François-Guilhem Vaissier is a partner in the Paris office's Energy, Infrastructure and Project Finance team.
His practice mainly includes the private sector participation (PSP) and all aspects of the structuring, development and financing of infrastructure and industrial and energy projects (including renewable energy).
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 aluminium 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). He gained significant practice in drafting project’s documentation relating to large transactions and in conducting legal due diligence.
A65 motorway, 2018
Representation of Banco Bilbao Vizcaya Argentaria S.A., Banco de Sabadell S.A., Banco Santander S.A., Bankia, BNP Paribas, CaixaBank S.A., Commbank Europe Limited, Crédit Agricole Corporate and Investment Bank, KfW IPEX-Bank GmbH, La Banque Postale and Société Générale, in the refinancing of the A65 motorway in France.
A355 motorway, 2018
Representation of the lenders of Arcos, a subsidiary of Vinci Concessions in respect of the financing, construction and operation of the A355 motorway concession project in France.
Agadir Desalination project, 2018
Representation of BMCE Bank, as lender to the Société d’Eau Dessalée d’Agadir and Aman El Baraka Company on the financing, design, construction and operation of a mutualized desalination plant to provide drinking and irrigation water to the Souss Massa region in Morocco. Established under the 54-05 Moroccan law related to delegated contract management, it is the biggest mutualized desalination project in the world for the production of drinking and irrigation water. François-Guilhem also advised BMCE Bank in 2014 on the financing of the initial project.
Atinkou power, 2018
Representation of the sponsors (and the future project company to be incorporated) in relation to the financing, construction and operation of a new 350MW power plant in Côte d'Ivoire.
Namakhvani hydropower, 2018
Representation of the Ministry of Economy and Sustainable Development of Georgia in connection with the 434 MW Namakhvani hydropower project plant cascade project located in the Tskaltubo and Tsageri regions of Georgia to be implemented by Clean Energy Group Georgia LLC under a build-own-operate agreement.
Hydropower in Gabon, 2017
Representation of Eranove and the Fonds Gabonais d’Investissements Stratégiques (FGIS) in connection with the negotiation of a concession agreement for the financing, design construction and operation of a 73 MW hydropower project located in Ngoulmendjim and a 15 MW hydropower project located in Dibwangui in the Gabonese Republic. These transactions were named “Best water deal in Africa” by EMEA Finance 2017.
Ritz Hotel refurbishment, France, 2011-2017
Representation of 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.
A28 motorway, 2016
Representation of Deutsche Bank and HSBC as joint arrangers and bookrunners on the refinancing of Autoroute de Liaison Seine-Sarthe (Alis), which operates the A28 motorway in France. This is the first public project bond refinancing in France in the motorway sector, which operates a motorway between the city of Alençon and the Rouen area in France.
Yozgat City Hospital, Turkey, 2015
Representation of 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.
Expansion of a power plant, Côte d'Ivoire, 2012 and 2014
Representation of 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
Representation of 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.
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