Antoine Cousin

Partner, Abu Dhabi



Antoine has significant experience of advising sponsors, lenders and governments on large-scale energy and infrastructure projects, PPPs and joint ventures. He has acted as lead counsel on many of the most significant projects in Saudi Arabia in recent years, as well as on projects in the wider Gulf region, Western and Northern Africa and Eastern Europe. An expert project development lawyer, Antoine has been noted for his industry knowledge and for his structuring and negotiation skills.

He works on projects across a variety of industries, including oil, gas and petrochemicals, power generation (conventional and nuclear), transportation (airports, rail, ports and roads) and water (desalination, distribution and treatment).

Antoine started his career in New York, where he spent five years, before practicing in Paris for six years and then moving to Riyadh in 2009. He is also a member of the Firm's Global Power Group. In addition, he has written extensively on project finance and PPPs and he is a frequent speaker at industry conferences, seminars and trainings.

Bars and Courts
Paris Bar
New York State Bar
University of Chicago Law School
Master of Economics & Finance
Sciences Po
Bachelor and Master of Law
University of Paris


Power and Energy:

US$2.1 billion Jazan Industrial Gas Complex
Antoine represented (as lead counsel) the Saudi Arabian Oil Company (Saudi Aramco) on its US$2.1 billion Air Separation Unit (ASU) project in Jazan, which achieved financial close in June 2015.  Once completed, the project will be the world's largest industrial gas complex. This transaction was recognized 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: Projects" by the American Lawyer.

Saudi Aramco IPPs
Antoine has represented Saudi Aramco and Petro-Rabigh (as lead counsel) on all of their power projects since 2010. These IPPs have a planned capacity of about 7,000 MW and project costs in excess of US$6 billion and include: The joint Saudi Aramco/SEC Fadhili IPP on a BOOT basis (1300-1600 MW, ongoing); The restructuring of the Rabigh IWSPP and its US$1 billion Phase II expansion (closed in 2015); The multi-site 'Cogen IPP' on a BOOT basis (900 MW, closed in 2014), which was recognized as "Middle East Power Deal of the Year" by IJ Global (2014); and The Phase II expansion of the multi-site 'Tihama' Cogen IPP (1,060 MW in aggregate, closed in May 2011).

Bahrain LNG
Representation of an international consortium on its successful bid to develop and finance the Bahrain LNG Project, a new LNG import and regasification terminal (as well as associated facilities and a floating storage unit (FSU)) in the Kingdom of Bahrain.


US$8 billion Riyadh Metro Project
Antoine is representing the FAST Consortium (comprising FCC, Samsung C&T, Strukton and Freyssinet) on its successful bid for the US$8 billion Riyadh Metro Project (package 3) and all related project development aspects.

US$1.4 Medina Airport PPP
Antoine represented IFC and the General Authority of Civil Aviation of the Kingdom of Saudi Arabia (GACA) on the development and tendering of the Medina Airport on a PPP basis. This project was named "2012 Middle East and Africa Infrastructure Deal" by PFI Magazine; and it led White & Case to be named "Airport Finance law firm of the year" at the Jane's Transport Awards 2011.

US$ 5 billion Haramain High Speed Train Project
Antoine represented an international consortium (finalist) in connection with its bid for the estimated US$5 billion High Speed Train Project in Saudi Arabia (HHR Phase 2).*

Mecca & Taif Water Project
Antoine represented SAUR on its successful bid for the Mecca & Taif Water and Wastewater Management Contract; and on its joint venture and O&M contract with Marafiq in the industrial zone of Jubail.

Mauritius International Airport Concession (Mauritius)
Antoine represented Aéroports de Paris Management (ADPM) and the concessionaire/SPV on all aspects of the structuring and development of the Mauritius International Airport Project (on a BOT basis).*

New Cairo Wastewater Plant project (Egypt)
Antoine represented IFC and the Government of Egypt on the development and tendering of the New Cairo Wastewater Plant project.  This project was the first successful transaction under the Government's PPP program and established a roadmap for future PPPs (closed in 2009).*

Cotonou Container Terminal Project (Benin)
Antoine represented IFC and the Government of Benin on the development, tendering and closing of the Cotonou Container Terminal Project (closed in 2009).*

*Matters handled prior to joining White & Case.

Speaking Engagements

Middle-East Turkey Africa (META) Projects Conference 2015 (Dubai) – Chair:

"Managing and Allocating risks in PPP and Improving Bankability", February 2011: 2nd Annual Middle-East PPP Conference, Abu Dhabi, (speaker)

"PPP for Urban Transport", January 2010: Saudi Arabia Urban Transport Conference, Riyadh, (speaker)

"Payment Structures of Power Purchase Agreements", October 2009: International Finance Corporation (IFC) seminar


Nuclear Projects in the 21st Century, International Business Law Journal (Sweet & Maxwell), August 2009

Privatisation and PPP in the Kingdom of Saudi Arabia: Major Projects and Emerging Investment Opportunities, Euromoney PPP Privatisation Guide, 2006