Lauded for its ‘great knowledge of project financing’, the team at Clifford Chance routinely advises on the financing of energy and infrastructure projects in France and overseas. Chloé Desreumaux, Nikolaï Eatwell, Anthony Giustini, Gauthier Martin, Delphine Siino Courtin, Richard Tomlinson, Milica Zatezalo-Falatar, David Préat and Daniel Zerbib share leadership of the practice. Additional key contacts include Corinne Duvnjak, who handles project development and finance transactions across Europe and Africa, and ‘exceptional lawyer’ Sohini Kar-Purkayastha, who garners client praise for her ‘pragmatic approach, technical expertise and solution-oriented mindset’. A recent mandate of note saw the group advise on the financing of the refurbishment of the Lobito Railway Corridor in Angola.
Project finance in France
Clifford Chance
Responsables de la pratique:
Chloé Desreumaux; Nikolaï Eatwell; Anthony Giustini; Gauthier Martin; Delphine Siino Courtin; Richard Tomlinson; Milica Zatezalo-Falatar; David Préat; Daniel Zerbib
Autres avocats clés:
Corinne Duvnjak; Maïlys Attiogbé; Sohini Kar-Purkayastha
Les références
‘The team is made up of extremely good lawyers from a technical perspective and are also pleasant to engage with.’
‘Delphine Siino Courtin and Corinne Duvnjak and fantastic associate, Maïlys Attiogbé – the team was fully engaged and able to get a complex and first of its kind in the jurisdiction transaction closed within extremely tight timelines. The team’s availability, responsiveness and transaction management were seamless. I was thoroughly impressed with the team and would highly recommend them. They were also a pleasure to work with.’
‘The team is very knowledgeable in project finance transactions and is involved in complex structures and jurisdictions. The team is always very available, they put the clients as a priority and manage difficult negotiations, to find the best compromises. They are solution-oriented and are able to foresee potential issues ahead of time.’
Principaux clients
African Development Bank (ADB)
Asian Development Bank
Asian Infrastructure Investment Bank (AIIB)
DEG
EBRD
EIB
FMO
Japan International Cooperation Agency (JICA)
IFC
Inter-American Development Bank
Inter-American Investment Corporation
MIGA
OeEB
OPIC
Proparco
The Emerging Africa Infrastructure Fund (EAIF)
The Korea Development Bank
Agence Française de Développement (AFD)
Africa Finance Corporation
Emerging Africa Infrastructure Fund
FMO
OEEB
OFID
Ethiopian Electric Power
Government of Ethiopia
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
CDC
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
EDF
Eiffage
ENGIE
Meridiam
Total
Vinci
OCP
CNPC
Globeleq
Mota Engil
Hydrogène de France
Principaux dossiers
- Advised a group of export credit agencies and lenders on the €4.4bn project financing of Automotive Cells Company’s portfolio of gigafactories across France, Italy and Germany.
- Advised the African Development Bank and the International Finance Corporation on the financing of a greenfield solar photovoltaic plant with a total capacity of 100-megawatt to be located in El Metbassta, 150 km south of Tunis.
- Advised the Government of Namibia on the first green hydrogen/ammonia value chain project in the country.
Gide Loyrette Nouel A.A.R.P.I.
The 'available and responsive' team at Gide Loyrette Nouel A.A.R.P.I. is routinely called upon by lenders, arrangers, underwriters, borrowers and multilateral institutions seeking assistance with the financing of projects. Additional areas of expertise include advising on industrial, construction, and PPP projects in France, Europe and overseas. Recent mandates of note have seen the group advise on the financing of international airports, mining facilities, renewables projects and railways. Leadership of the group, which is also lauded for its 'excellent regulatory practice' and 'good teamwork’, is shared between Marie Bouvet-Guiramand, Laetitia Lemercier, Farah El-Bsat, Stéphane Vernay, Victor Grandguillaume, and 'good negotiator' Alexis Pailleret.
Responsables de la pratique:
Marie Bouvet-Guiramand; Laetitia Lemercier; Farah El-Bsat; Stéphane Vernay; Alexis Pailleret; Victor Grandguillaume
Les références
‘Available and responsive team. Knows how to adapt to situations and changes.’
‘Experts with good track record in renewable assets financing, excellent regulatory practice, good teamwork.’
‘Alexis Pailleret – focused on renewables M&A, very insightful, commercially minded, good negotiator.’
Principaux clients
Suez International
Kayros
AMEA Power
Naval Group
Meridiam
World Bank and International Finance Corporation – IFC
MSC
Glencore Xstrata
InfraCo Africa
Inter-American Development Bank
Trinidad and Tobago
Principaux dossiers
- Advised a consortium throughout the bidding process to operate the Paris-Beauvais Airport.
- Advised on the structuring of a partnership for geothermal lithium extraction project in France.
- Advised Dalkia-Eiffage-RATP Solutions Ville on participating in a tender for a new District Heating concession project in Paris.
Linklaters
The ‘highly qualified, dynamic, innovative’ team at Linklaters is a strong choice for project structuring and financing work alike. Core areas of expertise include transportation, oil and gas, renewables and telecoms financings. Bertrand Andriani steers the group; his broad practice takes in project finance, insolvency and corporate restructuring. Also noted are François April, who focuses on the energy, infrastructure and mining sectors; Stephen Le Vesconte, who deals with project development, financing and M&A; Africa group lead Justin Faye; and ‘high-flying team leader’ Samuel Bordeleau, who specialises in the development and financing of energy and infrastructure projects in France and abroad.
Responsables de la pratique:
Bertrand Andriani
Autres avocats clés:
Samuel Bordeleau; Justin Faye; Nathanaël Caillard; Stephen Le Vesconte; François April
Les références
‘Highly qualified, dynamic, innovative team. Passionate about concrete industrial issues and challenges. Driving force for finding pragmatic, balanced, intelligent solutions.’
‘Samuel Bordeleau is a high-flying team leader. Competent, creative, close to his files.’
‘The team is very professional and creative. They know how to defend the lenders’ positions and find innovative solutions when there is a sticking point.’
Principaux dossiers
- Advised ACC on a debt financing in the automobile sector, securing €4.4bn in loan facilities to finance the development of three EV battery gigafactories in Europe.
- Advised Rio Tinto in relation to the Simandou iron ore mining project in Guinea – a $15bn deal involving development of the largest high-grade iron ore mine in the world, including associated large scale multi-user rail and port infrastructure.
- Advised a club of 28 commercial lenders, plus the European Investment Bank, on all aspects of the €2.95bn limited recourse refinancing of the Fécamp offshore wind farm.
White & Case LLP
The ‘very complete and competent’ team at White & Case LLP is frequently called upon by investors, lenders, developers, operators and public entities seeking assistance with the financing of domestic and international projects. Core areas of expertise include renewables, oil and gas, telecoms, transportation and social infrastructure. Leadership of the practice is shared between Amaury de Feydeau, who is particular experienced in telecoms infrastructure financing; and Jean-Luc Champy, who handles public law, project development and PPP. Quirec de Kersauson, who specialises in public contractual issues, and the project finance-focused Tsveta Pencheva are also noted. François-Guilhem Vaissier left the firm in March 2024.
Responsables de la pratique:
Amaury de Feydeau; Jean-Luc Champy
Autres avocats clés:
Quirec de Kersauson; Tsveta Pencheva
Les références
‘Amaury de Feydeau: experience, overview, strength of proposal to find compromises and obtain them from opposing parties. Tsveta Pencheva: experience, responsiveness, strength of work and negotiation.’
‘Very complete and competent team, precise knowledge of the context and the market. Available and efficient.’
‘Good understanding of commercial and strategic issues beyond the contractual and financial context. Very good knowledge of history and benchmarks.’
A&O Shearman
A&O Shearman houses a project finance group that garners client praise as 'truly multidisciplinary' and offering 'a complete range of all types of financing'. The team has substantial sectoral expertise with regards to oil-and-gas, mining, transportation, and infrastructure. Leadership of the practice is shared between the 'commercial and efficient' Driss Bererhi, Romaric Lazerges (public law and regulatory matters) and Alexandre Ancel (energy matters). Lachlan Poustie and the 'committed, available, pro-business' Amine Bourabiat are additional key contacts.
Responsables de la pratique:
Driss Bererhi; Romaric Lazerges; Alexandre Ancel
Autres avocats clés:
Amine Bourabiat
Les références
‘Amine Bourabiat’s team is very efficient. Amine and his colleagues are very efficient, technically good, well-versed in market practices in structured finance and project finance and ultra-available. It is diversified in terms of profiles. It is an excellent team on the market.’
‘Amine Bourabiat. He gets to the point, does not waste time of clients or counterparties. He is constructive in proposing solutions. He is a hard worker.’
‘Team with good knowledge of the infrastructure market, particularly in the telecoms sector. They are very responsive, involved at all levels and help find solutions whenever necessary in the best interests of all stakeholders. It is very easy to discuss complex issues with them due to the quality of the people and their experience.’
Principaux clients
Aéroport de Lyon (held by Vinci Concession)
EIB
Bolloré
BPIfrance Assurance Export
SMBC
Electra
Infravia Capital Partners
Omnes Capital
SOFIAC
IFT (JV held by IfraVia Capital Partners and Iliad)
Molgas Energy Holding (held by InfraVia Capital Partners)
Ashurst LLP
The 'very solid' team at Ashurst LLP is frequently called upon by commercial banks, multilateral financial institutions, project sponsors, infrastructure funds, corporates and governments seeking assistance with energy and infrastructure project financing mandates, both domestically and internationally. Leadership is shared between Mark Barges and 'excellent dealmaker' Tom Longmuir, both of whom are well-versed in the financing and development of transportation, oil-and-gas and renewables projects. Cédric Gamambaye Dionmou and Samia Khennous are additional key contacts.
Responsables de la pratique:
Mark Barges; Tom Longmuir
Autres avocats clés:
Samia Khennous; Cédric Gamambaye Dionmou
Les références
‘The team is very solid and a trusted adviser. I would like to recommend Tom Longmuir in particular for his strong negotiation skills and being an excellent dealmaker.’
‘Very solid team with a lot of experience, which has an extremely good command of all subjects. Mark Barges is recommended.’
Principaux clients
Asian Infrastructure Investment Bank
Africa Finance Corporation
UBS AG
Bank of China Ltd
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 (fka wpd Offshore)
Managem
Société Générale
ARISE Integrated Industrial Platforms (IIP)
EIB
Chariot Oil & Gas
AFD
NSIA Banque Bénin
Banque Internationale pour l’Industrie et le Commerce (BIIC)
Banque Ouest Africaine de Développement (BOAD)
Vinci
BGFI Bank Bénin
GuarantCo
Principaux dossiers
- Advised African Development Bank on €533m ESG facilities to the Republic of Côte d’Ivoire subject to a partial credit guarantee financing.
- Advised a consortium of banks on the €1.8bn refinancing of existing capital structure of Idex owned by Antin Infrastructures Partners.
- Advised the lenders on a €770m multi-sourced financing for the conversion of Shotton Mill Limited into a containerboard and tissue paper manufacturer.
De Pardieu Brocas Maffei
The practice group at De Pardieu Brocas Maffei regularly assists industry clients, investors and lenders alike with PPPs and energy project financings. Particular areas of expertise include electronic communications, transport, renewables and urban services projects. Jean-Renaud Cazali steers the team and specialises in project development and financing. Antoine Payen is an additional key contact and draws on experience advising on the financings of waste treatments plants, thermal power plants and telecoms projects. A recent highlight saw the team advise Neoen on the setting up of an RCF loan for the construction of photovoltaic power plants.
Responsables de la pratique:
Jean-Renaud Cazali
Principaux clients
Caisse Des Depôts Et Consignations (Cdc)
Fonds De Modernisation Ecologique Des Transports (Fmet)
Pefersco
Vinci Construction
Seche Environnement
Bpce
Paprec Group
Demeter For Infra
Albioma
Veolia
Boralex
Neoen
Cic
Dalkia
Eiffel Investment Group
Ielo-Liazo Group
Sata Group
Solarhona Finance
Principaux dossiers
- Advised a group of lenders on the due diligence aspects and the financing of the Solarhona project.
- Advised the lenders on the due diligence aspects and the refinancing of the concession contract entered into by ELM for the public service of production and distribution of heating and cooling for the city of Lyon.
- Advised the mandated lead arrangers and the lenders in connection with the financing of the investments required for the conversion to biomass and for the extension of the lifecycle of the ALM-2 plant owned and operated by Albioma Le Moule.
DLA Piper
The practice group at DLA Piper is well-versed in advising sponsors, investors, corporations, financial institutions and regulatory bodies on the financing and development of renewables, oil-and-gas, waste-to-energy, social infrastructure and transport projects. Leadership is shared between infrastructure PPP specialist Eric Villateau; and Jérôme Pentecoste, who has particular experience in renewable financings. Recent months have seen the team advise on the financing of energy recovery facilities for waste management in the Toulouse metropolitan area; and the financing of a photovoltaic energy storage station in Nouvelle-Calédonie.
Responsables de la pratique:
Eric Villateau; Jérôme Pentecoste
Principaux clients
Association française des producteurs de géothermie
AVZ Minerals
Caisse des Dépôts et Consignations
Omnes Capital
CEIDF (BPCE / Natixis group)
Maurel & Prom
Proparco
Amundi Transition Energétique
Société Générale
Vauban Infrastructure
Vermilion REP
RTE
Principaux dossiers
- Advised Caisse des dépôts et consignations as mezzanine lender on the project financing of the design, development and construction of a battery manufacturing plant, located in Douai, France.
- Advised Hy24 Partners in connection with its mixed equity and debt investment through its funds Clean H2 Infra Fund in the French company HysetCo.
Gibson Dunn
July 2023 saw Gibson Dunn welcome a team of project finance lawyers from Linklaters. The group, which is lauded for its 'rigorous professionalism' and 'extensive sector expertise', is well-placed to advise sponsors, lenders, multilateral institutions and governments on the financing of projects in the electric mobility, renewables, digital infrastructure and transportation sectors. Darko Adamovic steers the practice and specialises in the financing of domestic and international projects, as well as M&A transactions in the infrastructure and energy sectors.
Responsables de la pratique:
Darko Adamovic
Autres avocats clés:
Romain Marchand; Youssef Berrada
Les références
‘The team’s unique features lie in its rigorous professionalism, its extensive sector expertise and its ability to build lasting relationships of trust with its clients. The team stands out for its personalized and proactive approach, making a point of understanding the specific issues of each case, while proposing pragmatic and adapted solutions. The diversity of talents within the team, both in terms of technical skills and cultural experiences, is a major asset, which strengthens their ability to meet the needs of a varied and international clientele.’
‘Innovation and flexibility are important markers of the firm. The team has been able to modernize its working methods, in particular with the use of advanced technological tools for case management, invoicing and communication with clients, which facilitates smooth and effective collaboration. Darko Adamovic, Romain Marchand and Youssef Berrada are recommended.’
‘Availability and responsiveness, competence, dealmakers.’
Principaux clients
Asterion Industrial Partners
InfraVia Capital Partners
Swish
Altitude
Electra
PowerDot
Eiffage
NGE Concessions
Herbert Smith Freehills LLP
The team at Herbert Smith Freehills LLP is routinely instructed by lenders, sponsors and borrowers for its experience advising on project structuring and financing. Particular areas of expertise include renewable energy and power, oil-and-gas, mining, transport infrastructure and telecoms projects. Leadership of the team is shared between Michaël Armandou and Régis Oréal. Armandou draws on notable experience advising on energy and infrastructure financings in Europe and Latin America, while Oréal is highly specialised in the financing of renewable energy projects.
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 (Indonesia Export and Import Bank)
International Finance Corporation (IFC)
La Banque Postale
Marguerite Adviser
Marubeni
Meridiam Infrastructure Partners
Neoen
Norddeutsche Landesbank Girozentrale (Nord/LB)
Proparco (French DFI)
Puerto Bahia Colombia de Uraba, Puerto Antioquia Holding, and Fideicomiso Puerto Antioquia
Samsung Life Insurance
Société Générale
Principaux dossiers
- Assisted GravitHy with the development and financing of its first green iron plant, at Fos-sur-Mer in France, which will produce and utilize low-carbon and renewable hydrogen to manufacture decarbonized Direct Reduced Iron (DRI) for the manufacture of decarbonized steel.
- Assisted Renault with its strategic partnership with Verkor to develop, build and operate a 16 GW gigafactory in Dunkirk.
- Assisted AKUO Energy (French Independent Power Projects) with a Portuguese project financing for the construction and developments of solar plants in Portugal.
Orrick
Lauded as a ‘team with diverse and complementary skills’, the group at Orrick is well-placed to handle domestic and international project finance mandates involving the generation of renewable energies and infrastructure development. Christophe Lefort steers the practice and specialises in advising public and private operators, government bodies, contractors and financial institutions on financings. The ‘business-oriented’ Yves Lepage focuses on PPPs and the financing of power generation projects. Carine Mou Si Yan left the firm in December 2023.
Responsables de la pratique:
Christophe Lefort
Autres avocats clés:
Geoffroy Berthon; Yves Lepage; Foucaud Jaulin; Paul Loisel
Les références
‘Excellent working experience, outstanding partners involved.’
‘Professional behaviour in every sense.’
‘The team has been further strengthened with the arrival of Christophe Lefort and now constitutes one of the finest teams in the field of infrastructure project financing.’
‘Christophe Lefort, Geoffroy Berthon, Yves Lepage form a dream team for their clients.’
‘Paul Loisel – good understanding of the digital infrastructure market.’
‘Very good knowledge of Africa. Very business oriented. Proposal of operational solutions. Team with diverse and complementary skills. Very good level of support.’
‘Yves Lepage: extensive experience and very business-oriented. Foucaud Jaulin: very good legal mastery of concession contracts, construction contracts and shareholder agreements.’
Principaux clients
Africa50
Alliages et Territoires
Allianz Global Investors
Altawest
Altitude Infrastructure
Antin
Ardian
Azienda Trasporti Milanesi
Boralex
Bouygues Construction
Caisse Des Dépôts et Consignations
Crédit Agricole
Colas
DIF Capital Partners
EGIS
Engie
EOS Holding
Eurofiber
E-Pango
Fayat
French Government – Ministère de la Transition énergétique
Heuliez Bus
Icade Promotion
IGY (Island Global Yachting)
Iveco
Microsoft
Neoen
Morrison
Romande Energie
Saur
Société française du tunnel routier du Fréjus (SFTRF)
Société Générale
Voltalia
3i
Principaux dossiers
- Advised the French government on the award of a commercial floating offshore wind farm remuneration supplement contract.
- Advising a consortium on the construction, development, refurbishment, maintenance and operation of Beauvais-Tillé regional airport.
- Advised Société Française du Tunnel Routier du Fréjus in connection with the refinancing of its financial indebtedness.
Willkie Farr & Gallagher LLP
Lauded as ‘very hardworking, hands-on’ and ‘responsive’, the project finance team at Willkie Farr & Gallagher LLP is well-placed to assist governments, sponsors, contractors and lenders with project development and financing transactions involving the energy, power, telecoms, natural resources and infrastructure sectors. Amir Jahanguiri, who is lauded for his ‘deep and broad experience’, steers the practice and specialises in the private and public infrastructure projects. Also noted is the ‘very responsive and always attentive’ Antoine Bouzanquet, who is active on financings involving energy transition, telecoms and transportation infrastructure.
Responsables de la pratique:
Amir Jahanguiri
Autres avocats clés:
Antoine Bouzanquet; Farrah Bandomi Mombongo
Les références
‘Antoine Bouzanquet demonstrated exceptional qualities and work skills. He was able to demonstrate enlightened pragmatism to conclude transactions while always keeping a close eye on the client’s needs. I often recommend Antoine when our clients ask us which lawyer they should choose.’
‘Very in-depth knowledge of the sector from a technical, corporate and human perspective. Very good ability to adapt to the file and to commit to the client.’
‘Antoine Bouzanquet is very competent and provides very good advice in terms of legal techniques, and he combines human qualities with a genuine interest in business and the substance of an operation.’
Principaux clients
Meridiam
CMA CGM
iCON Infrastructure
Bouygues Construction
Bouygues Telecom
Altitude
EDF Renouvelables
Eiffage
BW Ideol
Dalkia
Voltalia
RATP Solutions Ville
BNP Paribas
Banque Postale
Qair
Caisse des Dépôts et des Consignations
Consortium Stade de France
Telepass
Principaux dossiers
- Assisted Dakar Mobilité and its shareholders with the negotiation of a concession agreement and finance documents.
- Advised RNS PPP Altyapı Ticaret and Meridiam as sponsors in the context of the Nakkaş-Başakşehir section of the Northern Marmara motorway in Turkey.
- Advised Voltalia on the financing of its portfolios of renewable projects in France and in the UK.
Asafo & Co.
Asafo & Co. is well-placed to advise on project finance and development mandates across the African continent that take in mining, oil-and-gas, power, renewables and infrastructure projects. Foreign governments, sponsors and investors routinely feature on the group's client roster. Simon Ratledge steers the practice and assists major development banks, commercial lenders and sponsor groups with a variety of financings. Managing partner and co-founder Pascal Agboyibor is an additional key contact and draws on extensive experience in financings relating to energy, infrastructure, mining and agriculture.
Responsables de la pratique:
Simon Ratledge
Autres avocats clés:
Pascal Agboyibor
Principaux clients
West Africa LNG
African Development Bank
Globeleq
West African Development Bank (BOAD)
Opec Fund for International Development
Arab Bank for Economic Development in Africa (BADEA)
European Investment Bank (EIB)
European Bank for Reconstruction and Development (EBRD)
Principaux dossiers
- 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
The practice at Cleary Gottlieb Steen & Hamilton is known for its experience handling domestic and international project financings involving the infrastructure, mining, oil-and-gas and renewables segments. Mining and power companies and sovereign and state-owned companies regularly look to the group for support. Practice lead Barthélemy Faye specialises in the financing and development of energy and natural resources projects across Africa. A recent mandate of note saw the team advise the Institut Pasteur de Dakar on the development and financing of a large-scale manufacturing facility for the vaccines in Senegal.
Responsables de la pratique:
Barthélemy Faye
Principaux clients
Institut Pasteur de Dakar
The Republic of Senegal
Petrosen Trading & Services
The Republic of Côte d’Ivoire
Port of Cotonou
AIBD
SEN-TER
Hogan Lovells (Paris) LLP
The 'innovative' practice group at Hogan Lovells (Paris) LLP is well-placed to handle the financing and development of energy and infrastructure projects on behalf of sponsors, lenders and contractors alike. The team is co-led by energy and transport infrastructure project finance specialist Bruno Cantier and Olivier Fille-Lambie, who primarily advises French commercial banks and domestic and multilateral development institutions on financing mandates. A recent matter of note saw the team advise the African Export-Import Bank on the signing of a €200m credit facility agreement in favour of the Republic of Cameroon.
Responsables de la pratique:
Bruno Cantier; Olivier Fille-Lambie
Autres avocats clés:
Marie-Michèle Banzio
Les références
‘The team stands out above all for the quality of its work and its great availability. I also appreciate their flexibility in terms of invoicing.’
‘Bruno Cantier has a perfect knowledge of public law subjects; Olivier Fille-Lambie is very experienced in financing subjects; Marie-Michèle Banzio is an excellent lawyer who does remarkable support work.’
‘The team is innovative.’
Principaux clients
Emerging Africa Infrastructure Fund Limited
Standard Chartered Group
African Export-Import Bank
Themis Energy
Bpifrance
Verkor
Proparco
Meridiam
Themis Energy
Engie
Baowu (China Baowu Steel Group)
Themis Energy
Credit Agricole
TDF SAS
Société Générale
Africa Finance Corporation
Principaux dossiers
- Advised a group of lenders on a €300m senior secured credit facility for the development of Aéroport International Blaise Diagne, the main Senegalese international airport.
- Advised Proparco and Emerging Africa Infrastructure Fund on the financing of Dakar’s future 100% electric BRT bus network, operated by Dakar Mobilité.
- Advised Themis Energy on the construction and the operation of a 44MW hydro power plant in Côte d’Ivoire, from the development to the financial closing including the negotiation of the project documents.
Jones Day
'Pragmatism, responsiveness, competence' are the calling cards of the group at Jones Day, which handles the financing and development of their domestic and international involving the transportation infrastructure and renewables segments. Leadership is shared between Nicolas Brice and Rémy Fekete, as well as new arrivals Carine Mou Si Yan and François-Guilhem Vaissier. Mou Si Yan joined the practice in December 2023 from Orrick, while Vaissier joined from White & Case LLP in March 2024.
Responsables de la pratique:
Carine Mou Si Yan; Nicolas J. Brice; François-Guilhem Vaissier; Rémy Fekete
Autres avocats clés:
Diana Harapu; Matthieu Tugler; Emma France; Frédéric Gros
Les références
‘The strengths and assets of the Jones Day team include: pragmatism, responsiveness, competence. The team is innovative and flexible in terms of different modes of collaboration, communication and collaboration technologies, and diversity.’
‘Diana Harapu, Matthieu Tugler, Emma France, Carine Mou Si Yan and François-Guilhem Vaissier – they are all very competent and attentive to their clients.’
‘Availability, competence, attention to detail.’
‘Unparalleled experience of the team on our financing subjects. Extremely responsive; always able to find/propose solutions to problems.’
‘Nicolas Brice: extreme responsiveness and availability. Frédéric Gros: experience and solution orientation.’
Principaux clients
Atinkou
Caisse des Dépôts et Consignations
Cap Vert Energie (CVE)
Eiffage
Eranove
Waga Energy
Principaux dossiers
- Represented Caisse des Dépôt et Consignations in its participation in the public auction bid launched by Région Grand Est to finance investments in order to renew, upgrade and operate the fleet of the regional express trains (TER).
- Represented Waga Energy in an inaugural €100m corporate syndicated loan with a consortium of 5 banking groups.
- Represented Atinkou and its shareholder Eranove in the structuring and financing for a total amount of €404m.
Mayer Brown
Mayer Brown's capabilities take in the range of financing and development transactions, acting on behalf of lenders, sponsors and governments. The team has particular experience advising on mining, oil-and-gas and renewables projects in the African continent. Practice co-head Alban Dorin, who specialises in advising banks, investment funds, sponsors and corporations on international asset and project finance transactions, garners client praise for his 'very effective collaboration'; Olivier Mélédo also co-leads and handles a similarly wide range of financing mandates. Elise Baha is an additional key contact.
Responsables de la pratique:
Alban Dorin; Olivier Mélédo
Autres avocats clés:
Elise Baha
Les références
‘Very effective collaboration – Alban Dorin.’
Principaux clients
Africa Finance Corporation
Africa Legal Support Facility
Caterpillar Financial Services
Coris Bank International
EcobankDevelopment Corporation
En/Power
Générale du Solaire
Karadeniz Holding
Millennium Challenge Corporation
Société Mauritanienne des Hydrocarbures et de Patrimoine Minier (SMHPM)
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 (WAPP)
Total EREN
Vaalco Energy Inc.
Principaux dossiers
- Advised Coris Bank International on the financing to gold mining company West African Resources Limited for the development of the Kiaka Gold Project in Burkina Faso.
- Advised Ecobank Development Corporation and a pool of lenders and local banks on the financing of the Lafigué mine in Ivory Coast for the Endeavour Mining group.
- Advised En/power RDC (EPDRC) on the development and financing of a high-voltage line between the Zambian border and the mining center of Katanga.
Dentons
Noted for its ‘responsiveness, knowledge of the sector, quality of advice' and 'availability', the team at Dentons has experience acting on PPPs, private finance initiatives and concessions in the transport, utilities and energy sectors. The practice is co-led by domestic and international PPP specialists Jean-Marc Allix and Marc Fornacciari, the latter of whom is noted for his 'very extensive knowledge of the sector'.
Responsables de la pratique:
Jean-Marc Allix; Marc Fornacciari
Les références
‘Professional and competent team’.
‘Responsiveness, knowledge of the sector, quality of advice, availability.’
‘Marc Fornacciari: very extensive knowledge of the sector.’
Principaux clients
EGIS & Caisse des Dépôts et Consignations (CDC)
Hello Paris
Agence Française de Développement (AFD)
Caisse des Dépôts et Consignations (CDC)
Ministère de la Transition écologique
Cordiant Capital
NGE
Caisse des Dépôts et Consignations (CDC)/Voltalia
Caisse des Dépôts et Consignations (CDC)/NGE Concessions/Caisse d’Epargne du Var
Caisse des Dépôts et Consignations (CDC)/SUEZ
FrenchState
European Bank for Reconstruction and Development (EBRD)
Principaux dossiers
- Advised a consortium controlled by EGIS and Caisse des Dépôts et Consignations on the financing of the Félix-Eboué’s airport concession in French Guyana.
- Advised Agence Française de Développement (AFD) on the implementation of a contingent loan of €100m over 15 years to GuarantCo to fund climate change projects.
Pinsent Masons LLP
The project finance team at Pinsent Masons LLP advises clients on renewable energy and infrastructure projects both in France and internationally. The ‘very competent, responsive’ Eran Chvika steers the practice and has particular expertise with regard to the financing of wind, solar and biomass portfolios. Charles Bressant focuses on assisting developers, banks and investors with project development and financing.
Responsables de la pratique:
Eran Chvika
Autres avocats clés:
Charles Bressant
Les références
‘Excellent team, efficiency, responsiveness and pragmatism that intervenes on complex project financing. They have expertise in French law and English law in the energy and infrastructure sector, which allows them to cover a very broad spectrum of financing in various renewable energy sectors.’
‘Very business-oriented, very strong knowledge of the ecosystem of innovative project financing which allows them to provide relevant advice in line with the expectations and constraints of clients in the energy and infrastructure sector that Pinsent Masons Paris masters perfectly.’
‘Eran Chvika is very competent, responsive. A quality partner and close to his clients. He always quickly finds innovative solutions adapted to the problems posed in project financing, a dealmaker! Excellent understanding of the energy sector and its challenges. He intervenes on all aspects of project financing (development phase, drafting and negotiation of project and financing documentation). He has developed unique expertise in the field of renewable energies and infrastructures.’
Principaux clients
Monaco Energies Renouvelables
Energiter
GreenYellow
International Finance Corporation
NORD/LB
Photosol
Neoen
Société Generale
La Banque Postale
WPD
Valeco
Latitude Solaire
Crédit Agricole Corporate & Investment Bank
RTE
Quénéa
ALSF
BPCE Energeco
Principaux dossiers
- Advised International Finance Corporation on a risk sharing agreement entered into between IFC and the fully digital bank, Orange Bank Africa to enable even the smallest businesses in West Africa to access the financing they need to grow.
- Advised International Finance Corporation on a partnership entered into with the Baobab Group, aiming to strengthen the provision of financial services to unserved and underserved entrepreneurs in Burkina Faso, Côte d’Ivoire, the Democratic Republic of the Congo, Madagascar, Mali, and Senegal.
Trinity International LLP
The team at Trinity International LLP handles a range of financing arrangements for energy and natural resource projects, acting on behalf of commercial banks, development finance institutions, export credit agencies, sponsors and developers. The group, which has particular experience advising on African mandates, is co-directed by Pierre Bernheim and Marianna Sédéfian, whose collective experience is centred on the renewables, mining, oil-and-gas and natural resources segments.
Responsables de la pratique:
Pierre Bernheim; Marianna Sédéfian
Les références
‘Extremely strong regional experience in Africa and industry experience in power and renewables. Excellent relationship with local counsels.’
‘Marianna Sedefian – experience in OHADA jurisdictions including complex deal structuring.’
Principaux clients
AFD (French Development Agency)
ABSA
Afreximbank
Africa 50
Africa Ren Invest Ltd
Africa Finance Corporation
Africa Synergy
African Development Bank
Africinvest
Aggreko International Projects
ALSF
AP Moller
Assala Energy
ATI (African Trade Insurance Agency)
Barrick Gold Corporation
Burmeister & Wain Scandinavian Contractor
CIGen CO
Coöperatief Climate Fund Managers U.A.
Cross Boundary Energy Management
EAIF (Emerging Africa Infrastructure Fund)
EDFI Management N.V
EDF
EDF Renewables
EIB
Endeavor Energy
ENI
Eurasian Resources Group (ERG)
ERAMET and Grande Côte Opérations
Evolution II ESCO Mauritius
FEI Ongrid LP
Finnfund
Globeleq
Government of Ivory Coast through ALSF
Ministry of Energy and Hydrocarbons of Madagascar and JIRAMA
Meridiam
Norfund
Proparco
Qair International
Rawbank
Renewable Energy Performance Platform (REPP)
Scatec Solar ASA
Senergy2 SASU
STOA Infra& Energy S.A. (STOA)
Triodos
Voltalia SA
Walo Storage SASU
Winning Consortium
Principaux dossiers
- Advised Africa Ren and Walo Storage SASU in relation to the development and financing under a project finance scheme of a 16MWp solar photovoltaic power plant near Dagana in Senegal.
- Advised ACWA Power in relation to the development and financing of a reverse osmosis desalination plant to be developed under a public-private partnership scheme north of Dakar, Senegal.
- Advised the lenders in relation to a $400m financing granted to Kamoa Copper, Ivanhoe Mines’ giant copper mine in the Democratic Republic of Congo.