Paksoy frequently handles matters relating to project financing and development, construction and supply contracts, and drafting power purchase agreements. The team, which is led by the 'outstanding' Sera Somay, is also experienced at representing high-profile lenders on the restructuring process of energy projects in Turkey. Zekican Samlı regularly advises investors and consultants on a variety of regulatory matters concerning licensing, PPPs, and investments.
Testimonials
Collated independently by Legal 500 research team.
‘Their key strength is in the area of banking and finance, including in respect of energy transactions. The team is on top of the latest developments and are very knowledgeable.’
‘Sera Somay is outstanding. She is very commercial, really knows the market and provides practical and prompt advice.’
‘Zekican Samlı has been very constructive and responsive. He is very easy to work with.’
Key clients
- AKA Ausfuhrkredit-Gesellschaft mbH
- Alcazar Energy
- Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main
- European Bank for Reconstruction and Development
- Electricité de France
- HSBC
- ING Bank
- Lidya Minig
- Zorlu Group
Work highlights
- Advised Zorlu Group on the USD 375 m financing of Osmangazi Power Distribution, an electric distribution company operating in Turkey.
- Advised Alcazar Energy on the establishment of an unlicensed power plant development and financing structure for industrial facilities aiming to establish self-consumption units.
- Advising Electricité de France in relation to the Turkish leg of the acquisition of GE Steam Power’s nuclear activities worldwide.
Lawyers
Practice head
The lawyer(s) leading their teams.
Sera Somay