‘Among the standout financing firms’, Bezen & Partners is a popular choice for multilateral development banks, with the EBRD and Asian Infrastructure and Investment Bank among its representative clients. The group also acts for project owners and borrowers, with strong recent experience in the energy and natural resources, infrastructure and real estate spheres. UK-qualified founding partner Yeşim Bezen is recognised for her expertise in banking, structured finance and project finance transactions and co-heads the department alongside fellow transactional specialist Banu Bölükemini. Aykut Bakırcı spearheads the regulatory side of the practice.
Project finance/projects in Turkey
Bezen & Partners
Praxisleiter:
Yeşim Bezen; Banu Bölükemini
Weitere Kernanwälte:
Aykut Bakırcı; Elvin Erbilgin
Referenzen
‘One of a handful of excellent domestic Turkish firms and among the standout financing firms, while remaining competitively priced.’
‘The team is responsive, capable and understands the importance of value for money.’
‘Banu Bölükemini and associate Elvin Erbilgin are very competent.’
Kernmandanten
European Bank for Reconstruction and Development
Akfen Holding
Meridiam
Rönesans Holding
Hitachi Zosen Inova
PNE Wind, and its subsidiaries
Absa Bank Tanzania
Asian Infrastructure Investment Bank
Akfen Gayrimenkul Yatırım Ortaklığı
Eren Holding
Modern Karton Sanayi ve Ticaret
Medcem Madencilik Yapı Malzemeleri Sanayi ve Ticaret
PNC Bank
Pronet Güvenlik Hizmetleri
Highlight-Mandate
- Advised Modern Karton on a Hermes- and Sinosure-covered €350m financing from ING and DZ Bank for the supply of goods and services from China and Germany regarding a paper mill construction project in Turkey.
- Advised Akfen Holding on various financings executed by various affiliates for hotel investments in Turkey, Northern Cyprus and the CIS.
- Advised the EBRD on a project financing for Turkish food company Yayla Agro.
Çakmak Attorney Partnership
Highlighted for its ‘exceptional expertise and experience in projects’, Çakmak Attorney Partnership is widely revered as a force in the market. Equally adept at representing lenders and sponsors, the group packs a punch across the full projects life cycle, from development and construction, through to financing and dispute resolution. Mesut Çakmak is a go-to expert for large-scale projects and co-heads the group together with energy and infrastructure specialists Mustafa Durakoğlu and Zeynep Çakmak. The deep bench also draws on Gökhan Okan, who joined in February 2023 from Verdi Hukuk Bürosu, next-generation partner Ayşe Eda Biçer Özen, and associate Nazli Başak Ayık.
Praxisleiter:
Mesut Çakmak; Zeynep Çakmak; Mustafa Durakoğlu
Weitere Kernanwälte:
Gökhan Okan; Ayşe Eda Biçer Özen; Nazlı Başak Ayık
Referenzen
‘Exceptional expertise and experience in projects and project finance work, particularly PPP/BOT projects. It advises on the full project cycle, including development, financing, construction, operation and disputes. Lawyers are commercial, punctual, detail-oriented and easy to work with.’
‘Mustafa Durakoğlu is very experienced in complex projects, including negotiations with governmental entities, and has substantial experience in development, financing, construction and operation matters. He is responsive, punctual and provides sound legal advice. We find it easy to work with him.’
‘Associate Selin Erten Yaşar is easy to reach and helpful whenever needed.’
Kernmandanten
ERG Group
Ceska Exportni Banka
Rönesans Holding
Rönesans and Sonatrach Joint Venture
Garanti BBVA and Bayerische Landesbank (BayernLB)
Çelikler Holding
Gama Holding and Türkerler
Sumitomo Mitsui Banking Corporation, The Bank of Tokyo-Mitsubishi UFJ, Siemens Bank and Banca IMI
International Finance Corporation
Landesbank Baden-Württemberg and KfW IPEX-Bank
Highlight-Mandate
- Advising Gama Holding and Türkerler, as the sponsors, on the restructuring of the existing loan facilities extended for the construction and operation of the 2,060-bed İzmir Bayraklı and 1,180-bed Kocaeli Integrated Health Campus projects, tendered out by the Ministry of Health on a PPP basis.
- Advising a joint venture of Rönesans and Sonatrach on a petrochemical project in Adana, Turkey.
- Advising ERG, a Turkish conglomerate, on the financing, construction, operation and maintenance of the Ankara-Niğde Motorway Project.
CIFTCI Attorney Partnership in association with Clifford Chance
CIFTCI Attorney Partnership in association with Clifford Chance houses a dominant projects group, which routinely advises on sophisticated, often cross-border, projects in the infrastructure, healthcare, and energy and natural resources spheres. Particularly acclaimed for its finance prowess, the group additionally represents an impressive roster of government bodies, sponsors, investors and others on project development, secondary market transactions, and energy trading matters. Next-generation partner Sait Eryılmaz ‘effectively finds solutions’ and heads a group that also includes talented counsel Gökçe Uzun. Also providing support are associates Başar Kırka, Ali Can Altıparmak and Pelinsu Demircan.
Praxisleiter:
Sait Eryılmaz
Weitere Kernanwälte:
Gökçe Uzun; Başar Kırka; Ali Can Altıparmak; Pelinsu Demircan; Sida Özler
Referenzen
‘We worked with the team on structured facilities as sponsor/borrower counsel. The team has been very helpful in getting the workstreams moving, with rapid response times, and thorough support on side-matters arising from the market. Billing and cost-management was transparent and reasonable.’
‘The team led by Sait Eryılmaz, which included Başar Kırka and associate Pelinsu Demircan, provided hands-on advice, always within reach for any ad-hoc support needed. Team expertise in benchmark examples and knowledge of LMA standards supported the successful closing.’
‘The team is very professional, dedicated, client-oriented, open to communication and accessible at any time.’
Kernmandanten
UKEF
TAV Havalimanları Holding
Rönesans Holding
Barclays
Credit Suisse
Standard Chartered Bank
Leading Turkish banks: Ziraat Bank, Akbank, Yapı Kredi, İşbank, Garanti BBVA, Türkiye Sınai Kalkınma Bankası, Denizbank, QNB Finansbank, Türkiye Kalkınma ve Yatırım Bankası
FMO
TAV Tunisie
EBRD
IFC
Actis
Invest International
Arçelik
TurkExim Bank (Türkiye’s official export credit agency)
SOCAR
KfW IPEX-Bank
Emirates NBD
Export Development Canada (EDC)
Citibank
Fraport AG Frankfurt Airport Services
AIIB
China Development Bank (CDB)
Türkiye Wealth Fund
ICBC
Uludag Energy
Highlight-Mandate
- Advising JP Morgan and the lenders on the ECA-backed financing of the Mersin-Adana-Osmaniye-Gaziantep high-speed rail project.
- Advising the joint venture of airport operators TAV Havalimanları Holding and Fraport Frankfurt Airport Services Worldwide on project development, structuring, EPC and O&M aspects, and a €1.2bn bridge financing, regarding the renewal of operational rights for Antalya Airport in Turkey.
- Advising Ziraat Bank, Akbank, Yapı Kredi and İşbank on the secured syndicated financing of the Aydın-Denizli Motorway Project.
Hergüner Bilgen Üçer Attorney Partnership
Noted for its illustrious record in large-scale projects, Hergüner Bilgen Üçer Attorney Partnership has a hand in many of the country’s most high-profile matters. Most notably, firm co-founder Ümit Hergüner is leading the projects advice to South Stream Transport on the region-shaping TurkStream pipeline, which will connect Russian natural gas reserves to Turkey and to Europe. Other key names include managing partner Senem Denktaş, who specialises in PPPs; transactional banking and finance head Piraye Kuranel Başol; and projects and infrastructure partner Aslı Budak. Finance-focused senior associate Sertaç Coşgun recently joined from Güner Law Office.
Praxisleiter:
Ümit Hergüner; Senem Denktaş; Piraye Kuranel Başol; Aslı Budak
Weitere Kernanwälte:
Sertaç Coşgun
Referenzen
‘The team is highly capable and dedicated to the projects.’
‘Individuals are expert in their fields and most of the time their dedication creates effective results.’
Kernmandanten
Istanbul Metropolitan Municipality
South Stream Transport
EBRD
Dubai Port World
Fraport TAV Antalya Terminal İşletmeciliği Anonim Şirketi
Export Development Canada
U.S. International Development Finance Corporation
IFC
EIB
K-Exim
K-Sure
BSTDB
DEG
İş Bankası
Highlight-Mandate
- Representing South Stream Transport in the TurkStream pipeline project, which is a major regional energy infrastructure project that connects Russian natural gas reserves to Turkey and to Europe.
- Representing EBRD, IFC, BSTDB, DEG and a group of commercial banks, as the project lenders, on the Ankara Etlik project, involving the construction and operation of an integrated health campus in the Etlik region of Ankara.
- Advising DP World Yarımca, as the owner, on every phase of the construction of a new container port in Yarımca.
ASC Law Office
‘Swift, responsive and easily accessible’, ASC Law Office’s project finance and infrastructure investments group specialises in representing debtors, sponsors and lenders across all core energy and infrastructure sectors. The team’s robust position in the area was recently evidenced by its takeover of Istanbul Grand Airport’s entire legal portfolio. Co-founding partner Okan Beygo steers the practice with strong support from increasingly prominent banking and finance specialist Levent Yetkil and finance partner Fulya Sert Topçu.
Praxisleiter:
Okan Beygo; Levent Yetkil
Weitere Kernanwälte:
Fulya Sert Topçu; Merve Mert
Referenzen
‘ASC stands out for its prompt, responsive, and accessible services, providing tailored solutions aligned with clients’ commercial interests. Our experience with ASC’s services has been extraordinarily satisfactory in banking finance, project finance, energy, and more in Turkey.’
‘ASC’s core competencies are backed with its team’s specialisation in banking and finance with a best-in-class offering of unique insights and solutions. ASC handles complex legal challenges quite successfully as they are adaptive to changing legal landscapes.’
‘Our collaboration with ASC has been with Levent Yetkil and Fulya Sert Topçu. They both stand out for their robust experience, quick feedback, and strong negotiation and legal drafting skills. ASC is exceptionally dedicated to providing advice with a problem-solving mindset at any time of the project.’
Kernmandanten
T.C. Ziraat Bankası
Türkiye Sınai Kalkınma Bankası
İGA Havalimanı İşletmesi
Highlight-Mandate
- Advising İGA Havalimanı İşletmesi on various matters, including issues related to the airport’s €5.6bn facility agreement.
- Advising a Turkish bank on securing an additional €33.5m financing for an airport project in Mersin, which follows a build-operate-transfer model with a complex concession agreement.
- Advising a prominent German bank on an ECA finance facility transaction in the wind power industry, valued at approximately €17m, for the construction of a wind power plant in Turkey.
Ergün Avukatlik Bürosu
Founded in 2016, Ergün Avukatlik Bürosu has quickly established itself as a key player in the field on the back of its ‘extensive knowledge of the project finance market in Turkey’. Distinguished by its close relationships with a broad range of lenders, government entities, project companies and investors, the group contributes particularly strong experience in the energy, transportation and healthcare spheres. Çağdaş Evrim Ergün is widely regarded as a leader for projects and PPP work and co-heads the practice alongside managing partner Burcu Baltacıoğlu.
Praxisleiter:
Çağdaş Evrim Ergün; Burcu Baltacıoğlu
Weitere Kernanwälte:
Tuğba Aksoy Bozkurt
Referenzen
‘The firm and its lawyers are super responsive. Its advice is always spot on and lawyers have a clear knowledge of the Turkish market. The team always comes up with pragmatic and deal-oriented advice that helps solve any potential issue.’
‘The team is exceptional. Çağdaş Evrim Ergün knows the market very well. Partner Burcu Baltacıoğlu and senior associate Tuğba Aksoy Bozkurt are also key players within the team.’
‘Çağdaş Evrim Ergün is head and shoulders ahead of other advisers in the project field. He is calm, clear in his advice, and a joy to work with. I would rate him as the best adviser on PPP projects and related documentation in Türkiye.’
Kernmandanten
Bankinter
CaixaBank
JPMorgan Chase Bank
UBS Switzerland
Bpifrance
Türkiye İş Bankası
Türkiye Sınai Kalkınma Bankası
Türkiye Kalkınma ve Yatırım Bankası
ISS Tesis Yönetim Hizmetleri
Dumlupınar Sağlık Hizmetleri
Güriş Holding
Güriş İnşaat ve Mühendislik
ADN PPP Sağlık Yatırım
BRS Sağlık Yatırım
Elz Sağlık Yatırım
YZG Sağlık Yatırım
Gaziantep Hastane Sağlık Hizmetleri İşletme Yatırım
QNB Finansbank
T.C. Ziraat Bankası
Türkiye Halk Bankası
Türkiye Vakıflar Bankası TAO
Meridiam Eurasia
GZT Healthcare Investment (which is a subsidiary of Rönesans Sağlık Yatırım)
Fernas Otoyol İşletmesi
Fernas İnşaat
Nakkaş Otoyol ve Yatırım İşletme
RNS PPP Altyapı Ticaret
Meridiam
Japan Bank for International Cooperation
Sumitomo Mitsui Banking Corporation
MUFG Bank
Standard Chartered Bank
The Dai-ichi Life Insurance Company
Iyo Bank
Shinkin Central Bank
Ministry of Environment, Urbanisation Climate Change
Turkish Environment Agency
The Economic Cooperation Organization Trade and Development Bank
Credit Suisse
Highlight-Mandate
- Advised the project company (Gaziantep Hastane Sağlık Hizmetleri İşletme Yatırım) and the sponsors (Meridiam Eurasia and GZT Healthcare Investment) on the successful financial restructuring of the Gaziantep Health Campus public-private partnership (PPP) project.
- Acted as Turkish law counsel to the lenders (Bankinter, CaixaBank, JPMorgan Chase Bank and UBS Switzerland) on financing the construction of a petrochemical plant for the production of purified terephthalic acid in Adana, Turkey.
- Advised the sponsors (Güriş Holding and Güriş İnşaat ve Mühendislik) and the borrower (Dumlupınar Sağlık Hizmetleri) on the financing of the Kütahya City Hospital PPP.
Esin Attorney Partnership, Member Firm of Baker & McKenzie International, a Swiss Verein
As evidenced by its multinational client list, Esin Attorney Partnership, Member Firm of Baker & McKenzie International, a Swiss Verein’s team forms a key part of the wider firm’s global projects offering. The group acts for an array of domestic and international lenders and energy, mining and infrastructure companies on the full scope of related work, including project development, financing and operational matters. Muhsin Keskin spearheads the overarching banking and finance department. Finance specialist Simon Morgan recently relocated from Baker McKenzie‘s Moscow office. Since publication, Nigar Gökmen left the firm.
Praxisleiter:
Muhsin Keskin; Simon Morgan
Referenzen
‘Each member of the Esin team has a strong educational background and is specialised in their field, with up-to-date experience. Yet, lawyers proactively engage other team members with different specialisations that they feel will contribute to the service provided.’
‘Esin’s international reach is highly extensive and involves competent external lawyers and consultants whenever required. Esin’s team displays strong interpersonal skills and their overall leadership in any undertaking is exemplary.’
‘Muhsin Keskin is an outstanding partner in project finance and projects in Turkey.’
Kernmandanten
SACE (Italian Export Credit Agency)
Euler Hermes
UK Export Finance
Enerjisa Enerji Üretim
Ferrovial Aeropuertos España
OYAK (Turkish Military Pension Fund)
Erdemir Madencilik
Ataer Holding
Proparco
Standard Chartered Bank
ING Bank
Intesa Sanpaolo
Yapı ve Kredi Bankası
Türkiye Sinai Kalkınma Bankası
Türkiye İş Bankası
Agence Française de Développement (AFD)
Anagold
Socar Türkiye
RWE & Turcas Guney Elektrik Üretim
Alacer Gold
IC Ictas Insaat Sanayi ve Ticaret
Çalık Enerji
YDA Havalimanı Yatırım ve İşletme Anonim Şirketi
Highlight-Mandate
- Advised three Turkish construction companies on their projected investment in Africa as the EPC contractor of the Kampala-Jinja Expressway tendered out by the Uganda National Roads Authority.
- Advised YDA Havalimanı Yatırım ve İşletme Anonim Şirketi on the construction and operation of licence-exempt energy generation facilities, including EPC contracts, and operation and maintenance contracts.
- Advised Türkiye Petrolleri on a $368.8m Eksportfinansiering Norge/ECA-backed term loan facility provided by Citibank to finance the development of Phase I of the Sakarya Gas Field Development project.
GKC Partners (in professional association with White & Case)
GKC Partners (in professional association with White & Case)’s projects group impresses sources with its ability to provide ‘great commercial contributions’. Striking a balance between lender and sponsor-side mandates, the team’s recent experience spans the transportation, healthcare, and energy and natural resources sectors. Managing partner Güniz Gökçe anchors the practice and is noted for her particular expertise in cross-border financings. The group also includes up-and-coming projects specialist Ateş Turnaoğlu, banking and finance partner Gökçe Uluç and senior associate Baran Abur.
Praxisleiter:
Güniz Gökçe; Ateş Turnaoğlu
Weitere Kernanwälte:
Gökçe Uluç; Baran Abur; Aybike İplikçi; Kaan Alkan
Referenzen
‘The team is comprised of very experienced and dedicated individuals. Lawyers are easy to reach and very very punctual, even for complex issues. With its experience in many other transactions, the team not only provides legal assistance to the projects but also makes great commercial contributions.’
‘All of the members of the team are excellent. Very experienced, easy to communicate with, dedicated and oriented towards problem-solving.’
‘GKC Partners can cover both international and local counsel roles in a single project, which makes the process smooth and efficient for clients and shortens delivery time in most cases. It has the capability to address the needs of many clients in a single deal and prepares exceptional-quality work.’
Kernmandanten
SASA Polyester Sanayi
Güriş İnşaat
Enerjisa Enerji Üretim
Deutsche Bank
Akbank TAŞ
T.C. Ziraat Bankası
IFC
EBRD
AIIB
Borusan EnBW Enerji Yatırımları ve Üretim
Türkiye Sınai Kalkınma Bankası (TSKB)
Highlight-Mandate
- Represented Enerjisa Üretim on the $102m Export Credit Agency-backed commercial green financing provided by HSBC Group for the development of the Erciyes wind power plant and solar hybrid power plants.
- Advised SASA Polyester on a €583m CESCE-supported facility provided by a consortium of lenders, led by JP Morgan, for the financing of a petrochemical plant in Adana, Turkey.
- Represented Güriş İnşaat on the development of the Kütahya Hospital PPP, where financing was provided by ICBC, IŞ Bank, TSKB and Ziraat Bank.
KILINÇ LAW & CONSULTING
KILINÇ LAW & CONSULTING houses a broad projects and infrastructure practice that covers a wide mix of energy law, project finance, capital markets and M&A-related matters. The three-partner group is particularly noted for its close relationship with Arz Venture Capital Investment Fund, for which it has undertaken several projects over the past year. Key contacts include founding partner Levent Lezgin Kılınç; M&A and projects head Seray Özsoy Yavuz; maritime specialist Duygu Doğan Şahiner; and senior associate Gülenay Çapkınoğlu Kavcar.
Praxisleiter:
Levent Lezgin Kılınç; Seray Özsoy Yavuz; Duygu Doğan Şahiner; Gülenay Çapkınoğlu Kavcar
Referenzen
‘The team is unique, well-experienced, very responsive and dynamic. Lawyers have deep understanding of the local legal system and international best practices and are up-to-date on emerging matters and new techniques in legal practice, which provides for comprehensive and effective legal solutions.’
‘The team’s dynamic approach enables it to adapt quickly to evolving legal landscapes, delivering innovative strategies that meet the unique needs of each client.’
‘The firm has a very distinguished partner, Levent Lezgin Kılınç, which whom I collaborated on multiple international projects that required profound legal experience in navigating long-term financing models, oil and gas regulations, and the adoption of worldwide best practices for PPPs, which he possessed.’
Kernmandanten
SOCAR Group Companies (SOCAR Turkey Enerji & SOCAR Turkey Petrol Ticaret & SCR Müşavirlik ve İnşaat Anonim Şirketi)
PETKİM Petrokimya Holding
TANAP (Trans Anatolian Natural Gas Pipeline)
STAR Rafineri
Arz Venture Capital Investment Fund
Kızılay Holding and its Venture Capital Investment Fund
RMA Group
Mersin International Port (MIP)
PSA International/Global PSA
Doka Kalıp-İskele Sanayi ve Ticaret
Pasha Holding LLC
GMM INVEST
ÖzmenYalçin
The increasingly prominent team at ÖzmenYalçin has made significant inroads into the market since its establishment in March 2022. Acting for a mix of financial institutions and borrowers on project finance matters, the group has notched up a particularly strong run of involvement in energy projects. The team is led jointly by Ömer Gökhan Özmen, who specialises in banking, finance and corporate work, and Güneş Yalçın, who has an emphasis on banking, finance and capital markets law. Next-generation partner Damla Keskin Şerbetcioğlu is also recommended.
Praxisleiter:
Ömer Gökhan Özmen; Güneş Yalçın
Weitere Kernanwälte:
Damla Keskin Şerbetcioğlu; Utku Aydın
Referenzen
‘ÖzmenYalçın is remarkably good at being client-oriented. From a glimpse of a situation, lawyers can easily detect what a client needs to do. Whenever our company needed the team, it was accessible. The team always maintains a good attitude, and this reflects on its approach to negotiations.’
‘The team’s billing policy is super-transparent and very easy to understand, there has not been an issue about any expense or billed time. We have not faced anything we have not expected. The diversity among the team is very deep and luckily, it helps you to communicate with the team.’
‘We worked with Güneş Yalçın and Utku Aydın. They offer unique expertise in each area. We did not face any problem in terms of legal knowledge. Also, we were satisfied with their soft skills which play a key role during projects. Güneş Yalçın did an amazing job when negotiations stuck between parties.’
Kernmandanten
Adnan Polat Enerji Yatırımı
Türkiye Sınai Kalkınma Bankası
Yapı ve Kredi Bankası
T. Halk Bankası
T. İş Bankası
Denizbank
T. Garanti Bankası
T. Vakıflar Bankası TAO
T.C. Ziraat Bankası
Odeabank
Biotrend Çevre ve Enerji Yatırımları
Kıvanç Tekstil
Bali Rüzgar
Knot Enerji Elektrik Üretim
Galatasaray Spor Kulübü
Bay Temiz Enerji Elektrik Üretim
Karayel Elektrik Üretim
Simay Elektrik Üretim
Yıldırım Holding
Highlight-Mandate
- Advising Adnan Polat Enerji Yatırımı as borrower on a refinancing by a syndication of banks of project financings of four SPVs of Polat Enerji.
- Advising Biotrend Çevre ve Enerji Yatırımları on project agreements with UOP, including a process licence agreement, and a major equipment supply agreement for its planned waste plastics recycling facility, among other issues.
- Advising Türkiye Sınai Kalkınma Bankası on a €50m project financing provided to support the capacity increase of Kartal WPP.
Paksoy
Lawyers at Paksoy strike the right note with their ‘excellent industry knowledge’. The team is well-equipped to handle energy and natural resources work, while it also advises on infrastructure-related matters, including airports, roads and healthcare projects. Sera Somay brings to bear extensive expertise in banking and finance, projects, and energy and natural resources – she notably heads all three practices. Counsel Zekican Samlı, who specialises in energy, infrastructure, PPPs and construction, provides support.
Praxisleiter:
Sera Somay
Weitere Kernanwälte:
Zekican Samlı; Bülent Öztürk
Referenzen
‘Paksoy’s easy-to-contact way of working and close advisory manner helped, and keeps helping, us in various challenges.’
‘Associates Zekican Samlı and Bülent Öztürk, along with partner Sera Somay, have continuously been available to various internal stakeholders of our company. The team provided us with useful insights due to their expertise of the local regulations, while also advising us as to international lawyers.’
‘Capable team including lawyers who are highly knowledgeable about project finance.’
Kernmandanten
Alcazar Energy
Borusan Machinery and Power Systems
China Export & Credit Insurance Corporation (Sinosure)
European Bank for Reconstruction and Development (EBRD)
HSBC
ING Bank
Lidya Madencilik
Balcioglu Selçuk Ardiyok Keki
Balcioglu Selçuk Ardiyok Keki‘s projects practice leverages the wider firm’s top-tier banking and finance offering to specialise in representing lenders in project finance matters – though it also acts for borrowers. A trio of lawyers jointly steer the practice: Barlas Balcioğlu, who anchors the real estate, energy, and banking and finance teams; Günhan Yalçın, who specialises in debt finance; and Burcu Boso, who handles project finance, acquisition finance and ship finance, among other areas. Counsel Ceyda Aydın and senior associate Ceren Akkur Bayram provide support.
Praxisleiter:
Barlas Balcıoğlu; Günhan Yalçın; Burcu Boso
Weitere Kernanwälte:
Ceyda Aydın; Ceren Akkur Bayram.
Referenzen
‘The team is very knowledgeable, hard-working and hands-on. In particular, Burcu Boso and Doğan Eymirlioğlu are very knowledgeable, accessible, hard-working and hands-on.’
Kernmandanten
Marport Liman İşletmeleri Sanayi ve Ticaret
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO)
Sunrise Foods International Inc.
Tiryaki Agro Gıda ve Sanayi Ticaret
Tiryaki Holding
MUFG Bank
Bank of America Europe
Mizuho Bank
Emirates NBD Capital
UniCredit
Yapı ve Kredi Bankası
Oesterreichische Entwicklungsbank
Aareal Bank
ODDO BHF
Black Sea Trade and Development Bank
Zürcher Kantonalbank (ZKB)
Göltaş Enerji Elektrik Üretim
HSBC Bank Middle East
HSBC Bank
Bank of China Turkey
ING Bank
Hedef Araç Kiralama ve Servis
Akfen Holding
Akfen Yenilenebilir Enerji
Test Taşıt Muayene İstasyonları Yapım ve İşletim
Boden Law
An energy powerhouse, Boden Law is noted for its track record in projects within the power, oil and gas, and mining and minerals spheres. The group predominantly acts for energy and construction companies, with significant experience in cross-border projects. The practice is co-led by energy and arbitration specialist Değer Boden; technology and arbitration partner Sinem Mermer; and İnanç Akalın, who focuses on real estate.
Praxisleiter:
Değer Boden; Sinem Mermer; İnanç Akalın
Referenzen
‘The team is very capable and experienced in energy EPC projects. ’
‘Partners are always hands-on in projects which differs them from other law firms. They always attend meetings and share fruitful opinions. They insist on the right legal approach and have good negotiating skills with the opposite party.’
Kernmandanten
Aksa Doğalgaz (Aksa Naturelgas)
Talesun Solar Switzerland
Sanko
Gildemeister Energy Solutions
Borusan
Steag
Aksa Enerji
Kolin
Engie
Gunvor
Aalborg CSP
Hitachi Energy Turkey Elektrik Sanayi Anonim Şirketi (Hitachi Energy)
Highlight-Mandate
- Advised a European energy trader on fuel purchase financing transactions, and security packages on floating fuel to be stored in two different storage facilities in Turkey, worth $225m and $80m respectively.
- Advised a China-based solar panel manufacturer on its exit from a solar power investment in Turkey, including all transaction agreements, with an investment value of $64m.
- Advised a Turkish client on its EPC contract and financing regarding a natural gas fired power plant in Uzbekistan.
DURUKAN+PARTNERS
Drawing on its banking, real estate and corporate teams, DURUKAN+PARTNERS’ projects group demonstrates a recent focus on hotel development. It also contributes experience in energy and infrastructure-related matters. Corporate and finance partner Begüm Durukan Özaydin co-heads the department together with Hikmet Fadillioğlu, whose broad practice encompasses corporate transactions and real estate law.
Praxisleiter:
Begüm Durukan Özaydın; Hikmet Fadıllıoğlu
Kernmandanten
China Development Bank
Emaar Libadiye, Emaar Properties
Ansaldo Energia
Apple
Highlight-Mandate
- Advised Ansaldo Energia as shareholder in connection with the default under the financing documents of Yeni Elektrik, the operator of the 865MW gas-fired combined cycle power plant in Gebze.
- Advised Emaar in connection with the project financing and refinancings of the Emaar Square Project in Istanbul.
- Advised Sovcombank on a $600m financing to Akkuyu Nuclear Power Project and its proposed partial assignment to another bank; the assignment was suspended upon the Russia-Ukraine conflict.
Erdem & Erdem Law Office
Erdem & Erdem Law Office’s projects team enjoys a close relationship with glass producer Türkiye Şişe ve Cam Fabrikaları, but also brings experience in representing credit providers, joint venture partners and contractors on projects-related matters. Firm founder Ercüment Erdem jointly steers the practice alongside corporate and finance partner Ozgur Kocabasoglu. Managing associate Didem Adlığ provides support.
Praxisleiter:
Ercüment Erdem; Özgür Kocabaşoğlu
Kernmandanten
Türkiye Şişe ve Cam Fabrikaları
Yılport Holding
Gen Temizer
At Gen Temizer, Ömer Erdoğan is noted for his broad projects and finance experience, which spans matters in the energy, mining and infrastructure sectors. Since publication, Edmund Emre Özer left the firm.
Praxisleiter:
Ömer Erdoğan
Weitere Kernanwälte:
Baran Gen
Referenzen
‘Gen Temizer Özer has an excellent cross-border practice with strong capability to oversee complex project finance projects and other projects for our group.’
‘We had the pleasure of working with Ömer Erdoğan, his insight regarding our trade financing project was very valuable. He was able to use his experience extremely well for helping us structure our hybrid-financing project.’
‘Ömer Erdogan has extensive knowledge regarding project finance, to which he can transfer to trade finance projects.’
Kernmandanten
Commerzbank
Egis Tunnel Management
Erciyas Celik Boru Sanayi
Herbert Smith Freehills
Partners for Growth
RMA Automotive and RMA Group
SK Innovations
Veolia Environement
Highlight-Mandate
- Represented Commerzbank in two financings for wind turbines, provided to Esyel Global Energy and Atakaleres Electrics respectively.
- Advised SK Innovations on its investment in a greenfield joint venture with Ford Europe and Koc Holding for the development and operation of a significant electric car battery plant in Turkey.
- Acted as Turkish law counsel to Egis regarding the operation and maintenance of the Eurasia Bosphorus Tunnel Crossing Project, as well as advising on the impact of amendments made to the O&M agreement over the existing financing conditions of the project.
Goksu Safi Isik Attorney Partnership
Goksu Safi Isik Attorney Partnership is primarily active in representing sponsors and project companies on projects-related work, including bond offerings and finance transactions. Fatma Gozde Kardes is well versed across a range of project development, project financing, banking and capital markets matters. Kardes co-heads the group together with commercial, corporate and structured finance partner Ali Sefa Turkmen, who has a focus on energy and emerging markets.
Praxisleiter:
Fatma Gozde Kardes; Ali Sefa Türkmen
Referenzen
‘The firm is amazing and covers all types of business. Lawyers are all amazing.’
Kernmandanten
OYAK
Radiks
SASA Polyster
JPM
Erdemoğlu Holding
Merinos
Dinarsu
Pak Yatırım
Astay Gayrımenkul
MNG Airlines
Highlight-Mandate
- Advised SASA Polyster Sanayi on its petrochemical investment and plant in Yumurtalık.
- Advised Radiks on gold trading and investment services.
Kolcuoglu Demirkan Koçakli
Construction-related matters feature among Kolcuoglu Demirkan Koçakli’s recent work, with the team also offering experience in advising energy and infrastructure companies on public procurement, project finance and administrative law issues. Okan Demirkan co-heads the energy and infrastructure group, as well as leading the dispute resolution team, and has a significant regulatory dimension to his practice. The department also draws on energy and infrastructure co-head Melis Öget Koç, real estate partner Serhan Koçaklı and managing partner Umut Kolcuoğlu.
Praxisleiter:
Umut Kolcuoğlu; Okan Demirkan
Weitere Kernanwälte:
Melis Öget Koç; Serhan Koçaklı
Kernmandanten
Qterminals
TDC Parsons Peebles
TPI Composites
Boston Consulting Group
Bozzetto Group
Alsim Alarko
Huntsman
Samsung C&T
Ema Kimya
Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG)
DM İnşaat
IHI Corporation
Mitsubishi Heavy Industries
Yu Group
Folkart
Highlight-Mandate
- Advised QTerminals on the extension of Port Akdeniz’s privatisation agreement’s term for an additional 19 years.
- Advised TPI Composites on its renewable energy investments, composed of two wind energy facilities with an investment value of approximately €15m.
- Advised Boston Consulting Group on the drafting of a FIDIC Green Book short form of contract for the construction works in its headquarters, with an investment value of $1.2m.
Lexist Law Firm
Regulatory stalwart Lexist Law Firm specialises in advising on projects involving highly regulated industries, including energy, transport and healthcare. The group is also active in privatisation transactions, where it is currently advising the Turkish Privatisation Administration on the privatisation of three port assets. Murat Erbilen spearheads a group that includes co-founding partner Eyüp Kul, as well as Mesut Kaya, who focuses on energy, PPPs and privatisation work.
Praxisleiter:
Murat Erbilen
Weitere Kernanwälte:
Eyüp Kul; Mesut Kaya; Duygu Öztürk Dinçer
Referenzen
‘The Lexist team is very professional and handles all our legal work. I like its flexibility and wide range of experience and knowledge. We are working with the team on many high-profile projects in Turkey and in Europe.’
‘Eyüp Kul is our main lawyer. He is always available for us and he is a natural negotiator. Partner Murat Erbilen is very good too and extremely patient.’
‘One of the best teams we have worked with: it sees the bigger picture, understands the commercial pressures, and is mindful of our budget. We work with it on a complex project involving multiple parties entering/exiting the deals, sector-specific regulatory hurdles and extensive project restructuring.’
Kernmandanten
Directorate of privatisation Administration
TVF İFM Gayrimenkul İnşaat ve Yönetim A.Ş. (a subsidiary of the Turkish Wealth Fund)
Highlight-Mandate
- Advising TVF İFM Gayrimenkul İnşaat ve Yönetim Anonim Şirketi on the development of the Istanbul Financial Centre, a project to create a financial hub for the region.
- Advising the Turkish Privatisation Administration on the privatisation of three port assets.
Tunc Firat Dereli Attorney Partnership
Over the past year, Tunc Firat Dereli Attorney Partnership advised a range of mining and energy companies, contractors and lenders on project financing transactions. Alongside its activity in traditional energy and infrastructure financings, the group also stands out for its experience in Islamic financing structures. Zeynel Tunç focuses on energy, infrastructure, mining and construction-related work and co-heads the department alongside energy and finance partner Nazlı Dereli Oba. Bengü Coşkun is also noted.
Praxisleiter:
Zeynel Tunç; Nazlı Dereli Oba
Weitere Kernanwälte:
Bengü Coşkun
Kernmandanten
Karadeniz Holding
Akfen Holding
Akfen Renewables
Acacia Mining
T.C. Vakıflar Bank
Alba Mühendislik Müşavirlik İnşaat
Albioma Geothermal
Gümüşköy Geothermal
Albioma S.A.
TWL Holding
Çalık Energy
Tekfen Construction
Power Europe
Highlight-Mandate
- Advising BAK Enerji Üretimi on its additional $30.4m project financing, provided by Garanti Bank, to support its wind power capacity extension and conversion into a hybrid (solar-wind) power plant.
- Advising Acacia Mining Operations on the restructuring of a $120m senior facility provided by a syndication of banks.
- Advising the Polish subsidiary of Gülermak Heavy Industries on Turkish law matters in relation to a loan extended by a syndicate of banks (including Bank Polska Kasa Opieki, EIB and EBRD) for the construction of the Krakow Tramway Line Phase IV in Poland.
Yazici Attorney Partnership
Yazici Attorney Partnership had a hand in several major projects during 2022/23, including advising on complex nuclear and mining matters. Equally equipped to represent lenders and borrowers, the group is additionally distinguished by its international expertise. The department is led jointly by Ankara-based energy and natural resources specialist Kerem Arıç, who is dual-qualified in Turkey and Switzerland, and Istanbul-based Ayşe Yazıcı Adanır, who is dual-qualified in Turkey and New York. Ankara-based construction partner Ceren Ak Güngör is also recommended.
Praxisleiter:
Kerem Arıç; Ayşe Yazıcı Adanır
Weitere Kernanwälte:
Ceren Ak Güngör; Murat Yazıcı
Referenzen
‘Services provided by Yazıcı Attorney Partnership were good and fit for the purpose. Its way of structuring legal opinions is reader-friendly.’
‘Partner Kerem Arıç understands the needs of our company and does his best to reach the most favourable outcome with a result-oriented approach.’
Kernmandanten
Aldridge Mineral Madencilik Anonim Şirketi
Akkuyu Nükleer Anonim Şirketi
BNP Paribas SA and ING European Financial Services
Ermas Marble- Coante Quartz Surfaces
Highlight-Mandate
- Advising Akkuyu Nükleer Anonim Şirketi on financing and corporate governance matters, especially in the context of loan agreements, currency control and capital movement legislation.
- Advising SOCAR-AQS Sondaj Mühendislik Sanayi ve Ticaret on a subcontract for a major industrial construction project.