Clifford Chance's project and asset finance group is regularly instructed by lenders, governments, investors, project developers and companies on international projects. Recent examples include the advice to the government of the Republic of Namibia on the development of the largest fully vertically integrated green hydrogen project in sub-Saharan Africa, which emphasises the practice's focus on the energy sector; the other sector focus is infrastructure. Practice head Florian Mahler boasts similar competencies and also acts as co-head of the global projects group since May 2023. Further mainstays include expertise in ECA and state-supported financing, Anna Thwaites is a key contact here, as well as joint venture and non-recourse project financing. Christof Häfner complements this with expertise in ​​asset financing with a focus on the aviation and rail sectors. Beda Wortmann is a key contact for PPPs and also covers the real estate financing area.

Insurance companies, pension funds, asset managers and banks regularly call upon White & Case LLP‘s financing expertise pertaining to project bonds, promissory note loans and combined financing, including development loans and financing covered by the Export Credit Agency (ECA). The team assists with various projects, such as gas and steam cogeneration plants, pipelines, LNG plants and offshore wind farms as well as motorways, airports, ports and projects in connection with the fibre optic network expansion. Practice head Florian Degenhardt regularly takes the lead here; his team cooperates across locations and practices, as was recently demonstarted in advising the European Investment Bank and a banking syndicate on financing of over € 1 billion to build a renewable energy pipeline in Spain and Portugal.

CMS' team recently demonstrated its expertise in the energy sector thanks to numerous national and international instructions pertaining to hydropower, PV and offshore wind projects; this is complemented with experience in financing in the fibre optic and rail sectors. The client roster includes lenders such as financial institutions, investors and sponsors as well as companies on the borrowing side. The financing expertise covers structured financing, USPP transactions, privately placed registered bonds and refinancing. Project and asset financing expert Kerstin Block (sector focus on infrastructure, energy and rolling stock) and corporate, real estate and project financing expert André Frischemeier jointly head the practice. They are supported by Marc Riede, who is experienced in non-performing loans and restructurings.

Hogan Lovells International LLP's team offers project financing expertise in the infrastructure and renewable energy sectors, which is called upon by banks, sponsors, borrowers and investors. This was recently demonstrated in the financing of the Baltic Power offshore wind farm in Poland with a capacity of 1.2 GW as well as various financings in the solar and fibre optic sectors. Practice head Carla Luh is well versed in the areas of energy, digital infrastructure and real estate in the context of international transactions. She is supported by senior associate Amy Wienke, who is qualified under German and English law and assists with cross-border matters. Alexander Stefan Rieger (M&A in the infrastructure and energy sector) joined Latham & Watkins LLP in May 2023.

Norton Rose Fulbright advises on projects in the infrastructure and renewable energy sectors, including the financing of geothermal energy projects and PV systems as well as onshore and offshore wind energy projects; debt funds regularly instruct the team on the financing of PPP projects in the highway sector. Other clients include public sector players and sponsors, which benefit from the firm's cross-border and cross-practice cooperation, thus covering various interfaces, such as M&A. Practice head Dirk Trautmann complements this with expertise in asset and corporate financing.

Watson Farley & Williams LLP's traditional strength is the financing support for onshore and offshore wind projects, where the team and co-practice leader Thomas Hollenhorst assist national and international companies, banks and investors, with ECA and general trade financing as well as acquisition financing. This is complemented by expertise in the asset finance area, which is headed by co-head Clemens Hillmer. The focus here is on advising shipping companies and shipyards on ship and container financing, while interfacing matters pertaining to shipping and energy are also covered; this was recently demonstrated in advising on the refinancing of floating storage and regasification units and the financing of the construction of a liquefied gas investor.