Project Finance

Gokkilic has successfully worked on transactions involving energy-related and other infrastructure facilities in Turkey over the course of the past ten years. For example, Gokkilic has represented an international consortium of investors in connection with the transfer of operation rights of a large thermal power plant under a concession agreement. The scope of work in this project encompassed preparation and negotiation of project agreements with the governmental authorities, provision of legal advice on various aspects of Turkish Law relating to the transfer of operating rights of the facilities and transfer of employees and preparation of the legal structure for provision of financing for the project.

Some other recent projects which Gokkilic has been actively involved in are :

  • Representation of an American based multinational energy company in connection with the construction of a power plant. Specifically, Gokkilic has been actively involved in the drafting of the Turn Key Contract for the Combined Cogeneration Power Plant and all necessary ancillary agreements and documents, relevant actions for the closing of the project. Gokkilic has also been involved in financing arrangements for the project and have assisted the client in its negotiation with lenders.
  • Rendering legal services in the provision of finances by a German development bank for constructions and operation of a water treatment facility in Kayseri / Turkey. Gokkilic was also involved in the privatization project of the operation rights of the water treatment facility.