Bahrain > Project finance
- Baker & McKenzie Limited
Freshfields Bruckhaus Deringer
Charles Russell LLP
- Norton Rose (Middle East) LLP
Trowers & Hamlins
Hassan Radhi & Associates
- Haya Rashed Al Khalifa Attorneys at Law & Legal Consultants
- Zu’bi & Partners, Attorneys & Legal Consultants
Baker & McKenzie Limited is widely acknowledged as a top firm for projects in Bahrain, and is ‘an excellent option for shari’ah-compliant financing’. It recently acted for United Steel Company on the first ECA-based financing of a steel project in Bahrain for $373m, provided by BNP Paribas and Société Générale.
Freshfields Bruckhaus Deringer’s projects team is ‘very knowledgeable’ and gives ‘first-class and highly appropriate advice’. It advised the Ministry of Housing and the Ministry of Finance on the first affordable housing PPP project in the MENA region, with an approximate budget of $500m to build 4,000 affordable housing units.
Charles Russell LLP’s project finance team is recommended for its ‘commercial and legal approach’ and ‘balanced advice’. Nicholas Polley is highlighted for his experience in Islamic finance, while new arrival Simon Green is recommended on the real estate side and is ‘always very responsive and technically strong’. The firm advised Al Areen on financing arrangements relating to its major development in Bahrain.
‘One of the best property lawyers in the MENA region’, Joanne Emmerson Taqi at Norton Rose (Middle East) LLP is recommended for real estate project work, and has ‘first-rate knowledge of the industry’ and an ‘excellent reputation’. The firm advised Constructions Industrielles de la Méditerranée as the developer of a $800m waste-to-energy project in Bahrain.
Trowers & Hamlins has a particular focus on real estate and construction projects. It continues to act for Naseej, the appointed preferred developer in Bahrain’s first social housing project to be implemented on a PPP basis. It also advised Bahrain Airport Company on its $4.7bn terminal expansion. Leading practitioner Abdul-Haq Mohammed and newly promoted partner Paula Boast are recommended.
Hassan Radhi & Associates continues to develop its projects and energy practice, and handles a steady flow of work for public institutions in Bahrain.
Haya Rashed Al Khalifa Attorneys at Law & Legal Consultants leverages its banking and finance and corporate experience to advise on project finance mandates.
Zu’bi & Partners, Attorneys & Legal Consultants advised a syndicate of lenders on the Muharraq sewage treatment plant financing. It also advised international lenders on the $373m project financing of an integrated steel complex to be established in Bahrain.