Infrastructure & Project Finance
Afridi & Angell has a strong reputation in providing project finance advice, and is actively engaged in project development and finance, particularly in emerging markets, representing developers, lenders and other participants.
Our lawyers are prepared to view any transaction from the unique perspective of our clients, with a view to minimising the risks assumed by the client, by examining the risks inherent to the project and proposing a framework to allocate risks to the parties best able to bear them.
Governments in the Middle East and Asia demand different levels of intervention and control in contracts, depending on the local perceptions of the roles of the government and private sector in the delivery of public services. This affects the risk profile and available returns for investments from country to country. We provide our experienced advice to non-domestic investors on the level of influence they will have during pre-tender stages and the competitive process.
Likewise, governments across the globe face similar challenges finding solutions which are unique to their own national environment. We offer key legal advice that is informed by the region and neighboring countries in which we operate, as well as the requirements of international project finance.
Our project finance lawyers have been advising clients on every facet of complex energy, transport, social, environmental and tourism infrastructure and process plant projects for over thirty years in the region and neighboring countries. We have represented the whole range of project clients including funders, project developers, utilities and their non-regulated affiliates, vendors, governmental entities as hosts as well as co-investors under BOT, BOO, PPP and related models.
The firm advises on risk allocation and financing techniques and issues involving direct foreign investment, such as exchange and repatriation controls, nationalization and expropriation and political risk insurance, export and import lending issues and programs of the World Bank, the Islamic Development Bank and the Asia Development Bank and other multilateral institutions designed to facilitate trade, investment and development.
Afridi & Angell has substantial experience negotiating and preparing the principal concession, financing and security package documents for such projects, including refineries, oil, gas and other natural resources projects, independent private power projects, fertilizer and cement factories, hotel development projects, textile mills, shipbuilding and other infrastructure projects.
What do we do?
- Structuring project development and project financing transactions.
- Drafting, reviewing and negotiating project development, concession and financing documentation.
- Advising on independent power projects.
- Advising on independent water and power projects.
- Advising on oil and gas projects.
- Advising on procurement strategies.
- Advising on risk allocation.
- Advising on real estate, environment and planning.