Firms To Watch: Projects and project finance

Projects and project finance in Turkey

Selvi Attorney Partnership

Selvi Attorney Partnership is skilled at advising lenders, sponsors, and borrowers on Turkish projects and project finance, with noted strengths in energy and infrastructure financings.

Çakmak Attorney Partnership

With a team of ‘highly qualified lawyers in every field’, Çakmak Attorney Partnership provides ‘practical advice’ on the full life cycle of projects, including developments, acquisitions, construction, completion, and financing. The group has a proven track record across the energy, infrastructure and transportation sectors. Jointly spearheading the group are Mesut Çakmak, a leading practitioner in this space, and Mustafa Durakoğlu, who is particularly skilled in financing energy and infrastructure projects. Ayşe Eda Biçer Özen is a key contact for lenders and sponsors in a comprehensive range of project cases and project financing arrangements, with niche experience in the mining and metals sector. Nazli Başak Ayık is another key name to note.

Praxisleiter:

Mesut Çakmak; Mustafa Durakoğlu


Weitere Kernanwälte:

Ayşe Eda Biçer Özen; Nazlı Başak Ayık; Aslı Pabuççuoğlu; Selin Erten Yaşar


Referenzen

‘The team is hands-on and easy to work with. Providing good, practical advice at all times.’

‘Aslı Pabuççuoğlu was great during the transaction. Available and very prompt.’

We are satisfied with the quality and legal service of Nazlı Başak Ayık and Ayse Eda Bicer Ozen. We valued their experience; we managed to pass the first step of the public tender process through their consultation.’

Kernmandanten

Ceyhan Polipropilen Üretim A.Ş


Limak Yatırım Enerji Üretim İşletme Hizmetleri ve İnşaat A.Ş


European Bank for Reconstruction and Development


RES Anatolia Holding A.Ş


National Bank of Kuwait S.A.K.P


Kuwait Finance House K.S.C.P


Highlight-Mandate


  • Advised Ceyhan Polipropilen Üretim A.Ş. (a project company established by Sonatrach Petroleum and Rönesans) in connection with the development, construction, operation, maintenance, and financing of a propane dehydrogenation and polypropylene production facility with an annual production capacity of 450 million kilotons per year, to be located in the Ceyhan district of Adana, Türkiye.
  • Advised Limak Yatırım Enerji Üretim İşletme Hizmetleri ve İnşaat A.Ş. in connection with the financing of the Antalya-Alanya Motorway Project to be developed under the public-private-partnership model.
  • Advised EBRD in connection with a secured loan to Kavram Enerji Yatırım Üretim ve Ticaret A.Ş. (“Kavram Enerji”), an affiliate of Fiba Yenilenebilir Enerji Holding A.Ş., for the purposes of the development and construction of hybrid power plants and refinancing of some existing project finance loans of Kavram Enerji.

CE Partners in association with Clifford Chance

Drawing on the bench strength of Clifford Chance’s network of offices, CE Partners in association with Clifford Chance excels in handling the full spectrum of project financings and project developments, with clients crediting its ‘proactive approach and commitment to delivering practical, business-focused solutions’. A large proportion of this workflow relates to structured finance, infrastructure finance, and project finance. Leading the team is Sait Eryılmaz, who maintains a strong reputation in the infrastructure and energy realm, exhibiting strengths across both the Turkish market and Africa, Central and Eastern Europe, and the CIS region. Gökçe Uzun routinely advises lenders, sponsors, and developers on highly complex projects, including healthcare and transport PPPs. Başar Kırka brings knowledge across a wide range of project financings, with particular skills across EPC+F financings, ECA financings, and privatisations. Pelinsu Demircan is another key member of the team.

Praxisleiter:

Sait Eryılmaz


Weitere Kernanwälte:

Gökçe Uzun; Ali Can Altıparmak; Berke Avarkan; Melissa Mengü; Aykan Karpuzcu; Fatih Göktuğ İpin; Pelinsu Demircan


Referenzen

‘The team has a strong experience in complex deals, and backing this with their international offices adds additional power to their capabilities.’

‘Sait Eryılmaz and Gokce Uzun are the key individuals who stand out. Sait is very hands-on in all deals he participates in and has good client coverage. He has vast experience in the market and is a well-known partner. Gokce is a hardworking, solution-oriented lawyer.’

CE Partners is very skilled at handling complicated legal work, such as concession agreements, direct agreements, and debt assumption agreements. Their support has been key to making these projects successful. They stand out because they understand both the financial and legal rules very well, which helps them create practical solutions that work for businesses. They manage complex deals carefully, work well with others, and use new technology to make processes faster and clearer. This makes project delivery easier and more effective. Their team is strong, solution-oriented, and highly responsible.’

Kernmandanten

Actis


Asian Infrastructure Investment Bank


Akbank


Aksa Energy


Alternatifbank A.S


Arçelik


Avesoro Resources


Bank of America


Bank of China


Barclays Bank PLC


Ben Oldman European Asset Backed Lending S.A


BNP Paribas Fortis SA/NV


China Development Bank


Ciner Group


Citibank N.A.


Commercial Bank of Dubai PSC


DEG


Denizbank


Deutsche Bank AG


Development Bank of Kazakhstan


European Bank for Reconstruction and Development


Emirates NBD


Export Finance Norway


Export Development Canada


First Abu Dhabi Bank PJSC


Ford Otosan


Fraport AG Frankfurt Airport Services


Garanti BBVA


Goldman Sachs International


HSBC Bank plc


ICBC


International Finance Corporation


ING European Financial Services Plc


Invest International


Islamic Corporation for the Development of the Private Sector


İşbank


İş Energy


Japan Bank for International Cooperation


JP Morgan


KfW IPEX-BANK GmbH


Mapa Construction


MUFG Securities EMEA plc


Nederlandse Financierings Mij. voor Ontwikkelingslanden N.V


Pacific Investment Management Company


Petkim Petrokimya Holding


PROPARCO


QNB Finansbank


Rönesans Holding


SACE


SOCAR


Société Générale


Standard Chartered Bank


TAV Airports


Türkiye Kalkınma ve Yatırım Bankası


Türkiye Sınai ve Kalkınma Bankası


TurkExim


Türkiye Wealth Fund


UKEF


Uludağ Energy


UniCredit


Yapı Kredi


Yapı Merkezi


Ziraat Bank


Highlight-Mandate


  • Advising the lenders, including local and international financial institutions, JP Morgan, U.S. International Development Finance Corporation (DFC), HSBC, KfW IPEX-Bank, Proparco, Deutsche Investitions – und Entwicklungsgesellschaft (German Investment Corporation), and Akbank in financing up to US$1.012 billion for Enerjisa Enerji Üretim A.Ş. (Enerjisa Üretim).
     
     
  • Advising TAV Airports and Fraport AG on the EUR 2.5 billion long-term refinancing of Antalya Airport, one of the most significant airport financings completed in the region to date. The joint venture between the companies was awarded a new concession to operate the airport until December 2051.

Ergün Avukatlik Bürosu

Praised as 'sharp, responsive, and genuinely collaborative', Ergün Avukatlik Bürosu provides service to lenders and sponsors across a myriad of cross-border projects, including both the development and financing. Çağdaş Evrim Ergün maintains a prominent reputation in major energy, transportation, and health sectors, while Burcu Baltacıoğlu draws on in-house experience in banks to represent lenders and sponsors in energy and health projects. Gökhan Okan is a reputable practitioner with a particular standing amongst financial institutions.

Praxisleiter:

Cagdas Evrim Ergun; BurcuBaltacıoğlu; Gokhan Okan


Weitere Kernanwälte:

Irmak Yensel Nergiz; Lara Sezerler; Pelin Ecevit; Öykü Su Karahan


Referenzen

‘The individuals we’ve had the privilege of working with consistently distinguish themselves through a rare combination of legal expertise, commercial acumen, and a collaborative mindset. What sets them apart from their peers is not only their technical skill, but their ability to translate complex legal matters into practical, strategic solutions that remain fully aligned with our business goals.‘

‚Burcu Baltacıoğlu brought clarity and structure to one of our most complex transactions. Her precise, business-minded legal insight and seamless coordination enabled the team to maintain steady direction throughout. She balances strategic foresight with meticulous attention to detail, ensuring progress remains smooth and focused.‘

‚Irmak Yensel Nergiz played an essential role in our recent transaction. Her composed approach under pressure, unwavering dedication, and sharp eye for detail contributed greatly to the deal’s successful execution. Her proactive mindset and ability to sustain momentum had a tangible impact across the process. What we value most in these individuals—and what clearly differentiates them from others—is their ability to integrate deep legal expertise with a practical, results-oriented, and genuinely collaborative approach. Each of them delivers not only capability, but true partnership. ’

Kernmandanten

Dumlupınar Sağlık Hizmetleri A.Ş


Güriş Holding A.Ş


Güriş İnşaat ve Mühendislik A.Ş


Türkiye İş Bankası A.Ş


Türkiye Vakıflar Bankası T.A.O


Türkiye Sınai Kalkınma Bankası A.Ş


Türkiye Kalkınma ve Yatırım Bankası A.Ş


Gaziantep Hastane Sağlık Hizmetleri İşletme Yatırım A.Ş


Meridiam Eurasia SAS


Rönesans Sağlık Yatırım A.Ş


GZT Healthcare Investment B.V


Fernas İnşaat A.Ş


QNB Finansbank A.Ş


T.C. Ziraat Bankası A.Ş


Türkiye Halk Bankası A.Ş


J.P. Morgan SE


JP Morgan Chase Bank N.A


Bpifrance


Türk Ekonomi Bankasi Anonim Şirketi


Highlight-Mandate


  • Acted in a EUR 508,349,074 and GBP 230,000,000 multi-sourced financing for the conversion of Shotton Mill Limited into a leading, best-in-class containerboard and tissue paper manufacturer, comprised of ECA facilities supported by Finnvera plc, SERV Schweizerische Exportrisikoversicherung, and UK export finance and commercial facilities.
  • Represented Rönesans Holding and Samsung (Sponsors) in relation to the development and financing of Nakkaş-Başakşehir, BOT Model Motorway Project. With a total investment exceeding EUR 1 billion, this is one of the largest BOT infrastructure development and financing projects ever undertaken in Türkiye.
  • Represented the J.P. Morgan as the initial purchaser of in relation to the issuance of secured amortising bonds, financing the BOT model Sarıyer-Kilyos Tunnel Project in Türkiye.

Esin Attorney Partnership, Member Firm of Baker & McKenzie International, a Swiss Verein

Drawing upon the expertise of lawyers through the Baker Mckenzie network, Esin Attorney Partnership, Member Firm of Baker & McKenzie International, a Swiss Verein offers comprehensive legal support across the full life cycle of energy, infrastructure, and natural resources projects. Steering the banking and finance side of the group is Muhsin Keskin, a key player in the global financial market for his work on highly complex project finance deals. The firm was strengthened by the arrival of energy and infrastructure expert Şeyma Olğun, who brings skills across the energy, mining, construction, and infrastructure sectors, advising clients from project development and licensing to acquisitions and regulatory compliance.

Praxisleiter:

Muhsin Keskin; Şeyma Olğun


Kernmandanten

Biotrend Çevre ve Enerji Yatırımları Anonim Şirketi


Oyak Yenilenebilir Enerji A.Ş


YDA Havalimanı Yatırım ve İşletme Anonim Şirketi


Aksa Enerji


Borusan EnbW


Proparco


Akbank


ING


DZ Bank


Highlight-Mandate


  • Advising OYAK on the drafting and negotiation of EPC and O&M contracts for the development of license-exempt solar power plants with a total capacity of 340 MWp in Diyarbakır and Çorum, Türkiye, with an approximate deal value of USD 350,000,000.
  • Advising ING Bank on a USD 125,000,000 commercial facility agreement entered into with Enerjisa Enerji Üretim A.Ş. to finance the development, construction, ownership, operation, and maintenance of power plants with a combined capacity of 750 MWe across six connection regions in Türkiye.
  • Advising YDA Havalimanı Yatırım ve İşletme Anonim Şirketi (YDA) on the drafting and negotiation of EPC and O&M contracts for the installation of a license-exempt solar power plant on the roof of Dalaman Airport, operated under a build-operate-transfer (BOT) model.

Hergüner Bilgen Üçer Attorney Partnership

With a reputation in the PPP space, Hergüner Bilgen Üçer Attorney Partnership houses a team well-equipped to handle long-term development projects and new projects in the transport and infrastructure sectors. Excelling in cross-border transactions is co-founder Ümit Hergüner, who is highly recommended for his expertise across large-scale energy projects, notably those involving natural gas pipelines, renewable energy, and solar power. Senem Denktaş frequently advises on significant PPP projects in Turkey, with niche expertise in the healthcare sector, while Piraye Kuranel Başol is well versed in the full life cycle of project work, including development and financing. Adept in the banking and finance space, Yeşim Fethiye Api Şamlı is recommended for her involvement in significant PPP projects.

Praxisleiter:

Ümit Hergüner; Senem Denktaş; Piraye Kuranel Başol


Kernmandanten

DP World


EBRD


EIB


Export Development Canada


South Stream Transport B.V


Apollo


Limak


Highlight-Mandate


  • Representing the lenders in five healthcare campus PPP projects all over Türkiye for over a decade, including the project’s initial financing, the construction phase, and the operational phase and refinancing.
  • Representing the project company of the BTC petroleum pipeline throughout the project’s financing, construction, operations, and refinancing.
  • Represented Limak İnşaat Sanayi ve Ticaret A.Ş. and Mapa İnşaat ve Ticaret A.Ş. in a facility agreement regarding a loan facility amounting to EUR 28,048,658.80 for the financing of the engineering, manufacturing, supply, testing, commissioning, and start-up of one EPB Tunnel Boring Machine („TBM“) for the Silvan Dam 2.0 Tunnel in Türkiye.

KILINÇ LAW & CONSULTING

Standing out for its ‘collaborative style, cultural awareness, and international perspective’, KILINÇ LAW & CONSULTING is adept at project development, financing, refinancing, and restructuring. The firm is a key port of call for domestic and international financial institutions, sponsors and developers, corporations, stakeholders, and infrastructure participants. Founder Levent Lezgin Kılınç maintains a dominant reputation in this field through his extensive experience on landmark projects, with particular expertise in energy projects. Seray Özsoy Yavuz excels across international and domestic projects, with an active involvement across the energy, financial investments, as well as oil and gas sectors. Duygu Doğan brings diverse expertise into the project space, showcasing niche specialisms in fintech, e-commerce, and AI.

Praxisleiter:

Levent Lezgin Kılınç; Seray Özsoy Yavuz; Duygu Doğan Şahiner


Referenzen

‘The team stands out for its ability to combine strong technical legal expertise with a deep understanding of commercial and operational realities. Unlike many firms that are purely legal-text focused, Kılınç’s team takes a solutions-oriented approach, ensuring that contracts and financing structures are not only compliant but also practical for execution. A key strength is their cross-disciplinary collaboration, project finance lawyers work seamlessly with regulatory, corporate, and disputes colleagues, which provides clients with a “one-stop shop” for complex projects. Their responsiveness and ability to deliver under tight deadlines are also well above market standard.’

‘The individuals I have worked with at Kılınç Law & Consulting distinguish themselves through their accessibility, pragmatism, and genuine commitment to client needs. Unlike some competitors who remain purely theoretical in their advice, Kılınç’s lawyers take ownership of issues and provide commercially workable solutions. The partners demonstrate strong leadership, deep sector knowledge, and negotiation skills that ensure our interests are safeguarded even in complex, high-pressure situations. Associates are highly diligent, detail-oriented, and consistently responsive, which gives the client confidence that no point will be overlooked.‘

‚In particular, I have valued their ability to translate complex financing and regulatory concepts into clear, actionable strategies for our business teams. Their collaborative style, cultural awareness, and international perspective make them stand out from the local market and position them as trusted long-term advisors.’

Kernmandanten

TURKCELL


SOCAR Group Companies


Rma Group Companies


BOR ŞEKER A.Ş


Nordex Energy


Highlight-Mandate


  • Advised TDC Data Center in connection with a €100 million project financing murabaha facility provided by Emirates NBD (ENBD).
  • Advised on governmental authority in connection with a Chinese electric vehicle generation company’s USD one billion electric vehicle production facility project in Türkiye.
  • Advised Turkcell Finansman on a TRY 1.5 billion trade based sukuk issuance in the local market.

ASC Law Office

Delivering ‘end-to-end, bankable project solutions’, the team at ASC Law Office ‘combines deep Turkish regulatory expertise with international project-finance standards.' The firm is a key port of call for sponsors, corporates, financial institutions, and banks on the structuring, financing, development and operation of large-scale infrastructure, energy, and PPP projects. The team is led by Okan Beygo, who is a key contact in major infrastructure, renewable energy, and power projects. The ‘pragmatic and practical’ Levent Yetkil brings deep expertise in significant domestic and international project finance transactions, showcasing notable knowledge of infrastructure construction projects. Fulya Sert Topçu routinely represents leading financial institutions, borrowers, and sponsors across a myriad of project finance and project development cases.

Praxisleiter:

Okan Beygo; Levent Yetkil


Weitere Kernanwälte:

Fulya Sert Topçu


Referenzen

‘We have partnered with ASC Law on major projects, including securing project finance for a wind and solar development in Türkiye. Their expertise in complex legal structures and strong grasp of financial and regulatory frameworks enable them to deliver effective, tailored solutions. ASC Law’s precise transaction management, collaborative attitude, and use of technology make them a reliable and efficient partner.’

‘Working with ASC Law, especially Partners Levent Yetkil and Fulya Sert Topçu has been highly positive. Their expertise in project finance and renewable energy, along with their ability to manage complex legal agreements, sets them apart. We value their dedication, responsiveness, and practical, business-oriented solutions.‘

‘Being available to the client and problem-solving is one of the most expected uniqueness of a legal firm from my perspective. I think both features can be attributable to ASC.’

Kernmandanten

İstanbul Memorial Sağlık Yatırımları A.Ş


İGA Havalimanı İşletmesi A.Ş


İGA Holding A.Ş


Taya Yolcu Hizmetleri A.Ş


T. Garanti Bankası A.Ş


Yapı ve Kredi Bankası A.Ş


Highlight-Mandate


  • Representing IGA with regard to nearly all of its employment law-related litigation.
  • Advising İçtaş Güneş as borrower’s local counsel on the development, financing, and operation of a 100 MW solar PV project in Hatay, ensuring compliance with Turkish regulations and international environmental and social standards under the YEKA and YEKDEM renewable energy frameworks.
  • Acting as lead counsel to a major Turkish public bank on the financing of the Çukurova Regional Airport under the build-operate-transfer model, advising on successive investment rounds and drafting, negotiating, and amending key project documents, including the Direct and Debt Assumption Agreements, to enhance bankability and mitigate regulatory risk.

Bezen & Partners

Leveraging strong sector expertise, with particularly deep knowledge of PPP deals within the healthcare sector, Bezen & Partners provides comprehensive advice to Lenders, sponsors, developers, public and regulatory bodies, as well as industry associates. Heading the group is Yesim Bezen, who draws on dual qualifications in England and Turkey to provide expertise across domestic and international markets. Active across the finance, energy and infrastructure sectors, Banu Bölükemini distinguishes herself with specialist expertise in municipality financings. Known for his regulatory acumen, Aykut Bakırcı regularly helps industry players craft legislative proposals.

Praxisleiter:

Yeşim Bezen; Banu Bölükemini; Aykut Bakırcı


Kernmandanten

Rönesans Holding A.Ş


Eren Holding A.Ş


Eren Enerji Elektrik Üretim A.Ş


Pronet Güvenlik Hizmetleri A.Ş


Akfen Holding A.Ş


Landesbank Hessen-Thüringen Girozentrale and Finnvera


PNC Bank National Association


Dubai Aerospace Enterprise


China Aircraft Leasing Group Holdings Limited


Highlight-Mandate


  • Advised Aşiyan Enerji, Rönesans Enerji, and Rönesans Holding on a USD 169 million Euler Hermes–covered facilities‘ agreement with a UAE-based bank to finance three wind power plants across Renewable Energy Zones.
  • Advised Eren Holding, Medcem Madencilik, and Yeşil Ovacık Liman Hizmetleri on a syndicated financing with multiple Turkish banks to fund the expansion of a cement plant and the development of a port.
  • Advised Akfen Holding and its real estate investment trust on multi-jurisdictional financings and refinancing for hotel projects across Türkiye, Northern Cyprus, and the CIS.

Cukur & Partners

Showcasing a ‘strong collaborative team approach’, Cukur & Partners has carved out a strong position in the market, advising domestic and international sponsors, lenders, developers, public authorities and contractors on full-cycle project finance and development. Founding partner Devrim Cukur is a leading practitioner in this space, drawing on extensive experience in advising on large-scale transactional, financing, and regulatory structures. İrem Soyman Alevok is particularly skilled in the real estate, construction, and corporate finance space. Serhat Veyisoğlu‘s work centres on project finance, PPPs, and end-to-end legal support for infrastructure and real estate projects.

Praxisleiter:

Devrim Çukur; İrem Soyman Alevok


Weitere Kernanwälte:

Serhat Veyisoğlu


Referenzen

They have a strong collaborative team approach against their clients and act as a ‚one team‘ when it comes to providing any support where it’s needed.‘

The individuals tend to fully understand our needs in terms of what business is required in any specific legal case. This approach provides us to have the best solution we can get with a high quality of work.‘

Kernmandanten

Trouw Nutrition


Teka – Si.Me.Co


Skretting Yem


Chef Seasons


Tanyer Yapı


77 Construction


Teknokon


UPL Group


Europap Tezol


Dunia Technique for General Contracting Limited Şirketi


Ağaoğlu Energy Group


Artibir Group Companies


M.V. Holding Anonim Şirketi


TPI Composites Türkiye


Phinia


Highlight-Mandate


  • Advised Mitsubishi Electronics Corporation Turkey on the development and construction of its new large-scale production facility for electronic HVAC units in Turkey, an investment expected to significantly boost the client’s regional manufacturing capacity and operational footprint.
  • Advised 77 Construction on its consortium partnership with TAV Group for the construction of Mosul Airport, a strategically significant infrastructure project in Iraq.
  • Advised 77 Construction on its public-private partnership with the Afghan government for the development of a 22.75 MW solar power plant.

Gen Temizer Erdogan Girgin Attorney Partnership

Exhibiting a ‘rare combination of technical excellence, accessibility, and professionalism’, the team at Gen Temizer Erdogan Girgin Attorney Partnership is a key port of call for sponsors, lenders, and developers across a comprehensive range of project work, from financial structuring and regulatory work, to execution and dispute resolution. Ömer Erdoğan is well regarded for his work on a wide range of project financings, regularly steering the development and funding of major mining, infrastructure, industrial and real estate projects, including those featuring complex cross-border and ECA-backed structures. Göze Yıldırım brings a wealth of experience in advising municipalities, foreign development agencies, and financial institutions on the structuring and negotiation of infrastructure-related project financings. Baran Gen frequently handles large-scale renewable energy and infrastructure financings.

Praxisleiter:

Ömer Erdoğan


Weitere Kernanwälte:

Göze Yıldırım; Baran Gen frequ


Referenzen

‘The team is exceptionally responsive and client-oriented. Their reliability and commitment provide us with great confidence in every matter we entrust to them.’

‘The individuals we work with truly stand out for their deep expertise in their fields and their exceptional ability to deliver clear, practical solutions. Their command of English is outstanding, which makes cross-border matters and complex negotiations seamless. We particularly value their strong legal analytical skills, which allow them to break down sophisticated issues and propose effective strategies.‘

‚Both partners and associates demonstrate a rare combination of technical excellence, accessibility, and professionalism that clearly sets them apart from competitors.’

Kernmandanten

Centerra Gold


Commerzbank


Egis Tunnel Management


İstanbul Sabiha Gökçen International Airport


Limak Çimento


Summa Turizm


Highlight-Mandate


  • Representation of Limak Çimento on the drafting, negotiation, and execution of an EPC Contract for 4 solar power plants and the financing of these projects in the form of a seller financing structure.
  • Representation of Istanbul Sabiha Gökçen Airport (ISG) and Malaysia Airports Holdings Berhad (MAHB), the sole shareholder of ISG, on the T1 Transformation Project, which includes the renovation and expansion of the airport’s old terminal (T1), construction of a connection bridge to T2, development of an energy center, and related infrastructure works.

GKC Partners (in professional association with White & Case)

‘Premier law firm’ GKC Partners (in professional association with White & Case) takes a leading role in advising both sponsors and lenders on large-scale infrastructure and energy projects financed by commercial banks, development finance institutions, export credit agencies, and Islamic finance entities. Güniz Gökçe leads the group, expertly handling complex project and structured financings, while guiding clients through the regulatory aspects of large-scale infrastructure and development projects. Ateş Turnaoğlu is a trusted adviser to prominent financial institutions on sophisticated project financings, including ECA-backed deals, and leads on the structuring of high-value infrastructure and development finance transactions across the Turkish market. Kaan Alkan frequently represents international financial institutions, commercial banks, and sponsors across large-scale infrastructure and energy projects.

Praxisleiter:

Güniz Gökçe


Weitere Kernanwälte:

Ateş Turnaoğlu; Kaan Alkan


Referenzen

‘GKC are the premier law firm in Turkiye. Their knowledge in the project finance space is extremely impressive. What sets them apart is the sheer number of transactions which they are involved in. This enables them to have a greater knowledge of the market and in turn negotiate the best possible position for their clients.’

‘What makes this practice unique is their ability to combine deep legal expertise with a practical, business-minded approach. The team is highly responsive, solution-oriented, and consistently provides advice tailored to what we need. Their strong command of international legal norms and cross-border regulations has been particularly valuable in our global operations. We have also appreciated their openness to alternative fee models and use of technology to streamline communication. Their diverse, experienced team has become a trusted extension of our internal legal function, supporting us effectively across a wide range of complex legal matters.’

‘The individuals we work with GKC Partners stand out for their deep legal expertise, commercial insight, and clear solution-oriented communication. They demonstrate a strong understanding of our legal needs and consistently provide advice that is not only aligned but also safeguards our position, which has been invaluable. The team is responsive, pragmatic, and highly professional. GKC Parners has proven to be a trusted advisor, representing us effectively in both local and international matters with clarity, precision and strategic thinking.’

Kernmandanten

The Consortium of Lenders


Senior Financiers


Fernas İnşaat A.Ş


T. İş Bankası and TSKB


Kalyon Yatırım Holding A.Ş


Renell Kokshetau LLP


Highlight-Mandate


ÖzmenYalçin

With ‘strong communication skills, responsiveness, and collaborative mindset’ ÖzmenYalçin‘s team is praised for ‘anticipating challenges and presenting innovative solutions before issues escalate’. The team covers large-scale project finance, projects, and energy-sector transactions. With noted strengths in energy, infrastructure, and utilities transactions, Ömer Gökhan Özmen heads up the group, exhibiting ‘sound knowledge and profound know-how on many aspects of energy and projects deals’. Equipped to handle the full range of project agreements, from financing documentation to project development agreements, is Güneş Yalçın. Damla Keskin Şerbetcioğlu is a go-to for clients in the energy and retail sectors seeking advice at the intersection of banking and finance and projects.

Praxisleiter:

Ömer Gökhan Özmen; Güneş Yalçın; Damla Keskin Şerbetçioğlu


Referenzen

‘This practice stands out for its unique combination of deep sectoral expertise and client-focused approach. The team consistently delivers tailor-made legal solutions, balancing technical excellence with practical commercial insight. Potential clients will immediately notice the team’s responsiveness, precision, and ability to navigate complex matters with clarity. Compared to other firms, the practice distinguishes itself with its partner-driven service model, ensuring that senior lawyers remain actively engaged throughout each mandate. In terms of innovation, the firm has invested in cutting-edge legal technology to enhance efficiency and fostered a diverse and collaborative work environment. These efforts translate into a service experience that is not only legally robust but also efficient, transparent, and aligned with clients’ business objectives.’

‘The individuals I work with stand out for their exceptional blend of technical knowledge, commercial understanding, and accessibility. Unlike many competitors, they do not merely provide legal answers but rather craft strategic, business-oriented solutions that anticipate potential challenges. I have especially valued their responsiveness, clear communication, and unwavering commitment to delivering results.’

‘ÖzmenYalçın team has sound knowledge and profound know-how on many aspects of energy and projects deals. They have a very hands-on approach at a very senior level. They are very responsive.’

Kernmandanten

Demirtepe Enerji Üretim ve Ticaret A.Ş


Rönesans Yenilenebilir Enerji Yatırım A.Ş


Türkiye İş Bankası A.Ş


Polat Enerji Yatırımları A.Ş


Türkiye Sınai Kalkınma Bankası


Yapı ve Kredi Bankası A.Ş


Garanti Bankası A.Ş


Ziraat Bank A.Ş


Türkiye Halk Bankası A.Ş


Türkiye Vakıflar Bankası A.Ş


Odeabank A.Ş


Ekos Teknoloji ve Elektrik Anonim Şirketi


Biotrend Çevre ve Enerji Yatırımları A.Ş


Highlight-Mandate


  • Advised Demirtepe Enerji Üretim ve Ticaret A.Ş. owned by Rönesans Enerji Üretim ve Ticaret A.Ş. as guarantor in connection with the financing extended by Vakıflar Bankası and Akbank for the acquisition of Sibelres Elektrik Üretim A.Ş. and its wind power plant located in İzmir, having an installed capacity of 86.8 MW.
  • Advised İş Bank on a project financing totalling USD 75,000,0000 for 175 MW CCGT Power Plant Project in Kumasi, Ghana by way of sub-lending by Aksa Enerji to its SPV in Ghana.
  • Advised Systemair on the subcontract executed with WOTS Uluslararası Dış Ticaret ve Danışmanlık Limited Şirketi (WOTS) in connection with the MAS Contract titled Contract for Manufacturing and Supply of Air Handlings for Power Units No. 1, 2, 3, 4 and General Plant Building and Structures of “AKKUYU” Systemair WOTS Contract (WOTS Contract).

Paksoy

With ‘deep market knowledge’, the team at Paksoy is well-positioned to navigate the complexities of all phases of project financing, from due diligence to drafting and negotiating project and financing documents. Credited for forming a team of ‘well-trained and enthusiastic associates who work well together to provide legal and commercial solutions’ is head Sera Somay, whose work centres on advising sponsors, lenders, and governmental bodies on PPPs, privatisations, and ECA- and DFI-backed transactions across the power, gas, mining, and construction sectors.

Praxisleiter:

Sera Somay


Referenzen

‘Sera Somay has created a team of well-trained and enthusiastic associates who work well together to provide legal and commercial solutions. Their advice is well researched and considered, and they are able to efficiently resolve complex legal issues, including where deadlines are tight.’

‘Sera Somay is excellent. She is hardworking and available. She has excellent insight into complex issues and is able to advise on solutions in a commercial manner.’

‘This firm is great because they know the Turkish energy market well and work very fast and affordably. They give clients simple, useful advice. Their partners are quick and flexible, making sure foreign investors get the information they need right away to deal with local regulations.’

Highlight-Mandate


  • Advising a consortium formed by Samsung C&T and Korean sovereign wealth funds KIAMCO and KIND, on their investment in the company developing the Nakkaş-Başakşehir section of the Northern Marmara Highway Project, which attracted a total investment of EUR 1.43 billion from five project sponsors and 16 financial institutions.
  • Advising TÜV SÜD on the tender process for the privatisation of the construction, maintenance, and operation of vehicle inspection stations in Turkey in two regions.
  • Advised Bank of America Europe and ING Bank as lead mandated arrangers and First Abu Dhabi Bank as agent on a USD 500 million loan extended to Turkey Petrol Refineries (Tüpraş), a leading energy company and the largest industrial enterprise in Turkey.

Tunc Firat Dereli Attorney Partnership

Showcasing a unique ‘commitment to innovation’, Tunc Firat Dereli Attorney Partnership is home to a team of experts well-equipped to advise sponsors, lenders, and investors on the structuring, financing, and execution of large-scale, cross-border energy, infrastructure, and natural resources projects. The practice has particular expertise in asset-based financing and transactional documentation. Leading the group is Zeynel Tunç, who exhibits a ‘blend of legal acumen and technical insight’ when advising on the structuring, financing, and regulatory aspects of large-scale energy, infrastructure, and mining projects, including PPPs and privatisations involving DFIs and ECA. Notably skilled in the shipping, energy, LNG and gas sectors is Nazlı Dereli Oba, who draws on in-house experience at banks and energy companies to advise on large-scale projects.

Praxisleiter:

Zeynel Tunç; Nazlı Dereli Oba


Referenzen

‘Tunç Fırat Dereli Law Firm stands out for its deep expertise in contract law, particularly in the energy sector and EPC agreements. What makes this practice truly unique is its ability to combine legal precision with a strong understanding of industry dynamics, a rare and valuable trait in complex infrastructure projects. The team is exceptionally responsive, pragmatic, and solution-oriented, consistently delivering high-quality legal support under tight timelines.‘

‚Compared to other firms, Tunç Fırat Dereli offers a more agile and sector-savvy service model, which is especially critical in fast-moving and high-stakes environments like energy and infrastructure. The firm’s commitment to innovation is reflected in its flexible engagement models, proactive risk management strategies, and its ability to adapt legal frameworks to evolving project realities. In short, Tunç Fırat Dereli Law Firm is not just a legal advisor; it is a strategic partner that adds tangible value to every stage of the project lifecycle.’

‘Clients will appreciate the firm’s strong communication culture and collaborative approach. Zeynel Tunç, in particular, brings a remarkable blend of legal acumen and technical insight, often engaging with project teams as effectively as senior engineers or commercial leads. This level of integration ensures that legal advice is not only sound but also operationally relevant.’

Kernmandanten

Acacia Maden İşletmeleri A.Ş


Tekfen Holding


Gülermak Ağır Sanayi İnşaat ve Taahhüt A.Ş


BAK Enerji Üretim A.Ş


Ravago Petrokimya Üretim A.Ş


Shotton Mill


Highlight-Mandate


  • Advised Acacia Maden İşletmeleri A.Ş., as the borrower, in relation to various project financing transactions.
  • Advised Tekfen Holding on a bridge loan facility intended to refinance the existing debts of its subsidiaries and to support its sustainability and green energy investments.
  • Advised BAK Enerji Üretim A.Ş. (a joint venture of Beyçelik Holding A.Ş. and Elawan Energy SL) in connection with financing additional investments, including the capacity extension of an existing wind power plant and its conversion into a hybrid power plant.

YAZICI Attorney Partnership

Recommended for being ‘responsive and providing extensive legal expertise’, YAZICI Attorney Partnership has a strong reputation in the natural resources, construction, and power generation industries, with work encompassing the structuring, regulation, and financing of large-scale development projects. With a ‘solution-oriented’ approach, Kerem Ariç leads the team, bringing knowledge in the structuring and managing of financings for major energy and natural resources projects. Ayşe Yazici Adanir is well-equipped to execute project finance transactions for both borrowers and lenders, with particular experience in oil and gas projects.

Praxisleiter:

Kerem Arıç; Ayşe Yazıcı Adanı


Referenzen

‘All the team members are expert in the field. They are very responsive and provide extensive legal expertise. The works quality is always excellent and covers all the aspects, clear and to the point.’

‘We mainly work with Kerem Arıç. He is always reachable, time management skills are excellent. His approach to the matters is solution-oriented.‘

‚The signing and closing were perfectly organised in three countries. With such a team, we know for sure that the deal will be perfect from the beginning to the very end.’

Kernmandanten

Anel Engineering & Contracting


BNP Paribas SA


ING European Financial Services PLC


Marsa Turkey B.V


Taq Taq Operating Company Limited


Lumhouse Enerji Sanayi ve Ticaret Anonim Şirketi


UK Oil and Gas


Ermas Marble- Coante Quartz Surfaces


WasteFuel Global Inc and ITC-KA Enerji Üretim Sanayi ve Ticaret A.Ş.


Highlight-Mandate


  • Advising Anel Engineering & Contracting, the UK arm of the leading Turkish engineering company Anel Elektrik (“Anel UK”) on a large-scale industrial project in Northern Wales, UK.
  • Representing a bank consortium as the lenders, on Turkish law issues in relation to a USD 120 million senior secured project finance facility.
  • Advising Taq Taq Operating Company Limited in the context of the company’s oil and gas exploration and production activities in the Kurdistan Region of Iraq.

Boden Law

With particular depth in the energy sector, Boden Law is well-equipped to advise on project-related matters, including project finance transactions, counting energy, infrastructure, and real estate companies, as well as financial institutions as part of its client roster. Founding partner Değer Boden maintains a track record in the energy and arbitration space, where she steers project development and finance transactions. İnanç Akalın is noted for his expertise in real estate law and frequently advises on major infrastructure and superstructure projects, including highways, ports, and hospitals.

Praxisleiter:

Değer Boden; İnanç Akalın


Kernmandanten

CCN Holding


Erciyas Holding


Sanko


Statkraft


Mercedes Benz


Steag/İsken


Aksa Enerji


Koç Entek


Tırsan


Gunvor SA


Aalborg CSP A/S


Hitachi Energy Turkey Elektrik Sanayi Anonim Şirketi


C2FO


Highlight-Mandate


  • Represented Koç Entek regarding its acquisition of 54,4 MWm/50 MWe wind power plant with a total deal value of USD 53 million.
  • Represented Gunvor in two separate fuel purchase financing transactions and their security packages with deal values USD 80 million and 225 million respectively.
  • Representing Hitachi Energy on its acquisition and purchase of new factory and sale of its old factory building.

DURUKAN+PARTNERS

DURUKAN+PARTNERS is skilled in acting in major infrastructure, superstructure, and urban regeneration projects, including highways, ports, and hospitals. The team often advises national and international clients on drafting, negotiating, and executing complex construction and operation agreements. Practice head Begum Durukan Ozaydin is recognised for her expertise in advising on large-scale energy, telecom, infrastructure, and tourism developments. Hikmet FADILLIOGLU places focus on corporate and commercial-related projects.

Praxisleiter:

Begüm Durukan Ozaydın; Hikmet Fadıllıoglu


Kernmandanten

China Development Bank


Emaar Libadiye, Emaar Properties


Ansaldo Energia SpA


Apple Inc.


Enka İnşaat ve Sanayi A.S.


European Bank for Reconstruction and Development


FMO


Highlight-Mandate


  • Advised Ansaldo Energia SpA as shareholder in connection with the default under the financing documents of Yeni Elektrik, the operator of the 865 MW gas-fired combined cycle power plant in Gebze.
  • Advised FMO, the Dutch entrepreneurial development bank NEDERLANDSE FINANCIERINGS-MAATSCHAPPIJ VOOR ONTWIKKELINGSLANDEN N.V, on a USD 75 million financing in Türkiye for a publicly held company listed on Borsa Istanbul, supporting the refinancing of outstanding debt and the funding of a new factory and storage facilities.
  • Advised Apple Inc. on development of its Bagdat Street Flagship Store as well as Zorlu and Akasya stores, including lease negotiations, construction, licensing, and post-construction and operational issues.

Ertekin Attorney Partnership

Credited for its ‘industry experience, positive approach, and analytical skills’, Ertekin Attorney Partnership is active on high-value energy and infrastructure financings, covering solar, wind, hydro, and geothermal projects for a diverse client base. Ali Barış Ertekin boasts deep expertise in project development and in the financing and privatisation of major power and infrastructure projects. Ali Temuçin Akalın is skilled across a broad range of financing deals, from the preparation and negotiation of finance to financial closings.

Praxisleiter:

Ali Barış Ertekin; Ali Temuçin Akalın


Referenzen

‘Ertekin Law Partnership is highly skilled in its field and works in a solution-oriented manner as a team. They have strong communication skills, are always cheerful, and demonstrate a highly competent performance in project financing processes. They are able to easily find solutions to emerging issues. This results in a secure and comfortable working environment when collaborating with them.’

‘In the project financing process, Barış Ertekin, along with Ali Akalın, stands out due to his knowledge, expertise, and his qualities as an excellent mediator. You can always work securely with Ali Temuçin Akalın during project financing processes, and he will consistently find logical solutions to your issues. Unlike many of our colleagues, he has a comprehensive mastery of his subject matter.’

‘The Ertekin team was extremely supportive, drafting documents efficiently and managing negotiations with sensitivity and a focus on consensus.’

Kernmandanten

Türkiye İş Bankası A.Ş


T.C. Ziraat Bankası A.Ş


Yapı ve Kredi Bankası A.Ş


Türkiye Sınai Kalkınma Bankası A.Ş


Türkiye Vakıflar Bankası T.A.O


Türkiye Halk Bankası A.Ş


Türkiye Garanti Bankası A.Ş


Güriş İnşaat ve Mühendislik A.Ş


Garanti Portföy Yönetimi A.Ş


Highlight-Mandate


  • Acted as lender counsel in connection with the USD 100,000,000 financing of a port capacity expansion project undertaken by a major energy producer in Türkiye.
  • Acted as legal counsel to Türkiye Sınai Kalkınma Bankası A.Ş. in connection with the EUR 85,000,000 project financing provided to Nata Tarım Üretim ve Ticaret A.Ş. for the development and construction of technologically advanced greenhouses utilizing geothermal resources.
  • Represented Türkiye İş Bankası A.Ş. in connection with the USD 80,000,000 project financing of a hybrid geothermal power plant with an installed capacity of 24.5 MW.

KST Law / Kinstellar Istanbul

KST Law / Kinstellar Istanbul is a key contact for large-scale projects and project finance, advising sponsors, lenders, and public authorities on transport, energy and industrial infrastructure, showcasing noted skills in cross-border and English law-governed project financings. Steering the practice is Edmund Emre Özer, who has expertise in energy and infrastructure, while Mert Elçin counts a diverse range of local and international clients within his client roster, routinely advising on cross-border transactions with a Turkish nexus.

Praxisleiter:

Edmund Emre Özer


Weitere Kernanwälte:

Mert Elçin


Kernmandanten

Başkent Doğalgaz


BYD


Limak


Met-Gün Group


Mutlu Akü


Partners for Growth


Quexco Inc


RMA Group


SK Innovations


Torunlar Group


ZTE Corporatio


Highlight-Mandate


  • Advised Quexco Inc, a US-based diversified private holding company with investments in the lubricants and battery sectors, in connection with a secured loan facility provided by Garanti BBVA, Vakifbank, and Ziraat Bank to its Turkish subsidiary, Mutlu Akü.
  • Advised BYD on various aspects of its market entry in Turkey.
  • Advising ZTE Corporation on its solar power construction project for Türk Telekom to meet a quarter of its energy needs.

Lexist Law Firm

Lexist Law Firm houses a capable team of experts who frequently advise on large-scale investment and PPP projects across the infrastructure, energy, banking, and other highly regulated sectors. Murat Erbilen has a strong track record for his role in complex, high-value project financing and development matters across Turkey.

Praxisleiter:

Murat Erbilen


Kernmandanten

Aydın Group


IC Holding


Highlight-Mandate


  • Advising IC Holding on USD 405 million worth of  secured amortising notes.
  • Advising a key client on their succession of renewables power plant projects throughout Türkiye.
  • Advising on the establishment of a Turkish digital participation bank (TOM Project) and the partial sale of the bank to Dubai Islamic Bank.