Project Finance has become a popular technique for large-scale projects where substantial lending is required against a controllable and predictable cash flow.  Turkey, as a leading emerging economy, is attracting a considerable amount of investment and project finance is used widely as a financing method.

Pekin & Pekin has a dedicated project finance team that has advised on the biggest transactions in the jurisdiction. This team understands the need for well-drafted financing documentation that protects the interests of all parties concerned and generally acts for the Lenders.

Our expertise in Project Finance covers the following:

• Project structure and contractual issues
• Drafting and negotiating project agreements
• Advising on direct, security or sponsor support agreements
• Understanding financial issues
• Mitigation and avoidance of risk
• Structuring security packages
• Power purchase agreements and concession agreements in the sectors transport, water, health and education

The team is innovative in the use of new and standard finance methods and opportunities, for example:

• Derivatives
• Structured finance
• Securitisation
• Sukuk and Islamic finance
• Project bonds
• Leveraged leases
• Commodity securitisations
• Monetisations
• Pooled asset funds
• PPP/PFI