François-Guilhem Vaissier | White & Case LLP International Law Firm, Global Law Practice
 Francois-Guilhem Vaissier
 Francois-Guilhem Vaissier

François-Guilhem Vaissier

Partner, Paris

T +33 1 55 04 58 19

E fgvaissier@whitecase.com

“Francois-Guilhem Vaissier receives excellent feedback from clients, who note that ‘when we have questions on contracts we do not hesitate to get in touch with him" and describe him as "very helpful and understanding of our position and very accessible when we need direct contact.’”

Chambers Global 2015

Overview

François-Guilhem Vaissier is partner in the Paris office's energy, infrastructure and project finance practice.

His practice mainly includes the private sector participation (PSP) and all aspects of the structuring and financing of infrastructure and industrial and energy projects (including renewable energy), as well as their corporate law specificities.

François-Guilhem Vaissier managed several large projects in France (railway projects, motorways, road tunnel, airport operation, co-generation plant, wind farms), Europe (underwater tunnel, water and wastewater concession), Africa (hydro-power plant and aluminum smelter project, coal-fired power plant, cement plant, motorway concession, mining concessions, free zone areas, oil production sharing agreements and privatization of a national air carrier), Asia (First Public Private Partnership for a metro project in India) and the Middle East (airport BOT, real estate financing).

Before joining White & Case in January 2007, François-Guilhem Vaissier worked for two years in a leading French law firm. Prior being called to the Paris Bar, he worked for the International Financial Institutions Representative Office of Suez, located in Washington, DC and for the refining/marketing department of Total in Paris.

Bars and Courts

  • Paris Bar

Education

  • Paris Bar School
  • Maîtrise de Droit (JD equivalent) with a special focus on Business Law, Université Panthéon-Sorbonne
  • Master Level Degree, Economics and Finance, Institut de Sciences Politiques, Paris, 1997 – 2001

Languages

  • English
  • French
  • German
  • Italian

Experience

Ritz Hotel refurbishment, France, 2011-2015

François-Guilhem is advising the Ritz Hotel Limited in connection with the refurbishment of the luxury hotel located Place Vendôme. This representation includes various development matters, including the issuance of the required authorizations (building permits and public domain occupancy on Place Vendôme), the negotiation and drafting of the construction agreements with Bouygues and the management of various claims from neighbors of Place Vendôme.

Yozgat City Hospital, Turkey, 2015

François-Guilhem advised the lenders, including SMBC, BTMU and Siemens Bank, on the €150 million financing construction and operation of the Yozgat 475 bed Education and Research Hospital in the city of Yozgat in Turkey, public private partnership (PPP) project.

Agadir desalination plant, Morocco, 2014

François-Guilhem advised BMCE Bank as the sole lender supporting a consortium composed of Abengoa Water and InfraMaroc on the financing of a desalination plant in the Moroccan city Agadir. Financed under an innovative public-private partnership (PPP) scheme, the large scale project is the first delegated management contract of this importance in Morocco under the Law N° 54-05, and also the first for the production of drinking water, which will contribute to the major development taking place in Greater Agadir, particularly in the tourism, agrifood and industrial sectors.

Expansion of a power plant, Côte d'Ivoire, 2012 and 2014

François-Guilhem advised CIPREL, an Ivorian independent electricity producer, controlled by Eranove, itself a subsidiary of a pan-African investment fund, Emerging Capital Partners, in relation to the financing of the expansion of its power unit. We are currently advising the company on the fourth phase of the project. This transaction was named Best Sustainability Deal of the Year 2015 in Africa by EMEAFinance.

Dakar toll motorway, Senegal, 2010 and 2014

François-Guilhem advised the project company formed by Eiffage in connection with the concession, financing, building and operation of a €121 million new section of the Dakar toll road to be fund by the Senegalese government, AFD, Eiffage and its lenders. These additional 16.5 km will connect the first section of the Dakar-Diamniadio Toll Road to the new Blaise Diagne international airport. We also advised the project company on the first section of the Dakar-Diamniadio Toll Road project which transaction was awarded "Africa Road Deal of the Year" by Project Finance 2010.

"Ecotaxe" tolling system, France, 2011-2014

François-Guilhem advised a group of six commercial banks providing finance to the consortium composed of Atlantia (Autostrade per l'Italia) and six of its partners in the PPP project for the design, construction, financing and operation of a new tolling system, "Ecotaxe", for heavy-load vehicles using the French national road network. This transaction was awarded "PPP Deal of the Year" by Project Finance International 2011 and "Technology Deal of the Year" by Project Finance magazine 2011 for the transaction. François-Guilhem also advised the Lenders in connection with the major restructuring of the Eco-tax project, following the reassessment of the initial project by the French government.

Bordeaux University Renovation, France, 2012

François-Guilhem advised the Caisse des dépôts et consignations as lenders (acting through Direction des fonds d’épargne and Section générale) on the renovation and rehabilitation of 16 buildings belonging to Bordeaux University. This was part of "Operation Campus", launched by the French Ministry of Higher Education and Research to refurbish selected academic campuses.

Abidjan Toll Bridge, Côte d'Ivoire, 2012

François-Guilhem advised a group of lenders including AfDB, FMO, BOAD, BIDC, BMCE Bank and AFC, for the financing, design, construction and operation of the Riviera Marcory toll bridge in Abidjan, Côte d'Ivoire, under a concession scheme. A Bouygues-led consortium was the successful bidder for the 30-year concession in 1995, but the financing never closed due to political events. At that time, White & Case LLP represented other lenders, including IFC and Proparco. The project finance structure was amended when the project resumed in 2008. This transaction was awarded "African Transport Deal of the Year" by Project Finance 2012.

€8 billion high-speed railways between Tours and Bordeaux, France, 2011

In a ground-breaking project that represented a number of firsts, François-Guilhem advised the lenders, led by Vinci Concessions, on the construction, development and maintenance of a high-speed railway between Tours and Bordeaux in France. The financing, in excess of €8 billion, was one of the most complex infrastructure financing deals to date, involving state and state-owned entities guarantees, commercial bank debt, EIB financing (including a LGTT tranche) and the French CDC long term financing. This transaction was awarded "Rail Deal of the Year" by Project Finance International 2011, "High-Speed Rail Deal of the Year" by Project Finance 2011 and "Deal of the Year – Transport" by Infrastructure Journal 2012.

A63 motorway between Salles and Saint-Geours-de-Maremne, France, 2010

François-Guilhem advised the lenders for the financing of a project company formed by a consortium composed of Colas Sud-Ouest, SCREG Sud-Ouest, SPIE Batignolles, NGE, EGIS Project, HSBC European Motorway Investments 1 and DIF Infrastructure II BV in connection with the financing, construction and operation of the A63 motorway between Salles and Saint-Geours-de-Maremne in France. The amount of the financing was in excess of €940 million, including seven tranches of debt, with a maturity of 25 years for the senior ones.

Publications

  • Sénégal: un nouveau cadre juridique pour les partenariats public privé, Revue Banque, November 2015
  • The Public-Private Partnership Law Review, France Chapter, Law Business Research, April 2015
  • La nouvelle loi PPP marocaine permettra-t-elle d’éviter les principaux écueils constatés à l’étranger?, Lexis Maroc, April 2015
  • Le recours à un financement de projets incluant une tranche islamique dans le cadre de partenariats public-privé français: mythe ou future réalité?, Contrats et Marchés Publics, Lexis Nexis, March 2013
  • La responsabilité du concessionnaire pour « existence même » de l'ouvrage: une exception française, Contrats et Marchés Publics, Lexis Nexis, August-September 2012