Middle East - United Arab Emirates
Bracewell LLP
Comprising ‘motivated, committed and devoting’ partners with ’hands-on experience in energy sector’, Bracewell LLP acts on an array of premium conventional power and renewable energy transactions, with a particularly strong engagement with Saudi Arabia and its rounds of renewable independent power producers (IPPs). Social infrastructure is another focus for the firm, handling NEOM-based residential community developments as well as landmark hospital PPPs. Practice head Andrej Kormuth is ‘well connected with the key players and aware of the entire market’, making him a strong choice for both borrowers and lenders across the region, - particularly in relation to water and wastewater deals. Tom Swarbrick draws on considerable construction expertise to advise on an array of assets from the inception stage through to completion. Senior associate Shayan Najib and associate Amelia Bowring have been integral to an number of consequential practice matters, while associate Nick Meyer has already advised on a number of complex transactions despite only joining the group in March 2023, arriving from DLA Piper.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The team, headed by Andrej and Oliver, is equipped with hands-on experience in energy sector, especially in the Middle East. Building on such experience, team members always try to add client focus to solve each issue the client faces.'
‘Andrej always tries to provide precise and concise legal advice to his clients, while some of his competitors tend to be lengthy and vague. His such approach enables client to make decision effectively. Oliver is one of the most diligent and hard working lawyer in the market. He never fails to achieve client's expectation, both in negotiation and documentation, while maintaining friendly communication with every stakeholders. ’
‘They have considerable experiences and expertise in power sector in the Middle East and their advice is always efficient.’
‘The team was extremely responsive and fully supportive with all the sponsors for the closing of a strategic project. In terms of fees, the firm has maintained its fee cap despite the increased scope. ’
‘Tom Swarbrick's expertise in EPC contract and negotiation skills are great added value for this firm. Shayan Najib's support with the project finance workstream was essential to close the deal in such a short time, he was extremely responsive and used his expertise to manage the others stakeholders.'
‘Very motivated, committed and devoting members and team. You will have no concern of slow or inefficient response or comments.'
‘Excellent team, with close adherence to timelines, very knowledgeable, impeccable ethics, and the ability to work under pressures and deliver. Always available to discuss and clear issues. They have a problem solving attitude instead of problem finding attitude.'
‘Andrej Kormuth has a very deep knowledge of the subject, and was very hands on with the transaction and excellent with resource management. He has built and added to his team brilliantly over the past 2 years to make a formidable team in PF and Infrastructure in general. Also well connected with the key players and aware of the entire market, which makes him a strategic partner for any works.'
Key clients
- Absa Bank Limited
- Abu Dhabi Islamic Bank
- Abu Dhabi National Energy Company PJSC
- Acciona Agua, S.A.
- Al Jomaih Automobile Company LLC
- Al Jomaih Energy and Water Company
- Al Rajhi Bank
- Alinma Bank
- Banque Saudi Fransi
- General Electric
- Gulf Investment Corporation GSC
- Harmony HB Limited
- Japan Bank for International Cooperation (JBIC)
- JERA Co., Inc.
- Kyuden International Corporation
- Marubeni Corporation
- Mauritius Commercial Bank Limited
- Mouwasat Medical Services Company
- Qatar Energy
- Shuqaiq Three Company for Water
- South Rabigh Renewable Energy Company
- Tamasuk Holding Company
- TotalEnergies
- TotalEnergies Renewables
- Vision International Investment Company
Work highlights
- Counselling Japan Bank for International Cooperation in support of all Japanese developers bidding for the Saudi Arabian Round 4 renewables IPPs (totaling 1.5 GW).
- Closed five residential communities accommodation villages on a PPP basis in NEOM across two consortia (Tamasuk and Nesma), valued at almost $2 billion.
- Acted as special investor counsel to General Electric regarding its participation in a bidding consortium for the four Taiba and Qassim thermal power IPPs in Saudi Arabia, totaling 7.2 GW.
Lawyers
Next Generation Partners
Practice head
The lawyer(s) leading their teams.
Andrej Kormuth