Jacques Bouillon | White & Case LLP International Law Firm, Global Law Practice
Jacques Bouillon
Jacques Bouillon

Jacques Bouillon

Partner, Paris

T +33 1 55 04 15 47

T +33 1 55 04 15 15

E jbouillon@whitecase.com

“Jacques Bouillon receives excellent client feedback: ‘He is very pragmatic, and can explain and negotiate very well… He is admired by clients, who describe him as ‘very proactive, responsive and decisive.’’”

Chambers Europe 2014, Chambers Global 2014

Overview

Jacques Bouillon is a lead partner within the Energy, Infrastructure, Project and Asset Finance Group of the Firm's Paris office. He has 25 years' international experience in public and construction law, particularly in project financing in civil law countries.

Jacques' clients benefit from his experience in project finance, including BOT, PPP and concession projects in various sectors. He is particularly sought after for his in-depth knowledge of road and railway transportation infrastructures, energy (production and distribution), water, oil and gas conveyance infrastructures, ports, airports and urban transportation, and telecommunications.

Notable transactions include groundbreaking national projects such as the financing of a new tolling system, "Ecotaxe", and award-winning international projects such as the financing of the Abidjan Toll Bridge in Ivory Coast (2012). The importance of this latter deal was underlined by the presence of the Minister of Economy and Finance for the Ivory Coast at the deal's closing ceremony in White & Case's Paris offices.

His international client list is extensive and varied, and includes public entities, governmental and local authorities, municipalities, international financial institutions (such as the International Finance Corporation ,IFC), banks, sponsors and concessionaires for public works and services.

Jacques also has extensive experience in cross-border concessions and the specific issues raised by this type of project. In particular, he advised international institutions, including the IFC and Eximbank, in connection with the US$6 billion financing of the Chad Cameroon Pipeline.

Before joining the Paris office of White & Case, he was head of Time Warner France's legal department, and was notably responsible for the negotiation of cable television and video communication network licenses.

Bars and Courts

  • Paris Bar

Education

  • Specialized Higher Studies Degree and In-house Corporate Legal Counsel Degree, Université d'Aix-Marseille III
  • Graduate Degree in Business Law, Université d'Aix-Marseille III
  • PCLL, Aix-en-Provence, Institut de Sciences Politiques, Public Service Sector

Languages

  • English
  • French

Experience

The Ritz Hotel Refurbishment, 2014

Jacques 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.

Thermal power plant, Ivory Coast, 2014

Jacques is advising BOAD and BIDC, as co-arrangers, in connection with the financing, construction and operation of a combined cycle thermal power plant project (372 MW) in Songon, Ivory Coast.

Adana hospital in Turkey, 2014

Jacques advised the lenders, including international financial institutions International Finance Corporation, European Bank for Reconstruction and Development, DEG, Proparco and Korea Development Bank, and a syndicate of commercial banks including BBVA, SMBC, HSBC, Siemens Bank and Deutsche Bank, on the €550 million financing of an integrated healthcare campus public-private partnership (PPP) in Adana, Turkey, which transaction was awarded "European PPP Deal of the Year" by IJGlobal 2015, "Best PPP Deal of the Year" and "Best social development Deal of the Year" by EMEA Finance 2015.

European Investment Bank’s Project Bond Issuance for the Refinancing of Axione Telecoms, 2014

Jacques advised the European Investment Bank (EIB) on the project bond which refinances 11 French telecoms concessions that are owned by Axione Infrastructures. This transaction awarded the European Telecoms Deal of the Year by IJ Global 2015. This is the first project bond with EIB credit enhancement product issued in France and the first in Europe issued for digital infrastructure. It is also the first project bond listed on Euronext Paris.

Expansion of the Dakar-Diamniadio Toll Road PPP, Senegal, 2014

Jacques advised the project company formed by Eiffage in connection with the concession, financing, building and operation of a new section of the Dakar toll road, which is to be funded 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, in respect of a transaction that was awarded "Africa Road Deal of the Year" by Project Finance 2010.

Bordeaux University renovation, 2012

Jacques led the team that advised the Caisse des dépôts et consignations as lenders (acting through Direction des fonds d'épargne and Section générale) in relation to 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 in order to refurbish selected academic campuses.

Henri Konan Bédié toll bridge, Ivory Coast, 2012

Jacques advised the lenders of a consortium led by Bouygues Travaux Publics (including AfDB, PAIDF, BOAD, EBID, AFC, BMCE Bank and FMO) for the financing, design, construction and operation of a toll bridge in Abidjan, Côte d’Ivoire, under a concession scheme with a debt and equity coverage from MIGA. This transaction was awarded "African Transport Deal of the Year" by Project Finance 2012.

Financing a new tolling system, "Ecotaxe", 2011-2014

Jacques led the team that 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. Jacques and his team were 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. Jacques is currently advising the Lenders in connection with the major restructuring of the Eco-tax project, following the reassessment of the initial project by the French government. 

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

In a ground breaking project that represented a number of market firsts, Jacques jointly led the team that advised the lenders, led by Vinci Concessions, in connection with the construction, development and maintenance of high-speed railways 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 magazine 2011 and "Deal of the Year – Transport" by Infrastructure Journal 2012.

Financing the A63 motorway in France, 2010

Jacques led the team that 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 7 tranches of debt, with a maturity of 25 years for the senior ones. 

Publications

  • Les aspects juridiques de la "bancabilité" des contrats de partenariat et de délégation de service public, Bulletin Juridique des Contrats Publics (BJCP), March-April 2012
  • Grands Projets d'infrastructure et protection de la biodiversité, Le Magazine des Affaires n°51, May 2010, (co-author)
  • L'Enjeu est de savoir si le projet peut séduire ou non les banques, BANQUEstratégie n° 211, January 2004, (co-author)
  • Questions à …… Jacques Bouillon, avocat à la Cour, sur les nouveaux contrats de partenariats public privé, LEXBASE HEBDO n° 115 - Edition AFFAIRES, April 8, 2004
  • Financements d'infrastructures : le PPP, pourquoi? comment?, Financement/ Petit-Déjeuner BFinance, May 6, 2004, with CDC IXIS, RSM Salustro Reydel, Standard & Poor's and White & Case
  • France finally provides public procurement law for public private partnerships, Privatisation & Public Private Partnership – Review 2005/2006 – EUROMONEY

Awards & Recognition

Band 1: Projects & Infrastructure Finance: PFI/PPP - France, Chambers Europe, 2014

Leading Lawyer: Public Law - France, Chambers Europe, 2014

Leading Lawyer: Projects & Infrastructure - France, Chambers Europe, 2014

Leading Lawyer: Projects: International Projects - France, Chambers Global, 2014

Leading Individual, IFLR 1000, 2014