Classements LEGAL 500 EMEA – Project Finance 2014/2021

Legal 500 EMEA 2018/2021: Project Finance (Band 2)

De Pardieu Brocas Maffei is one of the banks’ preferred advisers for mid- to large-scale French infrastructure projects. Headed by Jean-Renaud Cazali, the practice handles work spanning a wide range of areas, including telecoms, public building and sport facilities. It is frequently involved alongside banks and energy operators on project work in the renewables energy area. Recently, the practice also advised on the refinancing of large projects, including the new home of the Tribunal de grande instance de Paris. Senior associate Antoine Payen also provides strong support. Testimonials: ‘Beyond a very high level expertise proven in financing, we noticed that the firm has a culture of dealmakers with a balanced approach between all parties and a search for understanding and adaptation to the business context of the deal.’ ‘Antoine Payen (senior associate of Jean-Renaud Cazali) demonstrates great determination in representing the client’s interests and real listening skills.’ (2021)

Headed by Jean-Renaud Cazali, the team at De Pardieu Brocas Maffei regularly receives instructions from banks to advise on large and mid-size infrastructure and energy projects in France. The practice shoulders a high volume of work, primarily for banks, but also for energy companies. Recent work includes several significant refinancings, for example assisting EIB with Lisea’s €2bn debt in the context of the new high-speed railway line ‘SEA’, and advising Puy du Fou on the financing of a new leisure park in Spain. Financing and refinancing deals in the cogeneration and renewals sector is another busy line of work, with recent examples including assisting CIC and Auxifip with the financing of the acquisition of a majority stake in a Dalkia-held cogeneration facilities portfolio by Amundi Transition Energétique, and advising the lenders on the financing of the conversion of a 33.5MW coal-fired power plant into a thermal biomass plant. Senior associate Antoine Payen is also recommended. Testimonials: ‘Jean-Renaud Cazali is a very experienced and highly technical lawyer who has a strong knowledge of the market and a commercial approach. He is an excellent negotiator, very pragmatic and business-friendly. He perfectly defends his clients’ interests and has the ability to find solutions, to reconcile positions and to conclude a deal.’ ‘Senior associate Antoine Payen is very efficient, reactive and has a good knowledge of the market. His understanding of legal and business issues make him a very competent and reliable adviser, able to fully defend his clients’ interests while being very pragmatic and a deal maker.’ (2020)

De Pardieu Brocas Maffei has strong project infrastructure finance expertise. The firm regularly advises domestic and international lenders on project financing in France. It recently handled the financing of several new mid-sized infrastructure projects and was also involved in large refinancing transactions in the broadband telecoms and energy sectors. Other work includes assisting the European Investment Bank with the refinancing of Nord-Pas de Calais’ broadband network project and advising Neoen on the refinancing of Europe’s largest photovoltaic park near Bordeaux. The firm, which is a key player in the energy sector in France, has strong financing capabilities in this area and also has considerable experience acting for sponsors on high-profile brownfield transactions. Practice head Jean-Renaud Cazali is highly respected. Also noted are Christine Le Bihan-Graf for public law issues and Thomas Bréart de Boisanger for corporate matters. (2019)

De Pardieu Brocas Maffei has ‘excellent project finance’ expertise, especially for lenders. The practice recently advised on some of France’s largest broadband network PPP projects, including assisting the European Investment Bank with the financing of a high-speed internet network in the Hauts-de-France region. Energy is another strong field of expertise: here the group recently assisted the lenders (CIC and Auxifip) with the financing of a €150m acquisition of a majority stake in a 330MW cogeneration facilities’ portfolio held by Dalkia. The ‘brilliant’ Jean-Renaud Cazali impresses with ‘very high level expertise’ and ‘exceptional quality of work’; Christine Le Bihan-Graf is also involved in the regulatory and public law aspects. (2018)

Legal 500 EMEA 2014/2015: Project Finance (Band 2)

De Pardieu Brocas Maffei A.A.R.P.I has ‘strong knowledge of the renewables field’, where it provides ‘a high level of legal engineering’. The firm is involved in some of France’s largest biomass, wind and solar energy projects and M&A deals; it recently advised Neoen on the financing of the construction of a biomass cogeneration plant. Key figures include Jean-Renaud Cazali, Christine Le Bihan-Graf and M&A partners Patrick Jaïs and Thomas Bréart de Boisanger. (2015)

De Pardieu Brocas Maffei A.A.R.P.I advises lenders and sponsors in the renewable energy sector and assisted TIGF during its sale to a consortium. Regulatory expert Christine Le Bihan-Graf is highly regarded. Jean-Renaud Cazali often acts for lenders on university and energy projects. Corporate partner Patrick Jaïs is also active in the energy sector. (2014)