés:
Corinne Duvnjak
Les références
‘The team has in-depth knowledge of international and local markets and offer tailor-made advice on strategy, structure and content.’
‘Richard Tomlinson was always available on short notice, flexible and with excellent commercial understanding.’
‘Anthony Giustini is extremely solution-oriented being able to advise on complex issues on the spot to find acceptable solutions to the various needs of the negotiating parties.’
Principaux clients
African Development Bank
Asian Development Bank
Asian Infrastructure Investment Bank
DEG
EBRD
EIB
FMO
Japan International Cooperation Agency
IFC
Inter-American Development Bank
Inter-American Investment Corporation
MIGA
OeEB
OPIC
Proparco
The Emerging Africa Infrastructure Fund
The Korea Development Bank
Agence Française de Développement
Africa Finance Corporation
Emerging Africa Infrastructure Fund
FMO
OPEC Fund for International Development
Ethiopian Electric Power
Government of Namibia
French Ministry of Ecology, Sustainable Development and Energy
Ministry of Water Irrigation and Energy, Government of the Federal Democratic Republic of Ethiopia
Bpifrance
Euler Hermes
K-sure
SACE
UK Export Finance
BNP Paribas
CACIB
Natixis
Société Générale
Abu Dhabi Fund for Development
Barclays
HSBC
Macquarie
First Abu Dhabi Bank
Santander
Standard Chartered bank
Türkiye Garanti Bankasi A.Ş.
UniCredit
MUFG
Bouygues
Eiffage
ENGIE
Meridiam
Total
Vinci
CNPC
Globeleq
Mota Engil
Hydrogène de France
Principaux dossiers
- Advised a consortium of banks as finance parties for the 500 MW Zarafshan wind power project in Uzbekistan. Dutch Entrepreneurial Development Bank (FMO) acted as a parallel lender.
- Advised AFD as partial risk guarantor on their first political risk guarantees in respect of a solar project in Mozambique.
- Advised CGHV (Compagnie Générale d’Hydroélectricité de Volobé) on the structuration and implementation of the 120 MW HPP to be located on the site of Volobe Amont and on the negotiation of the project documentation.
Gide Loyrette Nouel A.A.R.P.I.
Rated by clients as ‘an essential reference on the French market’, Gide Loyrette Nouel A.A.R.P.I. regularly acts for public institutions, manufacturers, investment funds and lenders, and is known for its expertise in the structuring and financing of projects. The group is particularly adept at advising on projects across the construction, oil-and-gas, nuclear energy and logistics industries. The practice is jointly led by Marie Bouvet-Guiramand, John Crothers, Farah El-Bsat, Victor Grandguillaume, Laetitia Lemercier, Stéphane Vernay, and the ‘extremely competent and very responsive’ Thomas Courtel. Ex-practice co-head Nicolas Jean left the firm in June 2023.
Responsables de la pratique:
Marie Bouvet-Guiramand; Thomas Courtel; John Crothers; Farah El-Bsat; Victor Grandguillaume; Laetitia Lemercier; Stéphane Vernay
Les références
‘The Gide project finance team is an essential reference on the French market. It benefits from recognised expertise and stands out for its flawless support on particularly complex files. It can rely on the expertise of all the firm’s lawyers thus ensures perfect project management.’
‘Thomas Courtel is extremely competent and very responsive. His perfect knowledge of the sector and the different players allows him to be proactive and always find appropriate solutions. I have great confidence in Thomas.’
‘Marie Bouvet-Guiramand – expertise in project financing, good knowledge of commercial banks and development banks. Tax expertise and experience of Africa.’
Principaux clients
Equinix
Toulouse Football Club
Volvo
Region Grand Est
Cap Gemini
SNCF
Transdev
International Chamber of Commerce
Olympique Lyonnais Group
Viasat Inc.
Skylogic France
Carrefour
Société du canal de Provence
Rivage Investments
Comax
Colas
Hynamix
Energie de Strasbourg
Immo Mousquetaires
Uniper
Principaux dossiers
- Advised the lenders of Grand Est Mobilités on the drafting and negotiation of the contractual documentation enabling it to finance the acquisition and management of rolling stock owned by the Grand Est Region.
- Advised the Consortium formed by NGE Concessions, Transdev, Chamber of Commerce, and Industry for Oise Department on the tender for operating Paris-Beauvais Airport.
- Advised Vinci and Bouygues on all aspects of the tendering procedure for the sale or the renewal of the Stade de France concession, including assisting them with the financing of the project.
Linklaters
Distinguished by its ‘great ability to understand the expectations and issues faced by the client’, the team at Linklaters handles all aspects of project structuring and financing. Its expertise cover the gamut of sectors, and it has particular strength with regards transportation, renewables, and infrastructure projects. The group is led by Bertrand Andriani, who has vast knowledge of major infrastructure and energy project financings in France and Francophone Africa. Additional key figures include François April, Stephen Le Vesconte, Justin Faye, and the ‘particularly efficient’ Samuel Bordeleau. Darko Adamovic left the firm in July 2023.
Responsables de la pratique:
Bertrand Andriani
Autres avocats clés:
Justin Faye; Samuel Bordeleau; François April; Stephen Le Vesconte; Aymeric Voisin
Les références
‘The team demonstrates a great ability to understand the expectations and issues faced by the client.’
‘Justin Faye stands out for his availability, responsiveness and creativity. He is constantly looking for solutions to best safeguard the interests of clients.’
‘Very high availability. The team gives the feeling that we are being listened to. When we make a request, it is respected and the result is provided on time, even when the situation is sometimes complex.’
Principaux clients
Africa Finance Corporation
Boralex
Bpifrance
Ecobank Development Corporation
European Investment Bank
ENGIE Green France SASU
Fortescue Metals Group
Glencore Energy UK Limited
Green Investment Group Limited
GuarantCo
Helexia SA
International Finance Corporation
Meridiam SAS
Mirova
National Bank of Kuwait
Octopus Renewables Limited
Proparco
Q Energy
The Emerging Africa Infrastructure Fund
The Export-Import Bank of Korea
Valeco
Voltalia S.A.
Windvision Belgium NV
Yunneng Wind Power Company Ltd
Principaux dossiers
- Advised the Japan Bank for International Cooperation and a syndicate of 16 banks on all aspects of the limited-recourse financing of the 488 MW Iles d’Yeu et de Noirmoutier offshore wind farm.
- Advised Helexia as sponsor on all aspects of the limited-recourse refinancing of c.600 solar power plants and energy efficiency projects, including the structuring and implementation of a cross-border corporate restructuring carried out before the refinancing.
- Advised on a debt and equity rebaselining arising as a result of significant cost overruns during the construction of the 640MW Yunlin offshore wind farm in Taiwan.
White & Case LLP
The ‘expert’, ‘multidisciplinary’ team at White & Case LLP regularly assists clients with the financing of renewable and conventional energy, mining, transport, and social infrastructure projects. The team is known for its broad experience in the financing of major telecoms infrastructure projects and rolling stock. The practice is jointly led by public law and energy specialist Jean-Luc Champy and Amaury de Feydeau, who is noted for providing ‘quality advice’, and his ‘excellent knowledge’ of digital infrastructure players. Quirec de Kersauson is a key name within the practice.
Responsables de la pratique:
Amaury de Feydeau; Jean-Luc Champy
Autres avocats clés:
Quirec de Kersauson
Les références
‘Very high-level team, available and complete.’
‘Amaury de Feydeau is always attentive to the client’s expectations.’
‘A lot of proximity, and open-mindedness regarding the requests that we were able to make. The complexity of the proposed arrangements did not hinder the simplicity of communication.’
‘It is a real multidisciplinary team, with special mention to Amaury de Feydeau, Jean-Luc Champy and Quirec de Kersauson for their tenacity and perspective.’
‘Very good knowledge of the digital infrastructure sector. Complete expertise in all aspects of the financing and operations file.’
‘Amaury de Feydeau – excellent knowledge of digital infrastructure players, quality advice on all aspects of the transaction.’
‘Excellent technical skills, particularly with regard to concession/PPP type infrastructure projects involving a pronounced public law component. Great availability and responsiveness of the team.’
‘The team is expert and shows the ability to support projects that are both very complex and innovative. They are customer-oriented, greatly facilitating the negotiations that they lead with pragmatism, while defending the positions and interests of their clients.’
Principaux clients
Compagnie Ivoirienne d’Electricité
Eranove
Emerging Capital Partners
Eiffage
Iberdrora Renovables
Verso Energy
Vinci Concessions
Themis Energy
Bouygues Telecom
Altitude Infrastructure
Vauban Infrastructure Partners
DIF Capital Partners
Natixis
Société Générale
Caisse des dépôts et consignations
Fonds Gabonais d’Investissements Stratégiques
Katara Hospitality
Transdev
Coriance
Republic of Gabon
LCL
Société Eiffage de la Concession de l’Autoroute de l’Avenir
Neoen
CDPQ
GRTgaz
Principaux dossiers
- Assisted Altitude Group, a fibre network developer specialising in Public Initiative Networks, with its acquisition of infrastructure fund Quaero Capital’s stake in the two major fibre-to-the-home concessions of the Grand Est region.
- Assisted the potential lenders of the consortium composed of Acciona Agua, Green of Africa and Afriquia Gaz with the Casablanca Sea Water Desalination Project.
- Assisted Eiffage and Groupe Arcade-Vyv with a concession contract granted for outsourced management of a housing estate owned by the Ministry of Armed Forces for a total amount of more than €7bn.
Ashurst LLP
The ‘very dedicated and hardworking’ team at Ashurst LLP regularly assists commercial banks, project sponsors, infrastructure funds, and governments with the financing of energy, natural resources and infrastructure projects. The group advises clients on a range of domestic, and international projects based in the Middle East, Africa, and Asia. The practice is co-led by financing specialists Mark Barges and Tom Longmuir. Longmuir is known for his focus on transactions in frontier markets, while Barges has deep knowledge of both conventional and renewable energy projects. The ‘attentive and very dedicated‘ Samia Khennous and Cédric Gamambaye Dionmou, are key names of note.
Responsables de la pratique:
Mark Barges; Tom Longmuir
Autres avocats clés:
Samia Khennous; Cédric Gamambaye Dionmou
Les références
‘The team is proactive in providing advice and has solid experience in guarantees, development finance institutions, insurance and reinsurance. great availability and good follow-up.’
‘Tom Longmuir was very present and gave good advice throughout the transaction and particularly during the negotiation of the agreements. Samia Khennous took care of the daily work and was very attentive and very dedicated to our needs. ’
‘Ashurst’s team is very dedicated and hardworking, with a profound understanding of the transaction at hand.’
Principaux clients
J.P. Morgan
UK Export Finance
Citi
Crédit Agricole Corporate & Investment Bank
BNP Paribas
Natixis
Deutsche Bank
African Development Bank
MUFG Bank, Ltd.
Goldman Sachs
Standard Chartered Bank
Commerzbank Aktiengesellschaft
Banco Santander
ING Bank
Banque Centrale Populaire (Morocco)
La Banque Postale
Bpifrance
Attijariwafa Bank
Octopus Investments
Kasada Capital Management
Engie
Skyborn Renewables (formerly known as wpd Offshore)
Managem
Société Générale
ARISE Integrated Industrial Platforms
EIB
Chariot Oil & Gas
NSIA Banque Bénin
Banque Internationale pour l’Industrie et le Commerce
Banque Ouest Africaine de Développement
Vinci
BGFI Bank Bénin
GuarantCo
Principaux dossiers
- Acted for Citi and UK Export Finance on a UKEF-guaranteed reconstruction facility to Ukraine to finance the reconstruction of six bridges around Kyiv which were damaged or destroyed by the Russian military.
- Acted for BNP Paribas and Credit Agricole Corporate & Investment Bank on combined €2.3bn Hermes and SACE-backed facilities for the development of Project Green Line, Egypt’s first high-speed rail network.
- Advised lenders Bpifrance, LPB and LBP AM on the non-recourse financing to Helexia through its subsidiary Concordia SA for a portfolio of 583 solar PV and energy efficiency projects located in eight European countries.
De Pardieu Brocas Maffei
The group at De Pardieu Brocas Maffei is active on PPP transactions and renewable energy project financings, routinely assisting private sector clients, including credit institutions, and investment fund sponsors. The team handles a broad range of mandates involving the management of tender procedures, preparation of bids, and the drafting of contracts and financing documents. Jean-Renaud Cazali heads the practice, and is noted for his deep expertise in financing matters, while Antoine Payen is known for his deep expertise in the telecoms, infrastructure, and energy segments.
Autres avocats clés:
Antoine Payen
Les références
‘Antoine Payen has demonstrated in various files his proactivity and his ability to defend the interests of lenders.’
DLA Piper
DLA Piper maintains its strong track record for handling mandates concerning the development and structuring of projects, and project contracts and financing for its broad client base of lenders, and borrowers. The team’s workload concerns a wide variety of projects, including social and transport infrastructure, in addition to wind, hydroelectric, solar, and geothermal energy. The team is jointly led by project finance specialists Eric Villateau and Jérôme Pentecoste, who both have notable expertise in public-private partnerships (PPP).
Responsables de la pratique:
Eric Villateau; Jérôme Pentecoste
Principaux clients
Caisse des Dépôts et Consignations
Idex
Glennmont Partners
Omnes Capital
Mirova (now Vauban Infrastructure)
Proparco
Urbaser Environnement
French Ministry of transports
Crédit Industriel et Commercial
Covage
Société Générale
Conquest Asset Management
3i Group
Engie
Bouygues Construction
Dalkia
Département de la Meuse
Eiffage Concessions
Altitude Infrastructure
NGE
Herbert Smith Freehills LLP
Herbert Smith Freehills LLP‘s group is well-equipped to handle the financing, structuring, and development of projects across an array of sectors, including renewable energy and power, oil-and-gas, natural resources, transport, and telecoms. Leveraging its international network, the team handles projects in France, Africa, Asia, and Latin America. Co-leading the team, Michaël Armandou assists a broad client base of industrial sponsors, lenders, and institutional investors, while Régis Oréal‘s primary area of focus is the financing of renewables projects. Ex-practice co-head Eric Fiszelson departed in November 2022.
Responsables de la pratique:
Michaël Armandou; Régis Oréal
Principaux clients
Agence Française de Développement
Akuo Energy
Albioma
Bank of Tokyo-Mitsubishi
BNP Paribas Group
BPCE
Natixis Group
Bpifrance
Caisse des dépôts et consignations
Crédit Agricole Group
DIF Infrastructure
ENGIE
Indonesia Eximbank
International Finance Corporation
La Banque Postale
Marguerite Adviser
Marubeni
Meridiam Infrastructure Partners
Neoen
Norddeutsche Landesbank Girozentrale
Proparco
Puerto Bahia Colombia de Uraba, Puerto Antioquia Holding, and Fideicomiso Puerto Antioquia
Samsung Life Insurance
Société Générale
Orrick
Orrick's practice regularly advises domestic and international clients on the financing of projects undertaken in France, Francophone Africa, and Latin America. The team’s broad expertise extends from projects involving renewable power generation plants – namely wind, hydro, and solar – to railways, highway concessions, airports, ports, and social infrastructure. The team is directed by Christophe Lefort, who specialises in the construction and financing of major energy and infrastructure projects. Yves Lepage majors on the financing of PPP, infrastructure, and power generation projects. Carine Mou Si Yan left the firm in December 2023.
Responsables de la pratique:
Christophe Lefort
Principaux clients
Africa50
AMP
Ardian
Bouygues Construction
Colas
EGIS
ENEO
Eramet
Eranove Group
Fayat
Gridworks
Groupe ADP
IGY
Société Générale
Total Eren
Vinci Airports
Vinci Concessions
Voltalia
Principaux dossiers
- Advised the consortium formed by FAYAT, RAZEL-BEC (FAYAT Group) and Egis in connection with a public-private partnership contract for the construction and operation of 14 toll stations on Cameroon’s main road axes.
- Advised several lenders of the consortium in the bidding process for the A412 motorway concession launched by the Ministère de la Transition Ecologique.
- Advised Total Eren and Visolar on the project financing of the Villarpando 100 Mwac solar PV plant in the Dominican Republic.
Willkie Farr & Gallagher LLP
The project finance team at Willkie Farr & Gallagher LLP regularly assists clients with issues regarding greenfield and brownfield project acquisitions and project development and financing transactions. The group is known for its vast knowledge of energy, power, telecoms, natural resources and infrastructure projects. Practice head Amir Jahanguiri specialises in the development and financing of public and social infrastructure projects, including highways, airports, and hospitals. Antoine Bouzanquet‘s primary areas of expertise are financing mandates within the telecoms, transport and energy sectors.
Responsables de la pratique:
Amir Jahanguiri
Autres avocats clés:
Antoine Bouzanquet
Principaux clients
Ardian
Bouygues
BW Ideol
CMA CGM
EDF Renewables
Eiffage
iCON Infrastructure
Meridiam
Nareva
Republic of Djibouti
Ronesans
Vinci
Voltalia
Principaux dossiers
- Advised Rönesans and Meridiam on the acquisition of 51% of the shares in Gaziantep Hastane Saǧlik Hizmetlei İşletme Yatirim, and on the restructuring and refinancing Gaziantep Hastane Saǧlik Hizmetleri İşletme Yatirim’ s debt.
- Assisted CMA CGM and iCON Infrastructure with the refinancing of GMP, the concessionaire of the Port of Le Havre and the financing of future expansion capex (two additional berths), general corporate needs and working capital.
- Advised Voltalis, the selected bidder in the context of the AOE 2023 tender, where RTE allowed for the project to be financed on a non-recourse basis.
A&O Shearman
The practice at A&O Shearman is well-placed to advise on a wide variety of project financing mandates across the oil-and-gas, mining, transportation, renewables, and infrastructure sectors. The practice is headed by Lachlan Poustie, who specialises in assisting development sponsors, commercial lenders, and export credit agencies on the financing of infrastructure and energy projects. Kate Buchanan primarily assists financiers with renewable energy projects.
Responsables de la pratique:
Lachlan Poustie
Autres avocats clés:
Kate Buchanan
Principaux clients
International Finance Corporation
BPIFrance
European Investment Bank
Asian Development Bank
European Bank of Reconstruction and Development
Asian Infrastructure Investment Bank
Principaux dossiers
- Advised IFC on the €100m financing of OCP for the development of four solar photovoltaic power generation plants in Morocco.
- Advised IFC and Proparco on the acquisition financing for Uni Confort Maroc Dolidol SA, including assets in Nigeria.
A&O Shearman
A&O Shearman's ‘highly professional and highly technical’ group handles a broad range of infrastructure and renewable energy mandates, and is noted for its deep transactional, and contentious expertise. The team regularly acts for a varied client list of banks, credit agencies, construction companies, and government bodies. Driss Bererhi steers the practice and is supported by public law expert Romaric Lazerges; energy specialist Alexandre Ancel; and Adrian Mellor, who is adept at handling financing mandates. Amine Bourabiat and Tzvetomira Pacheva are key contacts within the practice.
Responsables de la pratique:
Driss Bererhi
Autres avocats clés:
Romaric Lazerges; Alexandre Ancel; Adrian Mellor; Amine Bourabiat; Tzvetomira Pacheva
Les références
‘Amine Bourabiat’s team – highly professional and highly technical.’
‘Amine Bourabiat is an excellent professional, management of deliverables, quality of advice, pragmatism in finding solutions and defending our interests as lenders.’
Principaux clients
Altitude Infrastructure
Bpifrance
Bolloré Group
Deme Group
Infravia Capital Partners
Vinci
Phoenix Towers International
African Development Bank
Altitude Infrastructure
BMCE
Bolloré Group
Canada Pension Plan Investment Board
DIF Infrastructure
Domo Chemicals
Engie
IFC
Infravia
Natixis
Omnes Capital
Predica
Principaux dossiers
- Advised Les Eoliennes en Mer/ENGIE on the EUR 5.3bn financing of offshore wind farm projects in, Iles d’Yeu, Noirmoutier, Dieppe and Tréport for a total capacity of 1 GW.
- Advised Bolloré on its divestment of 100% of Bolloré Africa Logistics, comprising all the transport and logistics activities of the Bolloré Group in Africa, to MSC Mediterranean Shipping Company SA.
- Advised Natixis and Santander on the refinancing and additional acquisition and capex financing of Phoenix Tower International and Bouygues Telecom’s telecom towers joint venture in France.
Asafo & Co.
The team at Asafo & Co. is known for its expertise in project finance and development mandates on the African continent. The group is frequently instructed by governments, sponsors and investors seeking support with renewable energy and infrastructure projects, as well as those relating to the mining and petrochemicals sectors. The practice is jointly led by transactional specialists Simon Ratledge and Pascal Agboyibor, who co-founded the firm.
Responsables de la pratique:
Simon Ratledge; Pascal Agboyibor
Les références
‘The quality of service went beyond expectations, with care and consistency in follow-up that never ceased to amaze me.’
Principaux clients
African Development Bank
Opec Fund for International Development
Arab Bank for Economic Development in Africa
West African Development Bank
European Investment Bank
Danmarks Eksportkredit
European Bank for Reconstruction and Development
Government of the Democratic Republic of Congo
West Africa LNG
Lion’s Head (now Cygnum Capital Group)
Principaux dossiers
- Advised AfDB, BADEA, BOAD and OPEC Fund on the financing of the 130 MW heavy fuel oil power plant developed in Malicounda (Senegal) by Melec Power Gen, Africa 50 and Senelec.
- Advised EIB, EKF and EBRD as senior lenders on financing aspects of the equity restructuring of a 55 MW wind farm located in Sainshand, Mongolia.
- Advised West Africa LNG on the development of a liquefied natural gas import terminal and the associated distribution network in the Republic of Guinea.
Cleary Gottlieb Steen & Hamilton
Cleary Gottlieb Steen & Hamilton's practice handles an array of domestic and international project financings across a range of industries, namely mining, renewables, oil-and-gas, and wastewater. Sovereign and state-owned companies, development finance institutions and foreign governments routinely feature on the group’s client roster. The ‘brilliant, responsive’ Barthélemy Faye leads the team, specialising in the financing and acquisition of energy and natural resources projects across the African continent.
Responsables de la pratique:
Barthélemy Faye
Les références
‘Very competent, diligent, available. Proven knowledge in different sectors of activity, notably infrastructure development.’
‘Barthélémy Faye is very brilliant, responsive and has always provided us with quality documents and gotten out of the most complicated situations. In short, he provides very good advice and is always very diligent.’
Principaux clients
Institut Pasteur de Dakar
Gemini Global Development Holding SARL
Petrosen
The Republic of Senegal
Principaux dossiers
- Advised Institut Pasteur de Dakar in Senegal on the development and financing of a large-scale manufacturing facility for the production of vaccines against COVID-19 and other endemic diseases.
Mayer Brown
The team at Mayer Brown is well-placed to assist lenders, sponsors and governments with the financing, development and management of international projects. The group exhibits broad expertise in the oil-and-gas, natural resources, renewables, and infrastructure sectors. The practice is co-led by Alban Dorin, who is particularly experienced in mining and infrastructure projects in Africa. Alongside Dorin, practice co-head and project finance specialist Olivier Mélédo advises on a range of projects based in both France and Africa. Elise Baha is noted for her deep knowledge of structured finance mandates.
Responsables de la pratique:
Alban Dorin; Olivier Mélédo
Autres avocats clés:
Elise Baha
Les références
‘Excellent – the team’s knowledge of the environment in which the client operates, diligence in processing files and above all availability at all times.’
‘Alban Dorin and Elise Baha: always available and attentive. Knowledge of the field of activity and the environment for the implementation of discussion and negotiation strategies. In-depth knowledge of local laws and regulations (finance and mining) to better advise English-speaking customers.’
‘This team demonstrated all-round capabilities and knowledge of investment in African countries. They demonstrated expertise in the written law and conveyed advice promptly, clearly and concisely. It is the level of service I would expect from a top tier firm.’
‘Alban Dorin stood out for providing clear, comprehensive and commercial advice on an African commodities investment. His team was also very capable.’
Principaux clients
Africa Finance Corporation
Africa Legal Support Facility
Caterpillar Financial Services
Coris Bank International
En/Power
Générale du Solaire
Karadeniz Holding
Millennium Challenge Corporation
QatarEnergy
Storengy
ENGIE
The Government of the Islamic Republic of Mauritania
The Government of the Republic of Benin
The Government of the Republic of Gabon
The Government of the Republic of The Gambia
The West African Power Pool
Total EREN
Principaux dossiers
- Advised the Government of Gabon on a PPP toll road project (The Transgabonaise) developed by Société Autoroutière du Gabon, an affiliate to French infra fund Meridiam.
- Advised Africa Finance Corporation on its additional financing and investment in Nouvelle Gabon Mining, a company holding major manganese concessions in Gabon, and related infrastructure issues.
- Advised an international bidder on a potential acquisition of Carlyle backed Assala Gabon, the holder of several oil & gas properties offshore Gabon.
Dentons
The team at Dentons regularly acts for a diverse range of clients, including contractors, investment funds, and public authorities. The firm is noted for its expertise in renewable energy, infrastructure, and public transport projects. Practice co-head Marc Fornacciari specialises in PPP mandates, while Jean-Marc Allix's primary areas of expertise are domestic and cross-border financings for public facilities and energy projects.
Responsables de la pratique:
Jean-Marc Allix; Marc Fornacciari
Les références
‘Proactive team that knows how to find consensus with partners.’
‘Jean-Marc Allix stands out for his great expertise in financing contracts and negotiation.’
‘Competent, precise and constructive team.’
Principaux clients
French State
Agence Française de Développement
BNP Paribas
Caisse des Dépôts et Consignations
EGIS
Hello Paris
La Banque Postale
Meridiam
Société Générale
Principaux dossiers
- Advised a consortium controlled by EGIS and Caisse des Dépôts et Consignations on the award of the concession of Tahiti Faa airport.
- Advised Hello Paris, operator of the future CDG Express railway line, on the consequences of the delay in the construction of the infrastructure.
- Advised Caisse des Dépôts et Consignations on several projects, including the financing, construction and maintenance of a photovoltaic farm located in the Département du Gard.
Hogan Lovells (Paris) LLP
The practice at Hogan Lovells (Paris) LLP is known for handling the financing and development of infrastructure projects, with particular focus on projects across the Africa. The team acts for a varied client list of contractors, sponsors, and lenders in mandates concerning transport, infrastructure and renewables projects. The practice is co-headed by acquisition, project and structured finance specialist Olivier Fille-Lambie, and with Bruno Cantier, who handles PPP mandates in Francophone African Regions.
Responsables de la pratique:
Bruno Cantier; Olivier Fille-Lambie
Autres avocats clés:
Alexandre Salem
Les références
‘The Hogan Lovells team has great expertise and experience in the financing of infrastructure projects. I give a lot of credit to the team’s continuous efforts in supporting their clients and achieving their goals. A hard-working and dedicated team with an impressive track record and experience. ’
‘Olivier Fille-Lambie: his experience and deep understanding of Africa is a fantastic combination for clients.’
‘Alexandre Salem: his dedication and hard-working behaviour is everything a client wants to see in their legal counsel. He is a talent to watch and I am sure he will grow into a great lawyer under the supervision of Olivier.’
Principaux clients
Albioma
China Baowu Steel Group
bpifrance
Caisse d’Épargne Grand Est Europe
CIP
DIPF Djermaya Holdings
EDF
Engie
Meridiam
Themis Energy
Principaux dossiers
- Advised Themis Energy on the construction and operation of a 44MW hydroelectric power plant in Côte d’Ivoire.
- Advised the African Export-Import Bank (Afreximbank) and the Bank for Red Sea Trade and Industry (BCIMR) as lenders in connection with the establishment of a $155m facility in favour of Great Horn Investment Holding to finance a series of development projects in the Damerjog Industrial Development Free Zone in Djibouti.
- Advising Denham Capital (through DIPF Djermaya Holdings) on the acquisition of the project company in charge of the 34 MW Djermaya solar power plant alongside InfraCo Africa.
Jones Day
Jones Day's practice is well-versed in matters involving the financing of infrastructure, renewable energy, waste, and transportation projects. The group is jointly led by energy and infrastructure project specialist Rémy Fekete; Nicolas Brice, who has broad expertise in concession contracts, and infrastructure and utilities-related PPPs; regulatory expert Philippe Delelis; and Florent Bouyer, who is known for his expertise in capital markets transactions. Sophie Chevallier left the team for an in-house position in October 2023, while Carine Mou Si Yan joined the practice in December 2023 from Orrick.
Responsables de la pratique:
Sophie Chevallier; Nicolas Brice; Rémy Fekete; Philippe Delelis; Florent Bouyer
Principaux clients
Agence des Participations de L’Etat
Caisse des Dépôts et Consignations
Djibouti Telecom
Fluence Water Israël
International Finance Corporation
The Government of Ethiopia
Mauto Holdco DMCC
Ministry of Mining and Energy in the Republic of Togo
Ministry of Urban Planning and Ministry of Economy and Finance in the Republic of Togo
Presidency of the Republic of Togo
TDF Fibre
The Ministry of Primary, Secondary, Technical Education and Crafts in the Republic of Togo
Meridiam
Togolese Agency for Rural Electrification and Renewable Energies
TotalEnergies
Principaux dossiers
- Assisted the Caisse des Dépôts et Consignations with its €16m co-investment with Sipartech in Fiberspirit.
- Advised Electricité de Strasbourg on the creation and the financing of a joint venture with Eramet, a French player in the mining and metallurgy industries.
- Assisted Fluence with the negotiation of an Addendum to an EPC contract that concluded with the Ministry of Hydraulics, which consists of the design and construction of a $200m water treatment plant.
Norton Rose Fulbright
Regularly acting for financial institutions and investment funds, Norton Rose Fulbright assists clients with the full gamut of matters involving the financing, transfer and acquisition of projects. Since publication, Anne Lapierre, Arnaud Bélisaire and Simon Cudennec left the firm.
Principaux clients
Total Energies
African Development Bank
BpiFrance
Auxifip
Africa Finance Corporation
FMO
The Emerging Africa Infrastructure Fund Limited
The OPEC fund for international development
Treis Partners Advisory Limited
MASEN
Principaux dossiers
- Assisted Masen with all phases of the tender for the development and operation of a 200MWac photovoltaic power plant combined with a battery energy storage system to be built in Midelt, Morocco.
- Advised the lenders on the €174.3m senior financing of a hydro power project in Côte d’Ivoire, arranged by the African Development Bank.
- Assisted Bpifrance with financing for the construction of a wind farm in France named Kernebet developed by TTR Energy and held indirectly by Hexagon Renewable Energy.
Pinsent Masons LLP
The project finance offering at Pinsent Masons LLP assists clients with a broad range of projects across the renewable energy, nuclear, and oil-and-gas, and transport infrastructure sectors. The group has vast experience in assisting clients with projects based in France and Francophone Africa, and has extensive contentious capabilities. Eran Chvika heads up the team and has broad expertise in the structuring, development, and financing of energy projects.
Responsables de la pratique:
Eran Chvika
Principaux clients
Monaco Energies Renouvelables
GreenYellow
Energiter
International Finance Corporation
Norddeutsche Landesbank
Photosol
Neoen
Société Generale
La Banque Postale
WPD
Valeco
Crédit Agricole Corporate & Investment Bank
Principaux dossiers
- Advised Monaco Energies Renouvelables on the refinancing by Société Générale and Unifergie of a portfolio of 12 photovoltaic power plants with a total capacity of approximately 100 MW.
- Advised NTR on the acquisition from SAMFI INVEST of a French SPV owning a six-turbine onshore wind project, under construction, with a total capacity of approximately 15MW.
- Advised International Finance Corporation, an international organisation hosted by the World Bank, on a partnership put in place via a risk sharing agreement entered into between IFC and the fully digital bank, Orange Bank Africa.