“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)
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, infrastructure funds, joint venture partners, contractors, and lenders in relation to infrastructure and project finance transactions, including ESG and energy transition projects, PPPs, divestments, 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 and works across a variety of sectors, including tourism, real estate and accommodation, oil & gas, petrochemicals and industrial gases, water, power and utilities, transport and social infrastructure.
Representative transaction include advising:
The Red Sea Development Company on the $3.76 billion financing of Phase I of the Red Sea Development Project, the first green conventional project financings undertaken in Saudi Arabia.
Saudi Aramco on the US$12 billion hybrid acquisition, development and financing of a world-scale Integrated Gasification and Combined Cycle (IGCC) project in the Jazan Economic City, Kingdom of Saudi Arabia.
USAID on the Amman-Aqaba Water Desalination and Conveyance Project in Jordan, which will bring 300 MCM/ year of desalinated water from Aqaba in the South to Amman in the North of Jordan.
DP World on the renewal of a concession to expand, operate and transfer 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.
Saudi Aramco as procurer on the structuring, tendering, development and financing of all five of its residential camp procurements, with over $2.5 billion in capital value, to be developed on a build, own, operate and transfer (BOOT) basis.
Saudi Civil Aviation Holding Company (MATARAT Holding) in relation to corporatization and asset transfer for Jeddah Airport.
The Saline Water Conversion Corporation (SWCC) in relation to its privatization.
The FAST Consortium on Package 3 of the US$22 billion Riyadh Metro Project, the largest public transport initiative in the world.
A Middle East corporate entity in connection with ESG-related industrial gases projects.
A PIF-owned entity in connection with a ‘giga’ tourism and healthcare project in Saudi Arabia.
The PIF-backed Rua Al-Madinah in connection with it mega city development.
Saudi Aramco in connection with a BOOT of office and industrial facilities in the Energy Industrial City (Spark).
A Middle East government client in connection with setting up an infrastructure fund.
A Middle East government client with respect to setting up a regulator in the utilities sector.
Leading Individual: Projects & Energy, Legal 500, 2022
Ranked Band 2: Banking & Finance, Chambers & Partners 2022
Next Generation Partner, Banking and Finance, Legal 500, 2022
Highly Regarded Lawyer, IFLR 1000, 2021