Finance
Our award winning finance team has an outstanding reputation for delivering on complex projects throughout the Middle East , Africa and globally . We pride ourselves on our ability to deliver innovative financing solutions to meet the commercial needs of our clients .
Our team has extensive experience of advising on large scale ECA financings in the region , and we have advised on financings involving all themajor ECAs that are active in the energy and infrastructure sector ( including most recently advising on JBIC ’ s first mini-perm financing for a renewables project financing ). In addition our team has significant , and widespread experience of advising on Islamic finance deals throughout the Middle East region . We have worked with Islamic banks , Shari ’ a committees and financial advisers on some of the most prominent Islamic finance transactions in the region . Our deeprooted knowledge and understanding of : ( i ) Islamic finance structures , ( ii ) Shari ’ a committee requirements and ( iii ) how to ensure that conventional and Islamic finance parties work together in a collaborative way , means that we can immediately add value to the financing process ( including in relation to structuring issues ).
We advise clients in all major industry sectors , including :
• Power ( conventional and renewable energy )
• Oil and gas
• Government and public sector ( PFI / PPP )
• Mining and metals
• Real estate and construction
• Petrochemicals
• Refinery
• Transport infrastructure
• Water and waste
• Facility E IWPP — Marubeni Corporation and Kyushu Electric consortium with respect to its bid for the Facility E 2.3 GW and 100 MIGD IWPP in Qatar
• Saad 300 MW IPP — Lenders to the Jinko Power-led consortium as the preferred bidder for the Saad 300 MW IPP in Saudi Arabia , being one of four deals being tendered under the latest round of REPDO renewables
• Wadi Ad Dawasir PV IPP — TotalEnergies and Tamasuk consortium as the preferred bidder for the Wadi Ad Dawasir IPP in Saudi Arabia , being one of four deals being tendered under the latest round of REPDO renewables
• Zuluf WTP — Lenders to a bidding consortium for the Zuluf WTP in Saud Arabia
• Ras Tanura IWWTP — Lenders to a bidding consortium for the Ras Tanura WTP in Saud Arabia
• Mirfa 2 IWP — Acciona Agua regarding its bid for the Mirfa 2 IWP in Abu Dhabi ( UAE )
• Al Kharsaah IPP — Marubeni Corporation and Total regarding the development , implementation and financing of the 800.15 MW Al Kharsaah Solar PV Independent Power Project in Qatar . Al Kharsaah reached financial close on 22 July 2020 notwithstanding COVID-19 related impediments and complications .
• REPDO 2 Category B 1.4 GW solar PV IPPs — Marubeni Corporation and Al Jomaih Energy and Water Company , as top short-listed bidder for one of the four solar PV projects ( namely the Rabigh 300 MW solar PV IPP ) being tendered under this second round of the Saudi Arabian National Renewable Energy Program
• Hassyan 120 MIGD Reverse Osmosis IWP — consortium of international and regional lenders in support of Utico ’ s project financing ( as winning bidder ) for the 120 MIGD Hassyan IWP
• Alcazar Energy Partners — development and financing of four 50 MW solar projects in Round 2 of Egypt ’ s solar feed-in-tariff programme
Principal Contacts
Oliver
Irwin Partner , London
Shayan Najib Senior Associate , Dubai bracewell . com