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.

Capital Legal Services 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. Capital Legal Services is a consultant to the World Bank on legal issues in infrastructure project implementation in Russia.

Capital Legal Services 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 Capital Legal Services Project Finance and PPP practice for companies implementing infrastructure projects in Russia.

Our services:

• Developing organizational and legal arrangements for project implementation and providing services on arranging and holding tenders, including for use of the PPP mechanism

• Developing a regulatory and legal base for arranging and holding tenders

• Legal support at the stage of preliminary qualification and the tender stage, including assistance in preparing applications and tender offers

• SWOT analysis of projects

• Developing draft concession/PPP agreements and draft direct agreements with financing organizations

• Representing clients during negotiations with public sector representatives, as well as negotiations with general contractors and financing organizations

• Advice on tariff policy issues; and support in the course of tariff approvals

• Advice on civil law, land, town-planning, tax and other issues during project implementation