Baker & McKenzie Limited‘s projects and energy department is a port of call for matters involving project financing in Bahrain, advising leading local and regional banks on various multijurisdictional projects with particular experience in the water and petrochemical industries. Ian Siddell heads the team, and is a key contact for projects with Islamic finance elements. Fatima Alhasan is broadly experienced in both conventional and Islamic project financing, and is often active in project-related transactions, along with Delwar Hossain.

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Key clients

  • The Oil and Gas Holding Company B.S.C. (c) (nogaholding)
  • Bahrain National Gas Company (B.S.C.)
  • ABC Islamic Bank (E.C.)
  • Gulf International Bank B.S.C
  • Al Rajhi Banking and Investment Corporation
  • Aluminium Bahrain B.S.C (Alba)
  • Bahrain Islamic Bank B.S.C
  • Arab Bank plc
  • Ahli United Bank B.S.C
  • The Saudi National Commercial Bank (Bahrain)

Work highlights

  • Acted for an international bank, through its Bahrain based entity, in relation to a  $61m equity bridge murabaha facility granted to ACWA Power’s subsidiary in Uzbekistan, as guaranteed by ACWA Power.
  • Advised Bank ABC on an €24.9m SACE-backed and sustainability-linked term loan.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Ian Siddell
Baker & McKenzie Limited

Practice head

The lawyer(s) leading their teams.

Ian Siddell

Other key lawyers

Fatima Alhasan, Delwar Hossain, Soheir Elbanna, Victoria Long