Associate / Snr Associate - Project Finance
2 weeks ago
**DUBAI**
**THE OPPORTUNITY**
- Deliver excellent client service and manage and deliver discrete pieces of legal work.
- Make an effective contribution to the firm’s work by aiming to meet and exceed target hours.
- Build a solid foundation of commercial and legal expertise within a chosen area of law and strengthen relationships with clients, frequently acting as a direct point of contact.
- Be responsible for some management and delegation of work to and support of junior colleagues.
**SKILLS, EXPERIENCE AND QUALIFICATIONS**
- Knowledge of the local market across the Middle East.
- English fluency is a requirement and Arabic would be helpful.
- Solid knowledge of financing (project, asset and corporate financing).
- Strong legal skills, including drafting, negotiation and project management skills; foundation level people management and business development skills.
- Good understanding of law firm profitability and key drivers for financial efficiency; and ability to help manage costs and budgets.
**GROUP / TEAM**
Finance
**GROUP / TEAM DESCRIPTION**
The Energy, Natural Resources & Infrastructure Finance team focusses on the financing and development of projects across those sectors. The products involved include project finance, acquisition finance, structured finance, some project-related capital markets products, as well as public finance to provide bespoke solutions to complex problems.
We work across the entire oil & gas sector from upstream to downstream and petrochemicals, power, infrastructure and mining, with a particular emphasis on activities in emerging markets.
The practice has a substantial presence in London, Paris, Madrid, Moscow, Abu Dhabi, Dubai and throughout Asia and Australia where we are the leading and largest firm in the market.
We are highly ranked in all of the directories and one of only six firms on the IFC's global legal panel. We have acted on some of the most complex and ground-breaking project finance deals. Clients include banks, multilateral agencies, project sponsors and governments on the full range of bank and capital markets financing techniques.
Key clients include: IFC, EDF, Carlyle, Vitol, BNP Paribas, Société Générale, HSBC, Standard Chartered, Antin, and BP
Recent work includes:
- Vitol on its US$7 billion oil and gas project in Ghana, reportedly the largest single project foreign direct investment inflow to Ghana since Independence
- EDF and its wholly owned subsidiary NNB on the UK-backed project bond financing for the Hinkley Point C nuclear power project, valued at c. £17billion
- the lenders on US$2 billion reserve-based facility to support the acquisition by Neptune Energy of Engie's exploration and production business
- the lenders to a consortium led by Cintra, Macquarie and Porr on the financing of two new sections of the D4 and three new sections of the R7 Expressway in Slovakia
- Intesa SanPaolo and the mandated lead arrangers on a US$4 billion oil-backed pre-export finance facility for Petroleum Development Oman LLC
- a group of 23 lenders on an up to US$5 billion reserve-based lending facility for Lundin Petroleum relating to assets in Indonesia, Malaysia, Netherlands, Norway and France
- the sponsors on the financing and development of the Nord Stream 2 gas pipeline, which, when completed will transport natural gas from Russia through the Baltic Sea to Germany
- the lenders, led by ING Bank, on a reserve-based lending facility for Assala Energy (a Carlyle Group-backed entity) for the acquisition of oil and gas assets in Gabon from Shell
- the lenders on a US$3 billion prepayment facility for KazMunaiGas, supported by offtake by Vitol
**ROLE TYPE**
Legal professionals/Practice Group
**CONTRACT TYPE**
Permanent
**WORKING PATTERN**
Full Time
**DIVERSITY & INCLUSION**
At Herbert Smith Freehills you will be part of a diverse, innovative culture where high performance, client focus and highly engaged people are our differentiator. People at our firm come from a range of backgrounds and bring a wide variety of experiences and perspectives to their work with us. We strive to ensure that our inclusive environment means you feel valued and able to perform at your best by being your authentic self at work. We know that our future success not only depends on being innovative and progressive in the changing legal market but, most importantly, on our people feeling highly engaged in meaningful work.
We understand that you have commitments and personal interests outside of work and we strive to create a working environment based on mutual trust and respect, in which you can perform at your best whilst maintaining sustainable balance across your life.Herbert Smith Freehills
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