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The London office of Baker Botts (UK) LLP has a strong focus on the financing and development of major projects in emerging markets. The deep bench of partners handles large-scale developments in the energy and natural resources sectors, as well as major digital infrastructure projects. Globally, the firm is a leader in the energy sector, hence the importance of conventional and renewable energy projects to the London team. Practice head Stuart McIntyre specialises in energy and infrastructure projects and financings and works extensively on transactions in emerging markets. He worked with senior associate Nicholas Jones to assist IFC on its initial pre-privatization loan of up to $35m-equivalent in Uzbek Soum to Ipoteka-bank, a state-owned bank in Uzbekistan. TMT and digital infrastructure specialist Stuart Blythe handles high-value M&A deals in the technology, media and telecoms sectors, as well as commercial agreements, debt financings and restructurings. He and Nick Collins  acted for West Indian Ocean Cable Company in securing $120m in loan financing, including loans from Proparco, The Emerging Africa Infrastructure Fund, and IFC. Energy and technology partner Shashank Krishna also plays a pivotal role in the practice.

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Key clients

  • Air Products & Chemicals, Inc.
  • Tanzania Petroleum Development Corporation
Abbreviated data is displayed for this firm.

Work highlights

  • Advised Air Products, in relation to all aspects of the development and financing of the USD 5 billion NEOM Green Hydrogen Project in Saudi Arabia.
  • Advised Tanzania Petroleum Development Corporation, Tanzania’s state oil company, in relation to the development of a new USD 40 billion LNG facility.
Abbreviated data is displayed for this firm.