Dentons represents both lenders and borrowers in project finance transactions, regularly acting for Dutch banks, international financial institutions and energy companies. The practice is led by Marcel Janssen and Jacqueline Bell. Janssen is highly knowledgeable in energy sector project finance matters, handling cross-border deals involving battery storage and electric vehicle charging infrastructure. Bell regularly advises lenders on borrowing base financings and transport sector transactions. Gerard Koster is a further key contact regarding the project financing of battery energy storage system assets.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Dentons banking team demonstrated a very professional and efficient approach in their role as lenders’ counsel. Overall, they showed strong coordination skills, attention to detail, and a pragmatic attitude that contributed positively to the transaction.’
  • ‘Marcel Janssen is a very experienced partner who manages the process with authority and balance. He ensures that discussions remain constructive and that documentation is progressed efficiently.'
  • 'Gerard Koster took the lead in drafting the senior facility agreement and did so with great precision, clarity, and pragmatism, which was essential to moving the transaction forward smoothly.'
  • 'Frits Miedema provided thorough and well-prepared support as an associate, contributing clear drafting and attention to detail.’
  • ‘The team knows a lot about battery storage financing and bespoke financing structures.’
  • ‘Marcel Janssen is a very commercially oriented partner, looks for solutions in case of road block. Gerard Koster is proactive and has clear communication.’

Key clients

  • Giga Storage
  • Macquarie Capital
  • Rabobank
  • Dispatch Grid Services
  • Geothermie Delft B.V.
  • ING Bank
  • Triodos Bank
  • A.s.r. Bank
  • Nederlandse Waterschapsbank (NWB Bank)
  • Triodos Investment Management
  • Stichting Groenfonds
  • Nationaal Groenfonds

Work highlights

Advised a consortium of 6 banks (Rabobank, ING, Santander, Triodos, ASR and ABN AMRO) as lenders counsel on the Project Mufasa.
Represented Cooperatieve Rabobank U.A. and Nederlandse Waterschapsbank N.V. as lenders counsel in the project financing of a large Geothermal Project in Delft, the Netherlands.
Advised Giga Storage on the development of several large-scale energy storage projects including Giga Giraffe and Giga Lion, as well as regulatory work on Giga Leopard.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Marcel Janssen; Jacqueline Bell

Other key lawyers

Gerard Koster; Frits Miedema