Pavel Karpunin is a Partner at Capital Legal Services. Pavel heads the Project Finance and Public-Private Partnership (PPP) practice and supervises the Corporate practice.

During more than 20 years of his experience, Pavel implemented large-scale projects for Russian and international companies in various fields, including transport infrastructure, health care and pharmaceuticals, consumer market, banking and financial sector, automobile industry, etc.

Under Pavel’s guidance, several of the largest federal and regional PPP and project financing projects were completed, representing both private investors and public partners such as the Russian Ministry of Transport, the Government of St. Petersburg, the Government of Khabarovsk Region, Pulkovo Airport OJSC, Perm Concession Company LLC, etc.

Pavel’s expertise also includes mergers and acquisitions, corporate restructuring, capital markets deals. Pavel has extensive experience of advising companies in the implementation of their investment projects in Russia.

Pavel is recommended by Chambers Europe, 2018 as an expert in commercial law (Band 4) and PPP (Band 3). Clients speak of Partner Pavel Karpunin as a professional who “tries to solve problems in the right way and reduce legal risks.”

Legal 500 EMEA, 2018 recommends Pavel as a professional and expert of the highest level in such areas as corporate, commercial law and public-private partnership.

The PPP practices headed by Pavel take top positions (Tier 2) in Legal 500 EMEA, 2018 rating.

Chambers Europe, 2018 also highly appreciates work of the Commercial Law practice (Band 2), as well as the PPP practice (Band 2).

Areas of Law:

• Project Financing and Public-Private Partnership (PPP)
• Corporate Law/ Mergers and Acquisitions
• Contract Law
• Infrastructure Projects
• Labor Law
• Natural Resources & Energy Sector
• Pulp & Paper Indusrtry

Education:

• Moscow State University Law School (1995, graduated with highest honors)
• Russian Institute of State Registrars at the Ministry of Justice of the Russian Federation (2001)
• Academy of National Economy at the Government of the Russian Federation (2004, graduated with highest honors)

Languages:

• Russian
• English

Recent experience:

• Comprehensive legal support of a concession agreement on construction and operation of a bridge across the Chusovaya river in Perm Region on the side of the concessionaire;
• Comprehensive legal support of the St. Petersburg City Administration and Pulkovo Airport in the first successful project on developing infrastructure in Russia based on PPP;
• Legal support to the state authorities of the Khabarovsk Region on issues concerning the project on construction of a toll road, based on a concession agreement. Legal support at all stages of the project implementation, including drafting the tender documentation, organizing the tender, evaluation of bids and drafting the concession agreement, advice on issues concerning budget financing possibilities and schemes for implementing the project;
• Legal advice to the Federal Highway Agency of the Ministry of Transport of the Russian Federation on issues concerning the project on construction of a bridge across the Lena river near Yakutsk of the Saha-Yakutiya Region, based on a concession agreement; 
• Legal support for a unique project – construction of the Western High-Speed Diameter in St. Petersburg;
• Comprehensive legal services related to implementing the project on creation of an electronic tickets fare system for public transport;
• Development of paid parking system in St. Petersburg and full-scale legal support to the potential concessioner. The project implies modernizing a paid parking system in St. Petersburg using the concession model.
• Legal support for the project on construction of a waste recycling facility in Levashovo based on a PPP agreement with the St. Petersburg City Administration;
• Legal support for the project on construction of a railway between Moscow and Kazan, which included working out legal models for project implementation, advising client on Russian PPP legislation, issues tied to the procedure for attracting foreign financing and possibility of state guarantees for project implementation, obtaining permits and licenses needed to build and operate the facility;
• Comprehensive legal support for the project on construction of the regional airport, including analysis of available PPP project models in order to determine the most suitable for the project, and drafting of the key project contract – the investment contract between regional authorities, the current airport operator and the private investor;
• Comprehensive legal support for the project on reconstruction of airfield facilities of Perm International Airport based on a concession agreement.
• Comprehensive legal support for the project on construction and operation of a bridge across the Ob river in Novosibirsk based on a concession agreement which implies recovery of the concessioner’s investment costs by means of a capital grant and concession grantor payment;
• Legal support for the project on construction of a light railway line St. Petersburg-Vsevolozhsk based on PPP;
• Legal support for the project on construction and operation of a polyclinic building and a radiotherapy unit in a leading health care center in St. Petersburg based on a concession agreement through a private concession initiative scheme.