A&O Shearman is particularly active in the financing of conventional and alternative power projects. It also has expertise in handling financing of data centres and other infrastructure projects, alongside handling refinancing, acquisition finance, and other transactions. Practice head Zeeger de Jongh leads the finance and real estate practice and is deeply familiar with on- and offshore wind, solar, hydrogen, data centre, fibre, and other project financings. Jochem Spaans is a go-to for environmental law issues, while Cees van Ginneken centres his work on infrastructure, solar and offshore wind financings. Werner Runge is noted for his longstanding expertise in project finance. Koen de Wit is a further key contact.
Project finance and PFI in Netherlands
A&O Shearman
Praxisleiter:
Zeeger de Jongh
Weitere Kernanwälte:
Jochem Spaans; Cees van Ginneken; Marjet van Bezooijen; Werner Runge; Koen de Wit
Referenzen
‘A&O Shearman gives very good cross-border advice thanks to local presence. Further, they have important in-depth knowledge available.’
‘The team at A&O Shearman provides a high level of legal advice combined with a flexible and commercially oriented approach, which makes them a great fit for a financial institution seeking legal assistance with a real estate finance deals in The Netherlands, from the initial negotiations through to the closing stage.’
‘Zeeger de Jongh is an outstanding partner, who combines an extremely comprehensive knowhow with a hands-on approach to the negotiations. Cees van Ginneken is a very proactive and effective senior associate who is excellent at managing various workstreams and providing bespoke advice on all aspects of a Dutch real estate finance transaction.’
Kernmandanten
Rabobank
Glaspoort
ABN Amro Bank N.V.
EdgeConnex
Investment Bank to the Gemini project
Avantium N.V.
Lenders to the Q10/Luchterduinen project
GelreGroen B.V. / consortium
Macquarie Capital
KLM
ING Bank N.V. and BNG Bank
Highlight-Mandate
Clifford Chance
Clifford Chance regularly assists on complex and significant project financings related to the the energy transition. The team is well-versed in handling project financing as well as portfolio and holdco financing structures. It has expertise in advising on a number of energy and infrastructure assets such as offshore wind farms, data centres, energy storage, digital infrastructure and hydrogen. The team is jointly led by Hein Tonnaer and Liesbeth Buiter, who both specialise in renewable energy project financings. Nanette Rutgers and Mike Niekoop are both key members of the team and assist with complex financing transactions. Carlijn Tenge is a further standout contact.
Praxisleiter:
Hein Tonnaer; Liesbeth Buiter
Weitere Kernanwälte:
Mike Niekoop; Nanette Rutgers; Philip Walsh; Carlijn Tenge
Referenzen
‘The practice and team are unique given their extensive knowledge of how to get a deal done and over the finish line. Moreover, they are creative in a practical way. The team itself is a well-oiled machine and together they master all subsectors, they know each other well, and like working together, which makes is a pleasure to have them as your advisor.’
‘Liesbether Buiter is a very experienced and solution-driven lawyer. Very calm and balanced personality which is helpful in stressed situations, she has no difficulty handling that. Nanette Rutgers has a strong focus on details and is dedicated to the client and transaction. Mike Niekoop is a very talented and strong lawyer with a pragmatic mindset. ’
‘The Clifford Chance team has really excelled in providing business-focused support. They truly understand our business and proactively engage on matters, think along with the business and guide us in the most challenging aspects of these very complex development projects. In that regard, Clifford Chance really stands out.’
Kernmandanten
SSE
APG
Vattenfall
TotalEnergies
GIGA Storage
Brookfield
Sky NRG
CIP
NTT
APFE
Ampyr
Encavis
PowerField
LBBW
InfraVia
SMBC
Rabobank
ABN Amro Bank N.V.
Highlight-Mandate
Norton Rose Fulbright
Norton Rose Fulbright excels in handling mandates concerning domestic and international PPP projects as well as energy and infrastructure project finance. A further core area of focus is digital infrastructure, with the firm well-versed in asset and portfolio financings in the data centre space. The team is led by Wouter Hertzberger, who is an expert in structured finance transactions, advising lenders on energy and infrastructure projects involving oil and gas, renewables, transport, and real estate assets. Daphne Broerse assists private parties and government authorities on project financings in the energy sector, while Joris Ravelli is noted for his work on data centre financings.
Praxisleiter:
Wouter Hertzberger
Weitere Kernanwälte:
Daphne Broerse; Joris Ravelli; Omar Salah; Marjolein Pichel; Tamara Ubink
Referenzen
‘Norton Rose Fulbright has the ability to manage complex stakeholder environments. The team maintains strong working relationships with public authorities and demonstrates a clear grasp of governmental processes. Their advice is not only strategic but also candid, offering well-reasoned guidance.’
‘Omar Salah, Wouter Hertzberger, Marjolein Pichel and Tamara Ubink are approachable and demonstrate a strong understanding of public-private project finance, including the complexities of working with both government bodies and private stakeholders. Their commitment make them a reliable and solution-oriented partner. ’
‘Norton Rose Fulbright is a professionally world-class firm, among the best, in terms of knowledge, managing deals and turnaround time.‘
Kernmandanten
BNP Paribas
Attero
ABN Amro Bank N.V.
Credit Agricole S.A.
European Investment Bank
First Abu Dhabi Bank PJSC
HSBC Private Bank (Suisse) SA
ING Bank N.V.
China Construction Bank Corporation
Mashreqbank PSC
Nederlandse Financieringsmaatschappij voor Ontwikkelingslanden
FlevoBESS
Rabobank Nederland
SBM Offshore
Société Générale Corporate & Investment Banking
S-Oil Corporation
DSL-01 B.V.
Credit Agricole Corporate and Investment Bank
Macquarie Capital
Meridiam Infrastructure
ING Bank
Nederlandse Waterschapsbank N.V.
KBC Bank NV
Natixis
Rabobank
Strukton Integrale Projecten
Sandvik
TBI PPP
Highlight-Mandate
- Advised the lenders to HES Hartel Tank Terminal on the enforcement and sale of the Hartel Tank Terminal project.
- Advised FlevoBESS on on the financing of the construction and operation of a 31.6 MW battery in Dronten, the Netherlands.
- Advised ING as sole financier on the senior financing of the 55 MW nearshore windfarm IJsselmeerwinT in the IJsselmeer, the Netherlands.
Stibbe B.V. and Business Development
Stibbe B.V. and Business Development‘s project finance team offers expertise across banking, construction, procurement and regulatory issues. Regularly sought-after for its expertise in renewable energy and energy storage projects, the firm acts for domestic and international lenders and sponsors. The practice also brings expertise in the transport, water, and mining spaces. David Orobio de Castro heads the projects and project finance department, while Marieke Driessen leads the banking and finance team. Orobio de Castro advises on procurement regulations, PPP and PFI projects and property-related issues. Driessen is entrusted for her expertise on debt finance matters and acts for lenders and arrangers on complex and high-value project financings.
Praxisleiter:
David Orobio de Castro; Marieke Driessen
Weitere Kernanwälte:
Ingmar de Groot
Kernmandanten
Macquarie
ING Capital
Absa Bank Limited
Global Interconnection Group (GIG)
PGGM
BAM
Ballast Nedam
Heijmans
Van Oord
HH Delfland
Highlight-Mandate
- Advised Macquarie Capital, as sponsor of the project, on the tender, contracting and reaching financial close the PPP Project A9 Badhoevedorp-Holendrecht.
- Advised the lenders, consisting of a mix of bank lenders and the EIB, in a PFI transaction, providing finance to BAAK Blankenburg-Verbinding B.V. on the A24 Blankenburg connection project.
Dentons
Dentons represents both lenders and borrowers in project finance transactions, regularly acting for Dutch banks, international financial institutions and energy companies. The practice is led by Marcel Janssen and Jacqueline Bell. Janssen is highly knowledgeable in energy sector project finance matters, handling cross-border deals involving battery storage and electric vehicle charging infrastructure. Bell regularly advises lenders on borrowing base financings and transport sector transactions. Gerard Koster is a further key contact regarding the project financing of battery energy storage system assets.
Praxisleiter:
Marcel Janssen; Jacqueline Bell
Weitere Kernanwälte:
Gerard Koster; Frits Miedema
Referenzen
‘The Dentons banking team demonstrated a very professional and efficient approach in their role as lenders’ counsel. Overall, they showed strong coordination skills, attention to detail, and a pragmatic attitude that contributed positively to the transaction.’
‘Marcel Janssen is a very experienced partner who manages the process with authority and balance. He ensures that discussions remain constructive and that documentation is progressed efficiently.‘
‚Gerard Koster took the lead in drafting the senior facility agreement and did so with great precision, clarity, and pragmatism, which was essential to moving the transaction forward smoothly.‘
Kernmandanten
Giga Storage
Macquarie Capital
Rabobank
Dispatch Grid Services
Geothermie Delft B.V.
ING Bank
Triodos Bank
A.s.r. Bank
Nederlandse Waterschapsbank (NWB Bank)
Triodos Investment Management
Stichting Groenfonds
Nationaal Groenfonds
Santander
ABN Amro
Highlight-Mandate
- Advised a consortium of 6 banks (Rabobank, ING, Santander, Triodos, ASR and ABN AMRO) as lenders counsel on the Project Mufasa.
- Represented Cooperatieve Rabobank U.A. and Nederlandse Waterschapsbank N.V. as lenders counsel in the project financing of a large Geothermal Project in Delft, the Netherlands.
- Advised Giga Storage on the development of several large-scale energy storage projects including Giga Giraffe and Giga Lion, as well as regulatory work on Giga Leopard.
DLA Piper
DLA Piper‘s project finance practice brings a wealth of expertise regarding infrastructure and renewable energy assets. The team is well-equipped to advise clients on the financing of solar, storage and EV charging infrastructure projects. Team head Gerard Kneppers centres his practice on renewable energy-based project financings, including PPP and DFI projects and leveraged finance lending products. Kneppers also offers deep expertise on transactions in the solar power segment. Seréyo Bekkink also assists lenders and borrowers on energy sector finance transactions.
Praxisleiter:
Gerard Kneppers
Weitere Kernanwälte:
Seréyo Bekkink
Referenzen
‘Dedicated and results-driven.’
‘Gerard Kneppers is a dedicated partner in the energy sector, very approachable and open to innovation.’
Kernmandanten
BASF
Cooperatieve Rabobank U.A.
Sienna Private Credit
FMO (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden)
ING Bank
Landesbank Baden-Württemberg (LBBW)
Powerfield Netherlands B.V.
Triodos Bank
Novar
Eiffel
Highlight-Mandate
- Advised Novar on the financing of Zonnepark Eekerpolder, set to become the largest solar park in the Netherlands.
- Advised Coöperatieve Rabobank U.A. on securing financing for Zonnepark Bellingwolde – Westerwolde, a solar project near the German border.
- Advised Eiffel Investment Group SAS on its refinancing of two portfolios of solar renewable energy assets in Germany and Poland, respectively.
NautaDutilh
NautaDutilh fields a strong project finance practice which handles infrastructure, energy, real estate and PPP projects. Demonstrating deep expertise across the energy sector, a core area of focus for the team is solar, wind and LNG project financings. Leading the practice is Jaco Belder, who has a wide range of expertise across acquisition, asset, and project finance matters. Highly sought-after in the energy, infrastructure, manufacturing, maritime and mining sectors, Belder has experience representing a diverse array of lenders and sponsors. Co-head David van Ee focuses on PPP projects, assisting both Dutch and international clients.
Praxisleiter:
Jaco Belder; David van Ee
Referenzen
‘The team is responsive and able to advise strategically across sectors on project finance matters.’
‘Jaco Belder continues to be the go-to project finance lawyer for our firm. He provides incisive advice, is very responsive and very client-friendly.’
‘Exceptionally professional, responsive, and reliable.‘
Kernmandanten
Aegon Asset Management
ABN Amro Bank
Allianz
Asian Development Bank
BAM Group N.V.
Belfius
CBRE
Credit Agricole
Deka Bank
European Investment Bank
European Bank for Development and Construction
High Tech Campus Eindhoven
Infraco Africa
Infravia
Invesis
Macquarie Capital
Neste
NIBC Bank
Rabobank
Siemens
Stadion Feijenoord N.V.
Stichting Gebiedsontwikkeling aan de Maas
Univé
VanWonen
Highlight-Mandate
- Advised a syndicate of lenders on the Gate Tank 4 project, which entails the expansion of Gate terminal’s storage and regasification capacity in the Rotterdam harbour.
- Assisted Stichting Gebiedsontwikkeling aan de Maas with both senior and subordinated financing for the land acquisitions required for the Feyenoord City project.
- Advised Neste on all legal aspects of its Rotterdam expansion project, including drafting and negotiating the EPCM agreement, preparing the Base Construction Contract template, and negotiating with contractors.
Pels Rijcken
Pels Rijcken specialises in advising the State of the Netherlands and other governmental and public authorities on PPP projects and PFI deals. The team brings experience across a diverse array of sectors, with a particular focus on infrastructure, energy and real estate assets. Co-leading the team is Mark Birnage, who centres his practice on the tendering and contracting of large-scale and high-value PPP projects and concessions. Also co-heading the practice is Jeanile Weyne, who handles the procurement and contracting of major construction projects.
Praxisleiter:
Mark Birnage; Jeanile Weyne
Referenzen
‚Pels Rijcken works exclusively for government agencies and is well-versed in the civil engineering market. They are aware of what’s happening on major projects and the contract discussions.‘
‚Good quality and knowledge of the civil engineering sector.‘
Kernmandanten
Ministry of Infrastructure and Water Management, Rijkswaterstaat
Ministry of the Interior, Central Government Real Estate Agency
Ministry of Defence
Ministry of Healthcare, Welfare and Sport
Rijksdienst voor het Wegverkeer (RDW)
ProRail
Siemens Nederland
Aruba Airport Authority
Government of Aruba
City of Amsterdam
City of Rotterdam
City of The Hague
Province of Noord-Holland
Province of Limburg
Ministry of Economic Affairs
Highlight-Mandate
- Advised the joint project organisation of the Ministry of Infrastructure and Water Management, the city of Amsterdam and ProRail on the retendering of the €1bn Zuidasdok project.
- Advised Rijksdienst voor het wegverkeer (RDW) on the €300m Main Service Provider project for the Dutch HGV Charge road tolling system.
- Advised the State of the Netherlands on the two phase contract for the major €1bn A27 Houten – Hooipolder road project.
Stek
Stek is well-versed in advising clients on the project finance of emerging asset classes. Complementing its engagement with energy assets such as biogas, geothermal and batteries, the team also regularly assists in the project finance of fibre and data centre projects. The team is jointly led by Herman Wamelink, who offers lenders and sponsors advice on energy and digital infrastructure financing deals; Sharon Kaufmann, who focuses on healthcare and hospitality finance; and Katinka van den Brink, who specialises in project finance transactions related to the energy transition.
Praxisleiter:
Herman Wamelink; Sharon Kaufmann; Katinka van den Brink
Weitere Kernanwälte:
Niki Rossing; Merijn Batteram
Referenzen
‘The Stek project finance team is highly responsive, commercially minded, and pragmatic. They combine deep legal expertise with a clear understanding of the business and regulatory environment, which makes their advice both practical and reliable.’
‘Katinka van den Brink stands out as a partner who combines sharp legal insight with a very pragmatic, solutions-driven approach. She is clear, approachable, and able to steer complex projects with confidence and efficiency.‘
‚Niki Rossing is an excellent senior associate who is highly responsive, thorough, and reliable. She consistently delivers high-quality work under pressure and adds real value through her proactive and collaborative style.‘
Kernmandanten
ASN Bank N.V.
BNG Bank N.V.
Commerzbank AG
Cooperatieve Rabobank U.A.
ING Bank N.V.
Nederlandse Waterschapsbank N.V.
Invest International B.V.
GeoThermie Delft B.V.
Novar Nederland B.V.
Invest-NL Capital N.V.
SEB Group
BioValue
Highlight-Mandate
- Advised GeoThermie Delft B.V. on the project financing it obtained for a deep geothermal project located on the TU Delft campus as well as on the contracts for the project.
- Advised ASN Bank on the project financing for a 31.6 MW battery of FlevoBESS.
- Advised NWB Bank on the acquisition of a sustainable loan portfolio consisting of loans provided to 11 operational wind, solar and co-located BESS projects in the Netherlands.
Houthoff
Houthoff represents lenders and sponsors in complex and cross-border project finance mandates. The practice is led by Jessica Terpstra, who splits her time between London and Amsterdam. Terpstra advises on project financings in a variety of sectors including renewables and power, transport and marine infrastructure, and waste management. A construction and PFI expert, Michel Klijn assists on projects, procurement, and contracting matters.
Praxisleiter:
Jessica Terpstra
Weitere Kernanwälte:
Michel Klijn
Kernmandanten
ABN Amro Bank
ING Bank and NIBC Bank
Kaltun
FCC Construcción
OpenIJ
Milence
Highlight-Mandate
- Advised ING Bank and NIBC Bank on a term loan facility agreement for Hofplein Ontwikkel B.V, to finance the RISE initiative.
- Advised ABN Amro on a facility agreement for CBRE Dutch Office Fund, an investment fund of CBRE Investment Management.
- Advised Milenceon plans to install and operate at least 1700 charging points across Europe, providing legal support in a wide range of legal areas, including all construction-related matters.
Linklaters
Linklaters stands out for its wealth of cross-border knowhow on greenfield energy project finance as well as real estate development financings. Heading the team is Bram Bulter, who advises major Dutch and international financial institutions, funds, and corporates on the finance of green projects. The practice is overseen by Paul Kuipers, who acts for international lenders and trustees on the financing and restructuring of real estate and energy projects.
Praxisleiter:
Bram Bulter
Weitere Kernanwälte:
Paul Kuipers; Mees Roelofs
Referenzen
‘Tailored approach for the solutions requested, constructive advice and efficient execution.’
‘Strongly client oriented, takes the lead in the process and defends client’s interests. Worked mainly with Bram Bulter who demonstrated these qualities.’
‘Client focused, very thorough and detailed. Quick responses.’
Kernmandanten
TMF Global Services (UK) Limited
Rönesans Holding
SONATRACH
Longview Aviation Germany GmbH
Proparco
The Emerging Africa Infrastructure Fund
Northland Power International Holdings B.V.
European Bank for Reconstruction and Development
European Investment Bank
Highlight-Mandate
- Advised Proparco, The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, and the International Finance Corporation as lenders on the portfolio financing for the construction and expansion of Tier III certified data centers in seven Sub-Saharan African countries.
- Advised Rönesans Holding and SONATRACH on the development of a c.$2bn petrochemical production plant and terminal facility in Turkey.
- Advised BNZ in arranging a multi-country Total IPP Financing in Europe, for a total of €680m and consisting of two facilities (senior debt and holdco) entered into by a Dutch borrower.
Van Doorne
Van Doorne assists domestic, European, and US-based lenders and sponsors on cross-border project finance transactions, particularly in the real estate sector. Practice head Angelique Thiele advises clients on commercial real estate and development financing matters. Diederik Maessen handles energy and infrastructure project development and finance. Ariën van Heesen leads on real estate finance and project development matters. Supporting the team is finance transaction specialist Estelle van Heerden.
Praxisleiter:
Angelique Thiele
Weitere Kernanwälte:
Diederik Maessen; Ariën van Heesen; Estelle van Heerden
Kernmandanten
Berlin Hyp AG
Edge
Vopak
BentallGreenOak
PGIM
ING
Corebridge Institutional Investments Europe Limited
Barings
Aareal Bank
Boreal
Goldman Sachs
Melcombe
Deutsche Hypo Nord/LB
Rabobank
Annexum
Garbe
ING
Highlight-Mandate
- Advised Vopak on setting up a joint venture, project documentation and the project financing for a large plastic recycling plant in the harbour of Rotterdam.
- Advised Aareal Bank on a €200m financing for the acquisition and recapitalisation/ redevelopment of a pan-European hotel portfolio.
- Advised Edge on the financing of the development of a prime office building in central Rotterdam.