Adam Pierson

Partner, Abu Dhabi, Riyadh

Biography

“Adam Pierson has a strong background advising government entities and corporates on privatisation, particularly in the water sector.” (Legal 500, 2021)

“Clients view him as “very responsive and a pleasure to deal with.”” (Chambers & Partners, 2021)

‘Adam Pierson is the go to lawyer for Saudi projects.’ (Legal 500, 2020)

“The commercially minded Adam Pierson regularly advises major Saudi Arabian clients on project financings...Sources remark that “he’s very approachable and he’s always trying to get the deal done - he’ll find a solution that’s acceptable to both sides””. (Chambers & Partners, 2020)

Overview

Adam Pierson is a partner in our Project Development and Finance practice based in our Abu Dhabi office. Adam was previously located in our Riyadh office for 8 years, and before that our London office, and is qualified as a solicitor in England and Wales. Adam is the Office Executive Partner of our Abu Dhabi Office.

Adam advises government entities, large corporates, procurers, developers, investors, joint venture partners, contractors, and lenders in relation to infrastructure and project finance transactions, PPPs, divestments, infrastructure funds, large scale asset transfers, institutional and regulatory set-up, and privatization projects. He has advised on many first-of-their-kind and award winning transactions within the region. He works across a variety of sectors, including tourism, real estate and accommodation; oil & gas, petrochemicals, and industrial gases, including ESG and energy transition projects; transport infrastructure; water, power and utilities; and social infrastructure.

Bars and Courts
England and Wales
Education
CPE, LPC
College of Law
London
BA
History
London School of Economics
Languages
English
French
Italian
Spanish

Experience

Representation of a PIF-owned developer on the financing of a real estate 'giga' tourism project in Saudi Arabia.

Representation of Saudi Aramco in connection with it US12.4 billion financing of the largest Integrated Gasification and Combined Cycle (IGCC) project in the world, located in Jazan, Saudi Arabia. Adam is the lead partner on the Air Separation Unit aspects of the Project.

Representation of a Middle East corporate entity in connection with ESG-related industrial gases projects.

Representation of a PIF-owned entity in connection with a 'giga' tourism and healthcare project in Saudi Arabia.

Representation of PIF-backed Rua Al-Madinah in connection with it mega city development.

Representation of Saudi Aramco in connection with a BOOT of office and industrial facilities in the Energy Industrial City (Spark).

Representation of a government-related entity in relation to a mega-water desalination and conveyance project in Jordan.

Representation of a Middle East government client in connection with setting up an infrastructure fund.

Representation of a Middle East government client with respect to setting up a regulator in the utilities sector.

Representation of a Middle East government owned corporate in connection with transferring transportation assets from the public sector to the private sector.

Representation of the Saudi Arabia’s Saline Water Conversion Corporation, the world's largest desalination company, on its privatization program.

Representation of Saudi Aramco as procurer on the structuring, tendering, development and financing all five of its residential camp procurement projects, with over $2.5 billion in capital value, to be developed on a build, own, operate and transfer (BOOT) basis.

Representation of DP World on the renewal of a concession to expand, operate and transfer of Jeddah South Container Terminal in Jeddah Islamic Port. This 30 year concession is the first port project to be implemented under the new Saudi PSP framework.

Representation of the FAST Consortium (comprising FCC, Samsung C&T, Strukton and Freyssinet), on Package 3 of the US$22 billion Riyadh Metro Project, the largest public transport initiative in the world at present.

Representation of Saudi Aramco on its US$2.1 billion Air Separation Unit (ASU) project in Jazan, Saudi Arabia. Once completed, the project will be the largest industrial gas complex worldwide. This transaction was recognised as "MENA Petrochemical Deal of the Year 2015" by IJ Global, "Industrial Deal of the Year 2015 (Middle East and Africa)" by Project Finance International (PFI) and "Global Finance Deal of the Year 2016" by The American Lawyer.

Representation of Saudi Aramco in connection with the US$20 billion Sadara Chemical Company Project, a joint venture with The Dow Chemical Company in Jubail, Saudi Arabia. This transaction was recognised as "Project Finance & Infrastructure Deal of the Year" and "Saudi Arabia Deal of the Year" by Islamic Finance News (2014) as well as "Middle East Petrochemical Deal of the Year" by Project Finance International (2014).

Representation of Jeddah Economic Company (the principal shareholder of which is Kingdom Holding) on the financing of its mixed use real estate development north of Jeddah, under a real estate investment fund model.

Awards and Recognition

Leading Individual: Projects & Energy, Legal 500, 2021

Ranked Band 3: Banking & Finance, Chambers & Partners 2021

Next Generation Partner, Banking and Finance, Legal 500, 2021

Highly Regarded Lawyer, IFLR 1000, 2021