Project financing issues have become increasingly important in Russia in the last few years. The mechanism for attracting project financing, including under public-private partnerships, has proved to be efficient by making it possible to attract borrowed funds to develop infrastructure, and social and sports projects, all while stimulating business development and providing private companies with an opportunity to cooperate with the government in implementing strategically important projects.

CLS is the advisor to the Government of St. Petersburg on a range of strategically important infrastructure projects and has extensive experience in working with the Government of the Leningrad Region. CLS is a consultant to the World Bank on legal issues in infrastructure project implementation in Russia.

CLS has extensive experience in supporting infrastructure projects, including projects implemented using bank financing. We provide legal support at all stages of project implementation, starting from structuring to completion and, if necessary, represent clients in court in disputes related to project implementation.

Chambers & Partners and Legal 500 recommend the CLS Project Finance and PPP practice for companies implementing infrastructure projects in Russia.

Our services:

• Developing a road map for effective and successful cooperation between the potential investor and public authorities of any level;
• Developing an organizational and legal framework for the project, including liaising with financial and technical advisers to develop a financial model and technical and economic description of the project;
• Drafting tender documentation, support at the tender stage, participation in all negotiations as necessary;
• Drafting documents for entering into an agreement based on a private initiative, including concession agreement projects and PPP agreement projects;
• Legal support in the course of the financial closure and drafting documents to attract financing, including direct agreements;
• Legal support for implementation of the PPP project throughout its life cycle;
• Developing and support for contractor and operator agreements under the project.