The joint projects and real estate team at A&O Shearman acts for both lenders and borrowers in a broad range of project financing deals. The practice excels in all types of renewable energy matters, including onshore and offshore wind farm development, solar parks, hydrogen, geothermal, water and biogas installations. Conventional energy issues, data centre developments and financing as well as infrastructure and transport are also key areas for the firm. Leon Hoppenbrouwers, Zeeger de Jongh, Jochem Spaans, Werner Runge jointly lead the practice. PPP expert de Jongh is well versed in advising construction and data centre companies and is also skilled in renewables projects. Advisor and litigator Spaans focuses on environmental law and has recently assisted with energy and industrial projects, while Runge works on a range of financing and project financing transactions. Grace McLeish, Koen de Wit and Cees van Ginneken assist on all matters related to banking and finance.

Clifford Chance is a leading firm for project financing and PFI matters. The energy and infrastructure group advises on large projects, covering the financing, construction, regulation, offtake agreements and tenders. The team has assisted on numerous projects from multiple sectors including banking, data centres, construction and energy. Digital infrastructure financing is also a significant focus of the firm. Primarily advising energy firms, banks, lenders and sponsors, Hein Tonnaer is an expert when it comes to renewable energy, while Liesbeth Buiter advises on renewables for utility companies, lenders, sponsors and project companies. Angela McEwan specialises in banking and secured finance; Nanette Rutgers is particularly knowledgeable on Dutch law issues related to secured lending; and Mike Niekoop is a go-to practitioner for renewables, aviation and infrastructure finance. Philip Walsh was promoted to counsel in May 2023 and is experienced in advising on both Dutch and international project and portfolio financings as well as complex PPA structures.

Norton Rose Fulbright specialises in infrastructure and accommodation projects, with a focus on the power and renewable energy industries. The team regularly assists on both international and domestic PPP projects and continues to be a driving force of PPP transactions in the Netherlands. As a go-to for projects regarding biomass power plants, solar energy parks, wind farms and tank storage terminals, the team stands out for its skills in advising on the life cycle of a project, from construction contracts to management agreements and financing. Notably, it has recently advised lenders on hybrid financing of a bioplastics plant and has continued to expand into other inventive plants involving biofuels and hydrogen. Wouter Hertzberger chairs the team alongside Daphne Broerse. Hertzberger leads on structured finance transactions and project finance related to energy and infrastructure, while Broerse combines her background in administrative and civil law to advise private companies and government authorities on large-scale energy, infrastructure and commercial developments. She has also been actively involved in offshore wind projects. Joris Ravelli is experienced in advising on data centre projects.

The project finance group at Stibbe advises a myriad of international companies on banking, infrastructure, energy, transport and mining project financing matters. The team includes experts in banking, construction, procurement and regulatory issues, enabling it to regularly assist with major PPP projects as well as innovative energy projects. Real estate specialist David Orobio de Castro is well versed in PPP, PFI and DBFMO issues, while Martin In de Braekt leads on energy and industrial matters. Ingmar de Groot is the go-to for construction and infrastructure expertise; Rein van Helden routinely acts for financial institutions and corporate clients; and Marieke Driessen is a key contact for financing deals.

The dedicated project finance team at Bird & Bird is highly skilled in advising local financial institutions, investors and borrowers on financing deals involving wind, solar, data centres and bio-based recycling. Its sector-focused approach allows the firm to utilise its expertise in digital infrastructure, energy and utilities to advise clients on complex projects and transactions. Practice head Roger Van Buuren leads on issues related to bio-based materials, optic fibre, data centres and renewable energy. Construction specialist Andrea Chao advises on infrastructure-related matters, while Paul Waszink assists on wind and solar transactions.

Specialising in financing, Dentons advises major Dutch banks as well as international financial institutions on project and energy financing. Although the practice is known for advising lenders, it has been steadily growing its reputation for assisting borrowers. Both sides seek out the firm for its project financing skills in export, trade and commodity finance deals. Practice head Marcel Janssen focuses on project and energy finance, leading on key cross-border asset and structured finance transactions. Jan Jakob Peelen is noted for his expertise in energy issues, while Gerard Koster assists on all finance-related matters.

HabrakenRutten utilises its strong background in infrastructure and construction to advise on the project finance of large-scale infrastructure projects. Based in Rotterdam, the firm is able to advise on major PPP projects including national motorways, rail and wet infrastructure. Peter Habraken and Henk Raven co-lead the team: Habraken is well versed in successful refinancing during project phases, while Raven is known for creating contracting strategies in line with financial requirements of complex projects. Sander Simonetti has expanded the firm's capabilities with his expertise in sustainable energy projects. Anna Kaptijn is also noted.

NautaDutilh has recently been active in key Dutch PPP projects. Its practice covers a range of renewable energy, infrastructure and real estate project financing, and it is often sought out by US and UK law firms to assist on Dutch-related banking and finance matters. As such, the firm is constantly engaged in a number of high-profile transactions. Jaco Belder chairs the team from Rotterdam; he advises on major PPP projects and is experienced in advising both lenders and borrowers in real estate financing transactions. Finance specialist Erik Geerling co-chairs the team alongside Belder.

Pels Rijcken & Droogleever Fortuijn NV specialises in advising the state of the Netherlands on all its major PPP projects, including infrastructure, energy and accommodation issues. The team is routinely mandated by public authorities such as the cities of Amsterdam and Rotterdam, the provinces of Noord-Holland and Linburg, as well as the Dutch Central Bank for PPP and PFI deals. It also advises the state on guidelines for the new two-phase contract and is actively involved in projects regarding this new contract. Practice head Mark Birnage is an expert in procurement and contracting of PPP projects and concessions, DBFMO contracts and innovative contract forms. He is also a member of the Dutch council of the International Project Finance Association (IPFA). DBFMO projects are also handled by Jeanile Weyne, who is a construction law specialist.

Boutique firm Stek combines its knowledge of financial and project documentation with its regulatory expertise to advise clients on energy-related project financing. Advising lenders and funds, the team focuses on energy legislation issues including electricity, heat and gas as well as renewable energy projects involving biomass, solar, wind and geothermal matters. Sharon Kaufmann and Herman Wamelink focus on all finance aspects of projects; Jan Erik Janssen provides regulatory expertise; and Claudia Beele, Coen Thomas and Reijnoud Homveld are all specialised in contract issues and M&A.

AKD boasts an impressive construction and real estate practice, allowing its project finance and PFI team to advise on all aspects of real estate and construction-related projects. The firm has bases across the Benelux region and as such is well equipped to assist with cross-border issues. The team is also adept at advising on the energy sector and is experienced in solar projects and offshore energy issues. Marc Wintgens is a key contact for project finance and project development matters; Taco de Lange excels in real estate-related project financing; and Marjolein Dieperink focuses on energy projects.

Specialising in all areas related to lending, DLA Piper‘s banking and finance practice is well versed in project financing, and its international office network makes it a popular choice for cross-border transactions. The team is particularly focused on renewable energy and infrastructure project finance. Gerard Kneppers leads the energy practice and is sought out for his skills in renewable energy transactions. Stefanie Postema assists Kneppers on all issues, advising on the structuring, documentation and implementation of transactions and project documentation.

Houthoff represents sponsors and lenders in Dutch and cross-border projects, particularly those involving the financing and refinancing of large infrastructure investments. The team is led by Jessica Terpstra, who is based in London but regularly splits her time between London and Amsterdam. Terpstra focuses on international financial transactions and is particularly adept at real estate financing. In Rotterdam, Michel Klijn is well versed in numerous contract types including DBFMO and EPC, and advises on construction, infrastructure and energy-related matters.

Based within the real estate practice at Van Doorne, the project finance team assists with project development, construction, commercial and residential property transactions. The team regularly acts for lenders in various real estate financing transactions. Despite its focus on real estate, the team is also known for its work in the healthcare sector, where it largely assists local hospitals with public sector financings. Angelique Thiele and Roel Botter co-lead the practice from Amsterdam. Thiele specialises in property and project financing, while Botter has a track record in advising on leveraged financing.