As diverse, more sophisticated players enter the market, project financing is getting more intricate and complex. In this environment, our multi-skilled team of finance lawyers provide tailor-made finance solutions that are commercially viable, bankable and future-proof.
Supported by our experts in planning, construction, corporate, tax, real estate, restructuring and insolvency, and dispute resolution, we work on single project, multimillion dollar financings and refinancings through to large scale portfolio and multibillion dollar projects across North America, South America, Africa, Europe and Asia. We regularly top league tables for project finance transactions, particularly in Europe and add demonstrable value in project financings in our core sectors of energy and transport plus their related infrastructure, where we combine our sector knowledge and finance expertise into viable solutions for our clients’ projects.
We advise lenders, DFIs and IFIs, credit support agencies, governments and public bodies, sponsors, developers and contractors – a client list which gives us a 360-degree view of the key commercial drivers and considerations for all stakeholders. A strength is our ability to support new and innovative activities such as the first project financing of a subsidy-free solar park in Italy and the first construction financing via project bonds of a UK offshore wind farm.
While 2020 proved to be a challenging year for offshore oil and gas markets, the same cannot be said about offshore renewables, which saw substantial growth. Offshore renewable projects achieved an estimated record project sanctioning of US$56bn, which, for the first time, represents a higher amount than offshore oil and gas.
On 10 June 2021, the German Parliament (Bundestag) adopted the Act on the Implementation of the Digitalisation Directive (Gesetz zur Umsetzung der Digitalisierungsrichtlinie, DiRUG) of the European Union, setting the framework for the online formation and registration of branches of new businesses in Germany.
We advised Helios Energy Investments on the refinancing of an existing mezzanine loan agreement relating to a 96 MW photovoltaic project acquired from Cobra Group in 2019.
