Energy & Projects Finance

Our energy and project finance team has extensive experience in both local and cross-border finance transactions. We act on behalf of developers, borrowers and financiers in various industrial sectors including renewable energy and infrastructure projects. Our experience includes also secured and unsecured facilities, project and infrastructure finance, syndicated and bilateral facilities, and subordinated debts.

Sample of Recent Experience:
  • Advising - with DLA Piper- GS Engineering & Construction Corporation on the settlement with ERC on finance restructuring of Egypt's largest oil refinery project in a value of USD 500 million. The project is a green-field refinery with investment cost of more than USD 4 billion and is expected to produce 2.25 million tons of diesels, 80,000 tons of butane gas and 600,000 tons of jet fuel.
  • Representing Saudi Arabia group Alhokair, one of the few developers who succeeded to sign the power purchase agreements for round 1 of the Feed-in-Tariff project in Benban - Upper Egypt. We advised the developer from the first beginning of the project starting from assisting the client to prepare for the prequalification stage, going through reviewing and negotiating the project agreements (PPA, CSA and Direct Agreements), negotiating and reviewing the finance documents as well as opining on the securities up until successfully reaching financial closure.
  • Advising the consortium of China Railway Group Limited & AVIC International Holding Corporation in relation to the 10th of Ramadan Railway Project. We provided our legal support in relation to the EPC Contract with National Authority for Tunnels (“NAT”) at a total value of $1.2 billion. We also advised AVIC on the construction agreements with the subcontractors; the subcontractors consist of a consortium of Egyptian construction firms, including the Holding Company for Roads, Bridges and Land Transportation Projects and Orascom Construction.
  • Advising Airport City Real Estate Co. on their EPC contract with a Chinese contractor for Plant and Design-Build of King Abdulaziz International Airport City Project – Phase 1 (Shopping Mall) in Jeddah City, Saudi Arabia.