Faisal Adnan Baassiri Law Firm in association with Ashurst LLP‘s work spans the petrochemical sector, renewable power plant development financings and facility privatisations, and includes roles on major national transport and infrastructure projects, alongside advising on corporate, commercial and financial matters arising in the context of megaproject developments. Practice head Bilal Rana has a background in both general and Islamic finance as well as PPPs.
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Key clients
- National Centre for Privatization and PPP
- Lenders to the TAQA/JERA/Al Bawani consortium
- Abu Dhabi National Energy Company (TAQA)
- ACWA Power Company
Work highlights
Advised a consortium of commercial Lenders in relation to a bid submitted by TAQA and JERA for the financing portion of a project run by SATORP in the Kingdom of Saudi Arabia seeking to develop, design, construct, operate and maintain a greenfield industrial steam and electric cogeneration plant close to Jubail in the Eastern Province of the Kingdom of Saudi Arabia.
Advised a consortium of Saudi lenders in connection with the financing of an industrial steam and electricity cogeneration plant to be developed by a joint venture company owned by TAQA and JERA.
Lawyers
Leading partners
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Practice head
Bilal Rana; Faisal Baassiri; David Charlier; Joss Dare