Olivier Le Bars

Associate, Paris

Biography

Overview

Olivier Le Bars is an associate in the Energy, Infrastructure, Project and Asset Finance Group of the Paris office.

He has a sound knowledge of public contractual issues (public service concessions, public works concessions, partnership agreements, PPPs, BOT frameworks, etc.).

His practice mainly includes public law and construction law.

Olivier is essentially involved in all aspects of the structuring and financing of infrastructure, industrial and energy projects, notably by drafting PPPs, back-to-back agreements (EPC agreements, O&M agreements and interface agreements) as well as security documents (direct agreements).

Olivier spent six months within the legal department of Veolia-Transdev (a world leader in public transport), where he developed a good understanding of operational and legal issues relating to PPPs in the transport sector.

Olivier has also been a teaching assistant in public business law in the law school of the University of Paris I (Panthéon-Sorbonne) between 2009 and 2011.

Bars and Courts
Paris Bar
Education
Paris Bar School
Master 2
(J.D equivalent) with a special focus on Public Business Law
Université de Paris I Pantheon Sorbonne

Complementary diploma in European Business Law, Université Paris XII

Languages
English
French

Experience

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. Olivier also advised BMCE Bank in 2014 on the financing of the initial project.

Hydro-power 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 hydro-power project located in Ngoulmendjim and a 15 MW hydro-power project located in Dibwangui in the Gabonese Republic. These transactions were named “Best water deal in Africa” by EMEA Finance, 2017Representation of Eranove in connection with the negotiation of a concession agreement and a power purchase.

Morocco 850MW wind programme, 2017
Representation of the winning consortium in connection with the 850 MW Integrated Wind Energy Programme in Morocco launched by the Office National d'Eau et d'Electricité (ONEE), comprising a total of five on-shore wind farms.

Cairo metro, 2017
Representation of Taisei on structuring the bid submission to Egyptian NAT for the construction of the line 4 of the Cairo metro financed through Japan International Cooperation Agency (JICA) loans (amounting to 2-3 billion euros).

Yozgat hospital in Turkey, 2016
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.

The Ritz Hotel refurbishment, 2014-2016
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.

First Public Project Bond Refinancing in France in the Motorway Sector, 2016
Representation of Deutsche Bank and HSBC as joint arrangers and bookrunners on the refinancing of Autoroute de Liaison Seine-Sarthe (Alis), the first public project bond refinancing in France in the motorway sector, which operates the A28 motorway between the city of Alençon and the Rouen area in France.

Multi-User Rail Line Operation Agreement in Guinea, 2015
Representation of the Agence Nationale d'Aménagement des Infrastructures Minières (ANAIM), Guinea Alumina Corporation (GAC), the Compagnie des Bauxites de Guinée (CBG) and the Compagnie de Bauxite et d'Alumine de Dian-Dian (COBAD) in connection with a multi-user operation agreement for a mining railway between the port at Kamsar and bauxite mines at Sangaredi in the Republic of Guinea.

European Investment Bank's project bond issuance for the refinancing of Axione Telecoms, 2014
Representation of 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 and the first project bond listed on Euronext Paris.