Infrastructure and projects (including project finance) in United Arab Emirates

Allen & Overy LLP

Allen & Overy LLP has a strong presence in the region and has been involved in large-scale greenfield and brownfield projects, as well as cross-border matters with complex financing packages. The team advises sponsors, borrowers and lenders on projects in a wide range of sectors. The group includes commercial contracts specialists who advise on construction, power supply, water, offtake and infrastructure contracts. Ian Ingram-Johnson has expertise across a number of sectors including power, petrochemicals, oil and gas, telecoms, transport and infrastructure. Judith Kim is also noted and has significant expertise in project development and M&A along the entire oil and gas value chain.

Practice head(s):

Ian Ingram-Johnson; Judith Kim

Key clients

Saudi Aramco Total Refining and Petrochemical Company (SATORP)

Tatweer Building Company

Sahara and Ma’aden Petrochemicals Company (SAMAPCO)

OQ Gas Networks SAOC (formerly Oman Gas Company)

Oman International Petrochemical Industries Company LLC (OMPET)

Duqm Refinery and Petrochemical Industries Company LLC

Saudi Arabian Oil Company (Saudi Aramco)

Moon Iron & Steel Co (MISCO)

Oman Oil Refineries and Petroleum Industries Company SAOC (ORPIC)

Masdar

EDF Renewables

Nesma Holding Company

Al Fanar

Work highlights

  • Advised Duqm Refinery and Petrochemical Industries Company LLC on the development of a world-scale mixed-feed steam cracker and downstream petrochemical units in Duqm, Oman.
  • Acting for the sponsor, Total S.A., on the refinancing of the project on Islamic and conventional terms (SAR and USD), ensuring prepayment in full of all amounts outstanding under the original facilities with the proceeds of the new facilities.
  • Advising Orascom, Metito and Mowah, the senior lenders and three sets of equity bridge lenders, on the development, construction, operation and maintenance of the first independent sewage treatment project to be tendered and awarded in Saudi Arabia in West Dammam.

Ashurst LLP

Ashurst LLP has expertise in complex regional transactions in the energy and infrastructure sectors. The team advises on commercial and construction issues, concessions (including PPP), procurement, finance, dispute resolution and restructuring and special situations. The practice has increasingly been involved in projects relating to the health, education, waste-to-energy, ports and social accommodation sectors. Managing partner David Charlier is highly regarded as is Joss Dare, the global co-head of projects. Yvonne Cross is another key individual in the team. Luke Robottom is also noted.

Practice head(s):

David Charlier

Other key lawyers:

Joss Dare; Yvonne Cross; Luke Robottom

Testimonials

‘The team in the UAE, led by Luke Robottom, is well experienced with the construction projects market for the oil and gas sector. They understand the local / cultural complexities which need to be taken into account beyond understanding the standard contractual positions. For example, the terms of bank guarantees used in the Middle East would not be signed in Europe.’

‘Luke Robottom knows the construction and infrastructure areas of the oil and gas sector extremely well, and is able to advise with confidence on all parts of our projects, from initial MOUs and NDAs through to process technology licensing arrangements, front end engineering and design agreements and EPC contracts.’

‘I mainly work with Matthew Wood and Luke Robottom, both are exceptionally hard working individuals with immense experience. They think of you even in tough times. Very pro-active and helpful individuals. ’

Key clients

Petrochemical Industries Company K.S.C (PIC)

Kuwait Petroleum International (KPI)

Ajyad Knowledge (a Vision Invest subsidiary)

Abu Dhabi National Oil Company (ADNOC)

DP World

Asyad Group

Serco

Etihad Rail

Metro Jeddah Company

ENGIE

Work highlights

  • Advising the consortium led by Ajyad Knowledge on its bid, and as preferred bidder, to design, build, finance, maintain and transfer 60 schools in Jeddah and Mecca as part of TBC’s Schools Infrastructure Programme — Wave 1 in Saudi Arabia.
  • Advising Qiddiya Lenders as the prospective lenders to the utility project on all aspects thereof, including on the due diligence and negotiation of the project documents as well as the negotiation of the financing terms and the drafting and negotiation of the finance documents.
  • Advising the commercial lenders on the Marubeni-led project financing for the development, design, financing, construction, commissioning, operation and maintenance of the Tanajib IPP, a new cogeneration independent steam and power plant.

Dentons

Dentons has a 'full infrastructure and utilities service' that offers 'seamless multi-jurisdictional support'. The firm advises a broad range of clients including government procurers, sponsors, lenders and contractors across the region. Key areas of work involve transport projects, utilities projects such as power and wastewater, as well as social infrastructure projects including housing and schools. Mhairi Main Garcia has significant expertise in energy and infrastructure. 'Stand out partner' Jon Nash focuses on the project contract/commercial documentation aspects of transactions. Qasim Aslam is also noted and heads the UAE banking and finance team.

Practice head(s):

Mhairi Main Garcia; Jon Nash; Qasim Aslam

Testimonials

‘Unique experience in the utilities sector and an understanding of our business developed over almost a decade of partnership with Dentons. Dentons offer a full infrastructure and utilities service from construction to offtake and concession arrangements to project finance. There is strong and seamless multi-jurisdictional support through Dentons’ extensive network of offices in the jurisdictions we operate in.’

‘Jon Nash is a stand out partner at Dentons in the infrastructure and projects space, especially in our sector.’

Key clients

ACWA Power International

Maysan Properties SAOC

Gemalto Middle East FZ LLC

Al Husainiyah Power Generation Company

Samba Financial Group

National Central Cooling Company PJSC (Tabreed)

Emirates Global Aluminium (EGA)

Sumitomo Corporation,

Gulf Investment Corporation

Korea Electric Power Corporation (KEPCO)

Al Blagha Holding

Tamasuk Holding

Agility

Work highlights

  • Advised Acwa Power and the sponsor consortium on the development, commercial and financial close of the Ibri II PV IPP solar project – the largest utility-scale solar park in Oman.
  • Advising Snam on its agreement, in consortium with several international investment funds, to purchase a 49 percent share of Adnoc Gas Pipelines from Abu Dhabi National Oil Company.
  • Advising Tabreed on the acquisition of Masdar cooling assets at Masdar city in Abu Dhabi.

DLA Piper

DLA Piper has a well-established presence in the power and water sectors. The firm regularly advises the Saudi government on projects in the solar and wind space, as well as desalination plants, sewage treatment plants, water storage and transmission pipelines. Trevor Butcher, head of finance and projects in the Middle East, advises on a range of power and water projects, transport infrastructure and other PPP schemes. Keith Bullen, legal director Adam Haque and senior associate Mona Hammadi are also noted.

Practice head(s):

Trevor Butcher

Other key lawyers:

Keith Bullen; Adam Haque; Mona Hammadi

Key clients

Saudi Water Partnership Company (SWPC)

Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources (“MEIM”)

Rural Areas Electricity Company (Tanweer)

Haya Water

Oman Power and Water Procurement Company (OPWP)

Bahrain Ministry of Transport and Telecommunications (MTT)

Standard Chartered Bank

European Bank for Reconstruction and Development

Al Kifah Holding Company

Work highlights

  • Advising Saudi Water Partnership Company on the procurement of the 450,000 cm/d Yanbu 4 IWP, 600,000 cm/d Rabigh 3 IWP, 450,000 cm/d Shuqaiq 3 IWP and 1,200,000 cm/d Jubail 3A and 3B IWPs.
  • Advising Saudi Water Partnership Company on the procurement of the 150,000 cm/d Buraydah 2 ISTP, 90,000 cm/d Tabuk ISTP and 375,000 cm/d Madinah ISTPs.
  • Advising SWPC (Previously Water & Electricity Company) on the procurement of six water storage projects in Jeddah with an aggregate capital cost of $2.25bn.

Linklaters

Linklaters' workload includes power and water, refinery and petrochemicals, oil and gas, PPP/PFI, infrastructure, energy and natural resources, mining and minerals projects. The team has expertise in complex, multi-tranche financings, with a mixture of conventional and Islamic structures, export credit and DFI/multilaterials. Sarosh Mewawalla heads the energy and infrastructure practice in the Middle East and specialises in multi-sourced financings.

Practice head(s):

Sarosh Mewawalla

Key clients

Al Rajhi Holding Group

Saudi Aramco

IFC PPP Transaction Advisory

Farabi Petrochemical Company

Banque Saudi Fransi

JP Morgan

Ministry of Finance, Kingdom of Saudi Arabia

Mizuho Bank

The National Commercial Bank

The Saudi British Bank

Saudi Railways Organisation

Engie (formerly known as GDF Suez)

National Petrochemical Industrial Company (NATPET)

HSBC Middle East Limited

DP World Limited

Arab National Bank

Dow Chemical

TAQA

JBIC

KEXIM Bank

CEXIM Bank

Riyadh Bank

Samba Financial Group

Saudi Hollandi Bank

Societe Generale

Standard Charted Bank Plc

Sumitomo Mitsui Banking Corporation

Vision Invest

Work highlights

  • Advised three successful bidders on their investment into Abu Dhabi National Oil Company’s (ADNOC) natural gas pipelines in the UAE.
  • Acting for lenders supporting two bidders in relation to the Tatweer Buildings Co Schools PPP in Saudi Arabia.
  • Advising the lenders on a bid for the acquisition of the National Centre for Privatization and PPPs’ 100% shareholding in milling companies regulated by Sago.

Clifford Chance

Clifford Chance is highly recognised for its experienced banking and project finance practice and displays strong expertise in renewable and conventional energy and water projects in the UAE and across the Middle East. The team operates in both Dubai and Abu Dhabi, and the latter location is where Richard Parris is based. Banking and finance lawyer Mohamed Hamra-Krouha, Robin Abraham and Inaamul Laher, head of construction in MENA, are also noted.  Changes in the team include Peter Avery retiring recently and becoming a consultant at the firm.

Practice head(s):

Richard Parris; Mohamed Hamra-Krouha

Other key lawyers:

Robin Abraham; Inaamul Laher; Peter Avery

Key clients

Abu Dhabi National Oil Company (ADNOC)

AMEA Power

Sharjah Water and Electricity Authority

The Red Sea Development Company (a subsidiary of the

Public Investment Fund)

Qiddiya Investment Company (a subsidiary of the Public

Investment Fund)

Masdar (Abu Dhabi Future Energy Company)

Mizuho Bank, Ltd.

Japan Bank for International Cooperation (JBIC)

Marubeni Corporation

EDF Renouvelables S.A

JinkoPower

Kuwait Integrated Petroleum Industries Company (KIPIC)

Work highlights

  • Advising Adnoc on all aspects of the development and construction of an offshore sour gas mega-project in Abu Dhabi.
  • Advising the EDF Renouvelables and JinkoPower on all aspects of the development, construction, operation and financing of a major 2GW solar PV mega-project in Abu Dhabi, UAE.
  • Advising a client on the development, construction, operation and financing of a 2.4GW combined cycle gas turbine power plant in Fujairah, UAE.

CMS

CMS advises sponsors, lenders, public sector organisations, contractors and service providers on a wide variety of infrastructure and public-private partnerships (PPP) projects at all stages of their lifespan. The practice has a strong presence in the areas of healthcare, education, waste, energy storage, renewable energy, transport, rail and IT/telecoms. Mark Rocca acts as co-managing partner of the Dubai office and has a strong background in the healthcare, education, power and water areas. Amir Kordvani is another key individual and has significant experience advising on infrastructure and energy projects.

Practice head(s):

Amir Kordvani; Mark Rocca

Other key lawyers:

Matthew Culver

Key clients

Public Authority for Housing Welfare – Kuwait

Etihad Rail PJSC

Abu Dhabi National Energy Company PJSC (TAQA)

Oman Power and Water Procurement Company SAOC

Majis Industrial Services SAOC

Medtronic

Jumeirah Group

Veolia

Dragon Oil

Repsol

NAMA Holding Company

Dubai Electricity and Water Authority

Petrogas Exploration & Production LLC

KCA Deutag Drilling Gmbh

Daleel Petroleum LLC

Oman Oil Refineries and Petroleum Industries Company SAOC

Arabian Gas and Oil Development Company

Work highlights

  • Advising The King Fahd Causeway Authority in Saudi Arabia on the development of the $3.5bn King Hamad Causeway to connect Saudi Arabia and Bahrain.
  • Advising Oman Power and Water Procurement Company SAOC on its procurement of three new IWPs.
  • Advising EgyptERA on developing a regulatory framework for private sector participation in the Egyptian electricity market.

White & Case LLP

White & Case LLP is regularly involved in project financings, where it acts for leading international and local financial institutions, sponsors and government institutions active in project financings in the UAE. Some of the key areas of work for the practice include desalination plants, conventional and renewable power projects and sewage treatment plants. Yasser Riad has extensive experience advising sponsors, lenders and other stakeholders on project finance as well as infrastructure, oil and gas and power transactions. Antoine Cousin has a strong background in PPP and Alexander Malahias focuses on project financing.

Practice head(s):

Antoine Cousin; Alexander Malahias; Yasser Riad

Key clients

Emirates Water and Electricity Company (EWEC)

Abu Dhabi Department of Energy (DOE)

Abu Dhabi National Energy Company PJSC (TAQA)‎

Saudi Arabian Oil Company (Saudi Aramco)

Saudi Arabian National Mining Company (Ma’aden)

Water & Electricity Company of Saudi Arabia (WEC)

National Water Company (NWC)

King Faisal Specialist Hospital & Research Centre

National Commercial Bank

Work highlights

  • Advising Emirates Water and Electricity Company on the 200 MIGD reverse osmosis independent water plant project located in the Emirate of Abu Dhabi, UAE.
  • Advising Emirates Water and Electricity Company on the development, financing, construction, operation, maintenance and ownership of the 2,400MW Fujairah F3 greenfield power generation plant in the Emirate of Fujairah, UAE.
  • Advising Emirates Water and Electricity Company on the development and financing of the 2GW PV2 Solar IPP.

Afridi & Angell

Afridi & Angell has an active project development practice with a particular focus on energy projects. The firm has cross-border capabilities and has a strong presence in Pakistan. Renewable energy is a key area for the practice but the group is also active in sectors including oil and gas, mining, and power generation and transmission. Practice head Masood Afridi is a project finance specialist.

Practice head(s):

Masood Afridi

Key clients

Dubai Electricity and Water Authority (DEWA)

Hawa Holding

Jhimpir Power Limited

Azad Pattan Power Private Limited (APPP)

ACWA Power

Marubeni Corporation

Emirates District Cooling LLC (Emicool)

Al Etihad Energy Services (Etihad ESCO)

The Regulatory and Supervisory Bureau (RSB)

Work highlights

  • Advising Marubeni Corporation on the development and financing of the Fujairah F3 Independent Power Project.
  • Advising Marubeni Corporation on its bid for the Solar PV2 Independent Power Project, Abu Dhabi.
  • Advising Azad Pattan Power Private Limited Energy on the $1.5bn+ Azad Pattan hydel power project.

Eversheds Sutherland LLP

Eversheds Sutherland LLP has particular strength in energy, power, transport, water and social infrastructure. The practice has significant expertise in renewable energy and acts for a active number of developers and funders in the MENA region. Practice head Iwan Walters advises on a broad range of energy and infrastructure projects and has a strong corporate background. Banking and finance lawyer Clint Dempsey is also noted. Ashley Halewood was a new arrival from Linklaters.

Practice head(s):

Iwan Walters

Other key lawyers:

Clint Dempsey; Ashley Halewood

Key clients

Dubai RTA

Al Blagha Holding for Investment Co. (now called Tamasuk ) , Alfanar Company and Desert Technologies Industries CJSC

Al Jomaih Energy and Water Co. and Axia Power Holdings B.V. (wholly owned Marubeni company)

Tunisian Government

Al Ayuni Investment and Contracting Company and China Civil Engineering Construction Company

A multinational power developer

Public Works Authority of Qatar

Voltalia

SABIC

Enviromena

Classic Fashion Apparel Ltd Co

Work highlights

  • Advising Dubai RTA on the multibillion-dollar re-tendering of systemwide Operations and Maintenance (O&M) Contract.
  • Advising a consortium consisting of Al Blagha Holding for Investment Co. (now called Tamasuk), Alfanar Company and Desert Technologies Industries CJSC as sponsors for the 50MW Madinah solar PV project in Saudi Arabia.
  • Advising a consortium consisting of Al Jomaih Energy and Water Co. and Axia Power Holdings (wholly owned Marubeni company) as sponsors for the 300MW Rabigh solar PV project in Saudi Arabia.

Hadef & Partners

Hadef & Partners has a track record handling water and power plant projects and, more widely, advises on project finance and refinancing, joint ventures, and acquisition and disposal of oil and gas assets. 'Standout partner' Alan Rodgers has extensive experience in advising clients on project finance, private public initiatives and privatisation, among other matters. James Farn has expertise in all kinds of finance-related transactions including leveraged finance, property finance, development funding, trade finance and project finance, acting for both lenders and borrowers.

Practice head(s):

Alan Rodgers; James Farn

Testimonials

‘A very seasoned and knowledgeable team who have been working on the key projects for a number of years. ’

‘Alan Rodgers is a standout partner, great technician and a polished performer.’

Key clients

Taweelah Asia Power Company PJSC (TAPCO), Asia Gulf Power Service Company Limited, and Asia Gulf Power Holding Company Limited

Al Khaleej Sugar Co LLC

Ruwais Power Company PSC

Gulf Total Tractabel Power Company PSC (GTTP)

Emirates Sembcorp Power and Water Company PSC (ESC)

Sweihan PV Power Company PSC

Sharjah Hamriyah Independent Power Company PSC (SHIPCO)

Abu Dhabi National Oil Company (ADNOC) and Korea Trade Insurance Corporation

Arabian Power Company PSC

Work highlights

  • Advised Tapco TAPCO on its capacity as the owner of the Taweelah B plant and separately as to its obligations as the majority shareholder in the shared facilities company that operates services to three other IWPP companies in the Taweelah B site.
  • Advised a consortium of lenders to Naqa’a Desalination Plant LLC (project company for the 150MIGD seawater reverse osmosis independent water project, Umm Al Quwain).
  • Acted for Al Khaleej Sugar Co LLC on the drafting and negotiating of bankable PPA, O&M, LTMA and EPC agreements concerning its AKS bid to build a 70MW power plant to service its sugar refinery exclusively.

King & Spalding LLP

King & Spalding LLP has a strong focus on work relating to petrochemicals, renewables, infrastructure/PPPs and utilities (including district cooling). The firm regularly acts for major Japanese and Korean energy companies on their projects in the region, including transactions, and advises on related work with export credit agencies, trading houses and financial institutions. Tim Burbury heads the team and is a key name in the district cooling space. Robin Bayley is also noted and has a strong background in project finance. Other key individuals include Nikhil Markanday, John McClenahan and Evelina Petraviciute. Randall Walker was a new arrival in 2021.

Practice head(s):

Tim Burbury

Other key lawyers:

Robin Bayley; Nikhil Markanday; John McClenahan; Evelina Petraviciute

Testimonials

‘Unparalleled breadth and depth of expertise in the district cooling space, particularly acting for developers.’

‘Tim Burbury stands out. He has unparalleled breadth and depth of expertise in the district cooling space, particularly acting for developers.’

‘K&S is a world class law firm with real expertise in infrastructure projects and project finance.’

Key clients

Compañía Española de Petróleos (CEPSA)

Mubadala Investment Company

ENGIE

Electricity de France (EDF)

Sadara Chemical Company

Vision Invest

Jeddah Economic Company

Saudi Tabreed

Veolia

Work highlights

  • Advised EDF and Masdar on the development and financing of the 400MW Dumat Wind IPP in Saudi Arabia, the first project financed Wind IPP in the Kingdom.
  • Advised the EDF and Jera consortium on its bid for the 2.4GW Fujairah 3 IPP in the UAE.
  • Advising Masdar on its role as the local shareholder on all aspects of the development and financing of the 2GW Al Dhafra solar PV project in Abu Dhabi.

Latham & Watkins LLP

Latham & Watkins LLP has a track record advising on matters relating to the transport, healthcare, power, water and education sectors. The team handles all aspects of a project’s development, financing, and operation and has significant experience assisting with EPC projects, PPP structures and various large-scale infrastructure projects. Villiers Terblanche heads the project development and finance practice; his clients include lenders, sponsors and governments. Craig Nethercott is also noted and has a strong background in project finance. Another notable individual is Derek McKinley who is 'really good in negotiations'. 

Practice head(s):

Villiers Terblanche

Other key lawyers:

Craig Nethercott; Derek McKinley

Testimonials

‘Compared to other firms we used, L&W seemed to get things done with a minimum of fuss. On setting up our contracts with suppliers they moved quickly and efficiently to the required position.’

‘Though based in Dubai, and we are based in the UK, Derek McKinley consistently delivered what was asked of him in support of our projects.’

‘They handle a lot of infrastructure and project finance projects, so they are well aware of the market practice especially for 2030 vision.’

‘I deal with Derek McKinley most of the time and he is really good in negotiations. what makes him stand out is that whenever I deal with complex counterparts I always prefer Derek to lead the negotiations. I worked with different international law firms and partners, Derek supersedes most of them when it comes to negotiations.’

Key clients

Saudi Ports Authority (Mawani)

Air Products

Acciona Agua

Abu Dhabi Health Services Co. (SEHA)

Aluminium Bahrain B.S.C.

Greenbrier Companies Inc.

National Center for Privatisations & PPPs

Abu Dhabi Health Services Company (SEHA)

Work highlights

  • Advised Mawani on the procurement of three build-operate-transfer agreements for the privatisation of Saudi Seaports.
  • Advising Air Products on the proposed acquisition of $12bn in gasification assets located in Jazan Economic City, Saudi Arabia.
  • Advised Abu Dhabi Health Services on a joint venture with Mayo Clinic to operate Sheikh Shakhbout Medical City.

Pinsent Masons LLP

Pinsent Masons LLP's workload includes several energy, oil and gas and refinery projects including a solar power park and an independent sewage treatment plant. Other key areas include transport and other infrastructure projects. Tim Armsby is recognised for work in the energy and transport sectors. Gurmeet Kaur has expertise in solar power and regional managing partner Catherine Workman focuses on PPP work. George Booth is also noted and specialises in international projects and transactions in the energy sector.

Practice head(s):

Tim Armsby

Other key lawyers:

Gurmeet Kaur; Catherine Workman; George Booth

Testimonials

‘Roles and competencies are clearly defined which makes it easier and efficient. Our needs are captured seamlessly.’

‘I know some of the staff for more than 10 years, and they also know our industry very well.’

Key clients

Advanced Technology Development (ATD)

CNIM

Larsen & Toubro Limited (L&T)

Work highlights

  • Advised Advanced Technology Development on its successful negotiations with the Egyptian government in a unique transaction in which ATD has taken over operations of an old power plant and agreed to invest in the plant to improve its efficiency and out-put over a 15-year period.
  • Advised CNIM on the setting up of its entities in Sharjah, on the DBO arrangements with the joint venture, the flow down agreements including EPC and subcontracts for the civil and other works and negotiating with their contractors
  • Advising Larsen & Toubro on its bid for the EPC contractor role on the 1.5GW Al Dhafra solar IPP in Abu Dhabi which is procured by Emirates Water & Electricity Company.

Al Tamimi & Company

Al Tamimi & Company has 'extensive corporate and project finance experience' and advises on projects relating to the power and transmission, water and waste, oil and gas, and rail and transport sectors. Practice head Mark Brown has significant experience advising on GCC projects. Jody Waugh is also well recognised in the region.

Practice head(s):

Mark Brown

Other key lawyers:

Jody Waugh; Ashish Banga

Testimonials

‘ATCO has extensive corporate and project finance experience in the Middle-East especially in UAE. Their advice is based on various precedents, and the time to respond is satisfactorily short.’

‘Mark Brown, partner of ATCO, gave us in-depth advisory in the transaction we recently worked with.’

‘In-depth knowledge of local law issues.’

‘Ashish Banga (Senior Associate) : very responsive and was helpful in finding solutions (not just causing problems). ’

‘Good communication skills and attention to detail. Patience!’

Key clients

ACWA Power

Marubeni

JBIC

Softbank Energy

Engie

Eni

NOMAC

Gulf Investment Corporation

Noor Energy

Shuaa Energy

SMBC

BNP Paribas

Mizuho

NEXI

Hogan Lovells (United Arab Emirates) LLP

Hogan Lovells (United Arab Emirates) LLP's team includes practitioners specialising in corporate/commercial, project finance, Islamic finance and dispute resolution. The team has a deep understanding of the power and water, renewable energy and social infrastructure sectors. Sohail Barkatali heads the practice. Rahail Ali and Imran Mufti are also noted.

Practice head(s):

Sohail Barkatali

Other key lawyers:

Rahail Ali; Imran Mufti

Key clients

ACWA Power

WTE Wassertechnik GmbH

WTE/IFA consortium

Alfanar

JGC Corporation

Natixis

Consolidated Contractors Company

Bank Muscat, Oman Arab Bank, Bank Sohar and Bank Dhofar

Work highlights

  • Advised ACWA Power on the $1.2bn Taweelah IWP in Abu Dhabi, United Arab Emirates.
  • Advised the consortium led by WTE Wassertechnik as the successful bidder for the Umm Al-Hayman wastewater project in Kuwait.
  • Advising Alfanar Company on the strategic five-year Murahaba financing facility worth $75m with APICORP (Arab Petroleum Investments Corporation).

Norton Rose Fulbright

Norton Rose Fulbright is involved in large mandates involving the renewables, water, power, petrochemicals, social infrastructure and PPP sectors. Government-funded PPP infrastructure and energy projects are a key growth area for the team. Projects and banking lawyer Paul Mansouri has a focus on the energy, renewables and infrastructure sectors. Dubai-based Robin Balmer and Joanne Emerson Taqi, now based in Sydney, are also noted.

Practice head(s):

Paul Mansouri

Other key lawyers:

Robin Balmer; Joanne Emerson Taqi

Key clients

ACWA Power

Vision Invest

European Bank for Reconstruction and Development

International Finance Corporation

Natixis

MUFG Bank

Standard Chartered Bank

Veolia

Marafiq

National Commercial Bank

Al Rajhi Bank

Abu Dhabi Investment Bank

First Abu Dhabi Bank

Emirates NBD

Korea Development Bank

KfW

Saudi Tabreed

Arab National Bank

Boubyan Bank

KAPP

Norinchukin Bank

Mizuho Bank

Siemens Bank

SMBC

Engie

Work highlights

  • Acting for the lenders to the consortium led by Acwa Power on all aspects of both conventional and Islamic financing of the sea water osmosis desalination plant in Taweelah, the UAE.
  • Acting for the lenders on all aspects of the financing of the Rabigh 3 IWP.
  • Advising the lenders on all aspects of the financing of the independent water project to be located in Umm Al Quwain, UAE.

Reed Smith

Reed Smith handles contentious and non-contentious work in the infrastructure, construction and energy sectors. Sachin Kerur, who has experience in the infrastructure space, and Simon Harvey, who specialises in finance and projects, jointly head the practice.

Practice head(s):

Sachin Kerur; Simon Harvey

Shearman & Sterling LLP

Shearman & Sterling LLP advises on matters across the energy and infrastructure spectrum, from oil and petrochemicals, to power, nuclear and renewables. Renad Younes advises companies, financial institutions and governments on international M&A transactions and projects that cover the energy sector. Dan Feldman has a strong background in project development  and finance.

Practice head(s):

Renad Younes; Dan Feldman; Iain Elder; Anthony Patten; Ben Shorten

Key clients

Abu Dhabi National Oil Company (ADNOC)

Intercontinental Exchange, Inc (ICE)

Emirates Global Aluminium

Masdar

Mubadala

Chevron

ADQ

AD Power

EWEC

Sharjah National Oil Company

Work highlights

  • Advised Adnoc on the disposal of an interest in Adnoc Refining to Eni and OMV where the company was valued at c. $19bn.
  • Advised Adnoc on a new strategic partnership with OCI, which is set to be the largest export-focused nitrogen fertiliser platform globally and the largest producer in the MENA region.
  • Advised Guinea Alumina Corporation (and its parent company, Emirates Global Aluminium, which is owned by Mubadala Investment Company and Dubal Holding) on the $1.4bn construction, development and financing of a bauxite mine and related rail and port infrastructure in the Republic of Guinea.

Squire Patton Boggs

Squire Patton Boggs has a reputation for advising government clients on the structuring, procurement and implementation of projects in the Middle East. The team has extensive expertise in the energy, water, utilities, petrochemical, transport, infrastructure and other sectors. Shibeer Ahmed specialises in project finance, and also handles banking and Islamic finance mandates. Thomas Wilson is the regional head of construction and arbitration, as well as the global head of infrastructure.

Practice head(s):

Thomas Wilson

Other key lawyers:

Shibeer Ahmed

Testimonials

‘The team that we work with headed up by Mr. Shibeer Ahmed has always provided us with tailor made solutions to our problems through out the deal. Even some of our issues have been pointed out to us before they arise with a perfect forward looking approach and mitigated.’

‘Mr. Shibeer Ahmed has always been the one we have been following for nearly 10 years now. We have the chance to reach out to him outside of usual work hours, have never been left unattended. We find both the technical expertise and his engagement with us exceptional.’

Key clients

Sumitomo Corporation

Marubeni

Kansai

Veolia

Doosan

UIDC

Standard Chartered Bank

KDB

KFW

SMTB

Mizuho Bank

MUFG

UAE Federal Ministry of Infrastructure Development

Federal Authority for Nuclear Regulation (FANR)

Government of Dubai Department of Finance

King Faisal Specialist Hospital & Research Centre (Saudi Arabia)

Ministry of Health (Saudi Arabia)

Ministry of Environment, Water and Agriculture

Riyadh Development Authority

Vision Invest (formerly ACWA Holding)

International Finance Corporation (IFC)

Abu Dhabi Islamic Bank (ADIB)

Abu Dhabi Commercial Bank (ADCB)

Arab Petroleum Investment Corporation (APICORP)

Commercial Bank of Dubai

Al Ahli Bank of Kuwait (ABK)

National Petroleum Construction Company PJSC

Rabigh Refining Petrochemical Company

DP World

FAST consortium (FAST)

Work highlights

  • Advising the UAE Federal Ministry of Infrastructure Development on a review of the current PPP legislative and regulatory framework and engaging with stakeholders on how this framework might change.
  • Advising lenders (six banks) to a consortium bidding for the Al Wakra Independent Sewage Treatment Project in Qatar.
  • Advised Apicorp on a project finance facility for SirajPower to expand its portfolio of distributed solar energy projects across the Middle East.

Stephenson Harwood

Stephenson Harwood displays strong cross-border capabilities and advises on energy and infrastructure projects in the UAE, the Middle East and sub-Saharan Africa. Sean Angle, Salem Chalabi and Toufic Safie are noted.