Project Finance

Project finance plays a significant role in diverse international finance practice of DEVRES. The lawyers of DEVRES are experienced to recognize the needs of the investors and the creditors and with their successful past practices, they render legal services to foreign companies, export credit agencies, commercial banks and international financial institutions.

Energy, infrastructure and tourism projects are the important parts of the project finance practices of DEVRES.


enThe lawyers of DEVRES represent either the investors or the creditors in energy projects. They worked in the financing of hydroelectric power plant subject to concession and two of the four major grandfather gas fired power plants structured under BOT model. As a unique experience, they have been involved in all BO model gas fired projects going on in Turkey.

As well as gas fired power plants, the lawyers of DEVRES have also given legal advice on geothermal, wind power, renewable energy projects and the transfer of operation rights of coal fired plants and coal mines.

Within the scope of the Natural Gas Law in Turkey, the lawyers of DEVRES represent the clients in the distribution of natural gas and the establishment of regasification and storage units in Turkey and abroad. Construction and operation of cross border pipelines under multinational agreements are important aspect of energy projects. The lawyers of DEVRES also represent the clients in the transportation of LNG.

The lawyers of DEVRES represent the companies in the generation and distribution of electricity and take a part in the process of privatization of the electricity market.

DEVRES has an important part in the liberalization and privatization of energy sector in Turkey.


mtIn addition to the energy projects, the lawyers of DEVRES represent the clients in transportation projects such as metro, light rail transportation, mass rail transportation, highways, and bridge crossings. DEVRES represents the clients in Turkey and abroad, in construction, operation and maintenance of ports, airports and energy plants.


In the tourism sector, the lawyers of DEVRES represent the clients in the financing of various hotels in Turkey and abroad. DEVRES has a vast experience in drafting and negotiating hotel management agreements, operating agreements, license and royalty agreements, lease agreements, building management agreements and landlord agreements.