Loyens & Loeff

Projects Team

The Loyens & Loeff Projects Team provides integrated Benelux legal and tax advice on a wide variety of complex projects in various sectors, including renewables, oil & gas, power & utilities, transportation, construction and infrastructure. Our Projects Team has handled a wide range of transactions, including: asset-based project financing, construction, engineering and project agreements, power purchase agreements and Public Private Partnerships and Financing (PPP/PPF).

Expertise
The Projects Team consists of dedicated real estate, energy, finance, corporate, procurement and tax lawyers who each have an excellent reputation in their own area of expertise. By combining the expertise of our team members we can field the most suitable deal team for each project.

Our strong and proven legal expertise with projects in combination with our  generally recognised strengths in tax and regulated markets sets us apart from most of our competitors. Moreover, more often than not, the value that an outside legal team can bring to a project hinges on its understanding of underlying tax considerations, its awareness of regulatory pitfalls,  business requirements and interface risks, and its capability to handle  large and complex transactions proficiently.

Clients
Profiting from the Project Team’s multidisciplinary capabilities in projects, we  earned our place in several landmark projects such as the Belwind wind farm ('European power deal of the year 2009' award by Project Finance International, 'European offshore wind deal of the year 2009' award by Project Finance Magazine and 'Renewables Deal of the Year 2009' by Infrastructure Journal) and the Northwind wind farm in Belgium (‘European offshore wind deal of the year’ award by Euromoney/Project Finance Magazine), where Loyens & Loeff acted as project counsel.

How we work
Where required the Projects deal teams are supported by our top-ranked notarial (in the Netherlands) and litigation practices. With offices around the world in close contact, we can moreover provide seamless communication with local parties involved and bridge time zones when so required. As the largest independent law and tax advisory firm in the Benelux we have unlimited freedom of choice in selecting lawyers from non-Benelux jurisdictions who, in terms of client or lender preference, expertise, reputation, fees, support staff  or otherwise, are best suited to work with us on a given project.

The Projects Team assists and advises a wide variety of parties such as sponsors, lenders, equity investors, governments, construction contractors, utilities and equipment suppliers. Clients often involve us in the early development stages, enabling us, for example, to provide insight on tax depreciation policies and timing of cash flows, to advise on bankability and to anticipate and where possible resolve regulatory constraints. Our frequent involvement in the early stages of a project is commensurate with our ambition to scope our work from our preferred role as trusted adviser to the client.

Members of the Projects Team are happy to provide information on request and discuss case by case the Team’s experience and track record in a more detailed and customised format.